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Eloro Resources Ltd.
Eloro Resources Ltd.
Registriert in: Kanada WKN: A12C1E Rohstoffe:
Art: Originalaktie ISIN: CA2899003008 Gold
Silber
Kupfer
Zink
Heimatbörse: TSX Alternativ: ELRRF
Währung: CAD    
Symbol: ELO.TO Forum:

Eloro Resources Limited: Announces Financing

14.08.2017 | 22:15 Uhr | GlobeNewswire
TORONTO, Aug. 14, 2017 - Eloro Resources Ltd. (TSX-V:ELO) (FSE:P2Q) (“Eloro” or the “Corporation”) is pleased to announce that it is proceeding with a non-brokered private placement (the “Private Placement”) of 600,000 units of Eloro at a price of $0.70 per unit (“Units”) for proceeds of $420,000.

Each Unit will consist of one common share (“Common Share”) and one half of one Common Share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder to purchase one Common Share at a price of $1.00 per share for a term of 24 months following the closing of the Private Placement.

The proceeds of the Private Placement will be used for working capital purposes. The Private Placement is subject to approval by the TSX Venture Exchange. All securities issued pursuant to the Private Placement will be subject to the applicable statutory four-month hold period.


About Eloro Resources Ltd.

Eloro is an exploration and mine development company which holds a 100% undivided interest in the La Victoria Gold/Silver Project, located in the prolific North-Central Mineral Belt of Peru. The La Victoria Gold/Silver Project covers 80.4 square kilometres and is within 50 km of several large, low-cost producing gold mines, with three producers visible from the property. Infrastructure in the area is good with access to road, water, and electricity and is located at an altitude that ranges from 3,100m to 4,200m above sea level. Eloro also holds a portfolio of gold and base-metal properties in northern and western Quebec. For additional technical information on the La Victoria Project, the reader is referred to the NI 43-101 Technical Report on the La Victoria Au-Ag Property, Ancash, Peru filed under the Company’s profile on SEDAR (www.sedar.com).

For further information please contact Jorge Estepa, Vice-President of Eloro Resources Ltd. at (416) 868-9168.


Information in this news release may contain forward-looking information. Statements containing forward-looking information express, as at the date of this news release, the Corporation's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Corporation. There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
 
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Weitere Nachrichten, englisch zu Eloro Resources Ltd.
27.03.24 Eloro Resources Announces Closing of Previously Announced Non-Brokered Prospectus Exempt Offering Pursuant to the Listed Issuer Exemption
13.03.24 Eloro Resources Announces up to C$3.96 Million Non-Brokered Prospectus Exempt Offering Pursuant to the Listed Issuer Exemption
13.03.24 Eloro Resources Further Amends Payment Schedule for Iska Iska Silver-Tin Polymetallic Project, Potosi Department, Bolivia
04.03.24 Eloro Resources Amends Payment Schedule for Iska Iska Silver-Tin Polymetallic Project, Potosi Department, Bolivia
29.01.24 Expanded IP Surveys Outline an Additional 600m Strike Length to the Major Mineralized Corridor at Eloro Resources’ Iska Iska Project, Potosi Department, Southwestern Bolivia
23.01.24 Bulk Tonnage Metallurgical Tests Return Significantly Higher Silver Head Grade of 91 g Ag/t Compared with the 31 g Ag/t Average Grade from the Original Twinned Holes in the Polymetallic Domain at Iska Iska, Potosi Department, Southwestern Bolivia
15.01.24 Original-Research: Eloro Resources Ltd. (von Sphene Capital GmbH): Buy
11.01.24 Eloro Resources Intersects 57.62g Ag/t, 1.26% Zn, 0.94% Pb and 0.12% Sn over 136.11m in Definition Drilling at the Iska Iska Project
18.12.23 Eloro Resources Intersects 279.22 g Ag/t, 0.47% Pb and 0.43% Sn (339.82g Ag eq/t) over 62.84m in Definition Drilling at the Iska Iska Project, Potosi Department, Southwestern Bolivia
01.11.23 Eloro Resources Announces Completion of Metallurgical Holes
30.10.23 Eloro Resources Announces Annual Meeting Voting Results
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