Elcora Resources : Dec 23, 2015 – Elcora Resources to Begin Trading on OTCQB

Halifax, Nova Scotia-(Newsfile Corp. - December 23, 2015) - Troy Grant, President and CEO of ELCORA RESOURCES CORP. (OTCQB: ECORF) (TSXV: ERA) (FSE: ELM), (the 'Company' or 'Elcora'), is pleased to announce that the Company has been verified to trade on OTCQB®, the venture marketplace for entrepreneurial and development stage companies operated by OTC Markets Group. Trading commenced on December 22, 2015. U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

'As Elcora continues to research and develop graphene and its applications, we believe the U.S. market is a great arena for us to showcase our work' said Troy Grant, 'we will be able to reach out to U.S. investors and broaden the presence of the company in an important market. This is a natural step in the growth of Elcora.'

About Elcora Resources

Founded in 2011, Elcora has been structured to become a vertically integrated graphite & graphene company that mines, processes, refines graphite, and produces both the graphene and end graphene applications.

As part of the vertical integration strategy, Elcora has secured high-grade graphene precursor graphite from its interest in the operation of the Ragedara mine in Sri Lanka. Elcora personnel have developed a unique low cost effective process to make graphene that is commercially scalable. The Elcora team is composed of some of the best process, research and development people both in graphite and graphene. This combination means that Elcora has the tools and resources for graphene vertical integration.

For further information please visit the company's website at http://www.elcoraresources.com

For further information please contact: Troy Grant, Director, President and CEO, Elcora Resources Corp., T: 902 802-8847 F: 902 446-2001.

CAUTIONARY STATEMENT:

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock Exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain 'forward-looking statements'. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Elcora, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Elcora's expectations are exploration risks detailed herein and from time to time in the filings made by Elcora with securities regulators.