VANCOUVER, BC / ACCESSWIRE / July 15, 2015 / Electra Stone Ltd. ("Electra" or the "Company") (ELT.V) (FSE:44E1.F) is pleased to announce the appointment of David Zhang as a Director of the Company.
Mr. Zhang has a master's degree in money and banking from Zhongnan University in Wuhan, China. He has worked in the financial and banking Sector in China for the last 20 years and is currently the manager of Metath investments a Shenzhen based investment Fund. Mr. Zhang manages all Canadian operations and represents the interests of Metath in Vancouver, BC.
John Costigan, President and Director of Electra comments, "We are very pleased to have Mr. Zhang join the Electra board, his knowledge and experience with international finance between North American and Asian markets is an essential component to the future development of our goals in the region."
About Electra Stone
Electra Stone Ltd. is a mining company specializing in the development of and exploration for Nephrite Jade and industrial minerals. The Company is in the process of mining the Apple Bay aluminum silicate quarry located on Vancouver Island near Port Hardy, British Columbia. Electra has also recently entered into Nephrite Jade exploration in British Columbia. Total sales and price of B.C. Nephrite Jade have reportedly increased significantly over the past several years according to private producers. Increased interest in Nephrite Jade in South-East Asian countries, specifically China is the primary reason for the rise in demand.
For further information or interests on BC Jade or Electra Stone please contact Tyler Lowes at tyler@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. 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. 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 www.sedar.com.
SOURCE: Electra Stone Ltd.