Electra Gold Ltd.
Unit #5 - 2230 Tyner St. V3C 2Z1 Port Coquitlam, BC, Canada

VANCOUVER, Feb. 10th, 2015 (TSXv: ELT) (FSE: ) (the "Company" or "Electra") 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. Proposed Exploration Program... The company would also like to announce that it has filed a notice of work application to the BC ministry of mines to begin the exploration and development process. The 2015 proposed program will be a field survey and Data compilation consisting of: - Magnetic Survey over strike - Up to 300m of drilling to delineate potential Nephrite mineralization - Field mapping focused on the High elevation Nephrite occurrence in the South West region of the property. - The drill results will be used to prepare an initial NI 43-101 Technical Report Sales in B.C. Nephrite jade have reportedly increased by 300% over the past three years according to private producers. The 2008 Beijing Olympics reignited China’s interest in nephrite (BC Jade) because China used the stone in Olympic medals and ran a campaign to remind its residents that nephrite is the country’s traditional jade. John Costigan President of ELT stated that Electra believes that this former niche market has demonstrated significant growth and we are adopting a strategy to address opportunities within the global jade Industry. The development of a reliable source of BC Jade is the first step in the development of this strategy. Additional information on BC Jade and Electra’s project can be found below. http://electragoldltd.com/projects/Jade/Jade_Fact_Sheet.pdf For the full news release please visit: http://www.electragoldltd.com

Electra Gold Ltd. (TSX.V: ELT) announces results of the vote by shareholders at its Annual General and Special Meeting held January 19, 2015 in Vancouver, Canada. 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. Each of the director nominees pr...oposed by management for election were elected to the Board of Directors. Kyler Hardy and Darrell Dudley are new directors of the Company. At the meeting, shareholders also approved the following resolutions: - Appointment of De Visser Gray LLP, as auditors for the ensuing year and authorizing the directors to fix their remuneration; - Adoption of new Articles of Incorporation of the Company, as set out in the Management Information Circular as filed on SEDAR; - The Company name changed to Electra Stone Inc.; and - Approval of adoption of a 2015 Stock Option Plan. For more information please see the full news release, available at: http://electragoldltd.com/newscurrent.htm

Electra Gold Ltd. (TSX.V: ELT) and its principle shareholder Zimtu Capital Corp. (TSX.V: ZC) are pleased to announce that they have formed a Strategic Alliance with MGX Minerals Inc. (MGX) (CSE: XMG) 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 t...he Company’s non-brokered private placement (see press release dated October 30, 2014) 4.MGX engages Zimtu for capital market consulting services 5.MGX will provide technical services to Electra 6.Electra will provide industrial mineral sales and marketing services to MGX This Alliance creates a number of specific opportunities for growth and development within the industrial minerals sector in the Province of British Columbia. We look to expand and continue our model of acquiring and developing assets that are anticipated to be in production within a relatively short timeframe such as the Longworth Silica Property. We look forward to advancing this project and other low impact, low capex projects together with MGX, stated Electra President John Costigan. For the full news release please visit: http://electragoldltd.com/newscurrent.htm

Electra Gold Ltd. Releases Interim Financial Statements for Six Months Ended June 30, 2014 and 2013 (Expressed in Canadian Dollars, unless otherwise noted) For a complete version of the financial statements please visit: http://electragoldltd.com/investors.htm

Electra Gold Ltd. Releases MDA for the six-months ended June 30, 2014 For a complete version of the Management Discussion and Analysis Report visit: http://electragoldltd.com/investors.htm