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File: ELTELECTRAjune202018NEWSRELEASE.doc

ELECTRA WITHDRAWS CONNELL MOUNTAIN COPPER PROJECT ACQUISITION 
Electra Stone Ltd., (TSX-V: ELT) (OTC-ELCGF)  ("Electra") announces today, June 20, 2018, that ELECTRA has cancelled t
--->he proposed acquisition of the Connell Mountain Copper Project ("Acquisition"), announced April 5, 2018,  as the Agree
--->ment terms were not met as no TSX Venture Exchange Approval for the Acquisition has been obtained within a reasonable 
--->time frame.  ELECTRA has withdrawn the proposed acquisition of the Connell Mountain Copper Project, submitted on an ex
--->pedited basis, but determined to be a possible fundamental change of business by the TSX Venture Exchange. ELECTRA was
---> not in a position to satisfy TSX Venture Exchange requirements nor was ELECTRA able to satisfy the Acquisition terms 
--->of Agreement with the Acquisition vendors. 
ABOUT ELECTRA STONE LTD., Electra Stone Ltd., is focused on mineral projects to grow the company  with a current focus
--->  on the traditional market in Asia for Jade. Electra owns 100% in four placer titles located in British Columbia that
---> have documented BC Minfile Jade occurrences. Jade in Chinese culture is reflected in its status as a symbol of goodne
--->ss, preciousness and beauty. Jade stone is the embodiment of the Confucian virtues of courage, wisdom, modesty, justic
--->e and compassion. Electra Stone owns  100% interest in four historic minfile jade occurrences located in British Colum
--->bia, owns 100% of ground located in Quebec called DUMONT COBALT NORTHWEST,  owns a 100% interest in ground in the area
---> of Garibaldi Resources (TSX-GGi) E&L Nickel discovery, owns 100% of ground acquired via Gestim Online in Quebec in th
--->e area of Nemaska Lithium Whabouchi Lithium Mine, and has been re-issued the Permit 18352 in relation to the PEM100 Mi
--->ning Lease.
This news release issued by:
_______________________________
Electra Stone Ltd.
WWW.ELECTRASTONELTD.COM Tel. 604.428.2900      Tel: 604.428.2900