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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 Announces Financing

22.10.2019 | 13:00 Uhr | GlobeNewswire

TORONTO, Oct. 22, 2019 - 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 up to 2,000,000 units of Eloro at a price of $0.25 per unit (“Units”) for proceeds of up to $500,000.

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 $0.50 per share for a term of 18 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. Directors and officers of the Corporation will be participating in the Private Placement. 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 with a portfolio of gold and base-metal properties in Peru and Quebec. Eloro owns a 90% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of Barrick's Lagunas Norte Gold Mine and Tahoe's La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing approximately 89 square kilometres. The property has good infrastructure with access to road, water and electricity and is located at an altitude that ranges from 3,100 m to 4,200 m above sea level.

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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