Electra Stone Ltd. Equipment to Dynasty
01.12.2015 | Accesswire
VANCOUVER, BC / ACCESSWIRE / December 1, 2015 / Electra Stone Ltd. ("Electra" or the "Company") (TSX.V: ELT) (FSE: 44E1.F) is pleased to announce an arrangement of the sale of certain mining equipment to Dynasty Jade Mine Ltd. ("Dynasty") for $458,000. Dynasty may elect to pay for the equipment either in cash or in jade. If payment is to be made in jade, the jade will be selected from Dynasty's inventory in Jade City, British Columbia.About Jade
There are two distinct types of jade. Nephrite Jade that is found in British Columbia Canada, and other countries, and Jadeite that is primarily found in Myanmar. Nephrite jade tends to be larger boulders that are sought after for ornamental purposes, while Jadeite is mostly used for jewellery. For more information, on Nephrite Jade, its important standing in the Chinese culture as the "Emperor's Stone" and why BC is a leading supplier to China, please visit www.electrastone.com.
About Electra Stone
Electra Stone Ltd. is building a vertically integrated Nephrite Jade mining & marketing company. Electra is focused on international market growth and trade of Nephrite Jade from British Columbia into Asian markets with a specific focus on China.
For further information or interests on Electra Stone or BC Jade Sales please contact Tyler Lowes at tyler@electrastone.com, visit the Company website: www.Electrastone.com or call 604-681-1568.
On behalf of the Board of Directors
"John Costigan"
President and Director
Forward-Looking Statements: This press release contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "believe," "expect," "anticipate," "intend," "estimate,” “proposed,” "postulate," and similar expressions, or are those, which, by their nature, refer to future events. Forward looking statements in the news release included but are not limited to that we will export jade to China. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors, which include that we may not be able to source jade, we may not be able to get permits to export it to China and the market for jade may be weak or prices may be too low to profitably carry out the business. Even if we do export jade to China, there is no guarantee that we can do so profitably. The reader is referred to the Company's public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company's profile on SEDAR at http://www.sedar.com.
