Electra Stone is pleased to announce that the non-brokered private placement as reported in a news release dated May 28, 2015 has been oversubscribed. The news release stated the private placement would consist of up to 9,375,000 units (Units) for gross proceeds of $750,000. The Company has closed the private placement of 12,466,800 Units at $0.08 per unit for gross proceeds of $997,344. Each Unit consists of one common [...]
Electra Stone is pleased to announce the appointment of CiCi Yim to the Advisory Board of Electra Stone Ltd. and that Electra has become a supporting member of the Canada National Jade Research Institute to further the interests and applications of BC Jade. CiCi Yim is an active fellow of the Canadian Gemological Association and holds a Diploma of Jadeite Jade from the Hong Kong Institute of Gemology. She is the Chief [...]
Electra Stone is pleased to announce that the Company has arranged for a non-brokered private placement of 9,375,000 units at a subscription price of $0.08 per Unit to an individual subscriber for gross proceeds of up to $750,000. Each Unit will consist of one common share and one share purchase warrant. Each warrant being exercisable into one additional common share of the Company at $0.15 per Warrant Share for a period [...]
Electra Stone is pleased to announce that the Company has arranged for a non-brokered private placement of 40,000,000 units at a subscription price of $0.05 per Unit to an individual subscriber for gross proceeds of up to $2,000,000. This private placement will result in a change of control of Electra and will require shareholder approval prior to its completion. Each Unit will consist of one common share and one-half of [...]
Electra Stone is pleased to announce that it has entered into an option agreement with D.Javorsky Prospecting where Electra can acquire a 100% interest, subject to TSX Venture Exchange acceptance, in the Polar Jade Placer (Alluvial) Property, Located in the Liard Mining Division, British Columbia. The property consists of 12 placer claims and is 1490 Hectares in size.
Vancouver, Canada (ABN Newswire) - The Canadian Investor Conference, also known as Canvest will be held at the Vancouver Convention Centre West. Three industries will come together for this 2-day event to cover RESOURCE, TECHNOLOGY and DIVERSIFIED investment opportunities. Companies in Mineral Exploration, Oil & Gas, LNG, Agriculture, Life Sciences, Energy Metals, Technology and Medical Marijuana will exhibit. Top [...]
Electra Stone is pleased to announce the acquisition, by staking, of a Nephrite Jade project totaling 478 hectares located within the Liard Mining Division near Dease Lake. The "Kutcho Jade Project" is approximately 85km east of the Town of Dease Lake. The property is underlain by Mississippian to Permian rocks of the Cache Creek Group, namely conglomerate, phyllite, tuff and limestone all intruded by bodies of [...]
Electra Gold is pleased to announce that the Company has retained the services of a strategic consultant with significant ties to Asian markets in order to develop a comprehensive plan leveraging the development of the "Rustic Jade Project" located within the Liard Mining Division near Cassiar, British Columbia. The focus is to develop a comprehensive strategy that incorporates a business model which will produce a [...]
Electra Gold is pleased to announce the acquisition, by staking, of a nephrite Jade project totaling 2,225 hectares located within the Liard Mining Division near Cassiar, British Columbia. The "Rustic Jade Project" is approximately 25km north of the town of Cassiar and falls within a similar structural geology of the currently producing Cassiar Jade mine.
Electra Gold is pleased to announce that it has reached its first technical services agreement with MGX minerals for engineering work at the Apple Bay Alumina-Silica Quarry. The quarry is located near Port Hardy on Vancouver Island and has been in operation since 2004. As part of the Company's agreement with MGX signed December 1, 2014, MGX will provide technical support to Electra. The objectives of the engineering work [...]
Electra Gold is pleased to announce results of the vote by shareholders at its annual general and special meeting held on January 19, 2015. Results of Annual General and Special Meeting. A total of 7,157,855 Common Shares were voted at the Meeting, representing approximately 18.37% of the outstanding shares. John Costigan, Johan Shearer, Kyler Hardy and Darrell Dudley were nominated for election to the Board of Directors [...]
Electra Gold and its principle shareholder Zimtu Capital are pleased to announce that they have formed a Strategic Alliance with MGX Minerals for the purposes of jointly developing industrial mineral properties, as follows: 1. MGX acquires 2,000,000 million shares of Electra. 2. Electra acquires 666,667 shares of MGX. 3. Zimtu acquires 333,333 shares of MGX at a price of $0.25 for gross proceeds of $83,333 as part of the [...]