Elcora announces the Company has signed a binding letter of intent to acquire all of the issued and outstanding common shares of Graphene Corp. Ltd., a Sri Lankan company. Graphene is the owner of exploration application licenses for 100 metric grid units located in Sri Lanka covering approximately 100 square kilometers. The acquisition of the Graphene common shares does not involve a Non Arms Length Party.
Elcora has retained Ronald Struthers, carrying on business in Arden, Ontario as Resource Stock Advisory as a consultant to provide investor relations services on behalf of Elcora. Struthers is a long-term investor relations specialist in the natural resource sector, with a focus on introducing Canadian resource companies of merit to broader institutional and retail investor audiences. Struthers holds 45,000 shares of [...]
Elcora is pleased to announce that it has commenced its Phase I exploration program at the Cree Lake Gold Property located in Swayze Township, Ontario. The Cree Lake Gold Property consists of 18 mining claims covering approximately 3,904 hectares, which claims are subject to a 1.5% net smelter return royalty on mining claim numbers 4203295, 4203275, 4203296 and 4209811. The Cree Lake Claims are located 195-kilometers [...]
Troy Grant, President and CEO of Elcora, a capital pool company, is pleased to announce that it has completed its Qualifying Transaction and closed a non-brokered $337,725 private placement. Trading of the common shares of Elcora was halted at Elcora's request when it announced its proposed Qualifying Transaction on October 4, 2012 and will remain halted pending the TSX Venture Exchange's receipt of satisfactory [...]
Troy Grant, President and CEO of Elcora, is pleased to announce that the TSX Venture Exchange has approved Elcora's previously announced Qualifying Transaction subject to a number of pre-closing and post-closing conditions. The closing date of Elcora's Qualifying Transaction and concurrent financing are expected to be completed on or before January 15, 2013. Elcora's Filing Statement is available through the internet on [...]
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