Eloro Resources is pleased to announce that it has closed its previously announced bought deal financing of 3,007,710 units of the Company (the "Units") at a price of C$3.25 per Unit for gross proceeds to the Company of C$9,775,057.50. The Offering was underwritten on a bought deal basis by Cormark Securities Inc. as underwriter, pursuant to an [...]
Eloro Resources Ltd. is pleased to announce that in connection with its previously announced bought deal financing, the Company and Cormark Securities Inc., have agreed to increase the size of the previously announced financing. The Underwriter has agreed to purchase, on a bought deal basis, 2,615,400 units of the Company at a price of C$3.25 per [...]
Eloro Resources Ltd. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. to act as sole underwriter , pursuant to which the Underwriter has agreed to purchase, on a bought deal basis, 1,538,480 units at a price of C$3.25 per Unit for gross proceeds to the Company of C$5,000,060 . Each Unit will consist of one [...]
Eloro Resources is pleased to announce that it has filed on SEDAR an updated technical report on the Company’s Iska Iska silver-tin polymetallic project, prepared by Micon International Ltd and in accordance with National Instrument 43-101. Eloro also announces that it has filed a final short form base shelf prospectus with the securities [...]
Includes a higher-grade section in this underground hole DSBU-06 of 314.52 g Ag eq/t over 50.68m and an additional intersection of 110.57 g Ag eq/t over 128.44m further down the hole. Overall, for DSBU-06, 86% of this 599.8m long hole had reportable intersections, which collectively average 129.70 g Ag eq/t. Underground hole DSBU-05 on the same due [...]
Eloro Resources Ltd. is pleased to announce assay results from an additional two diamond drill holes from its on-going drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. Hole METSBUG-01 is an underground hole drilled for metallurgical sampling purposes from the Santa Barbara adit, while [...]
Eloro Resources Ltd. announces that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada except Qu?bec. The base shelf prospectus, when final, will allow Eloro to qualify the distribution by way of prospectus of up to C$100 million, in aggregate, of common shares [...]
Eloro Resources Ltd. announces the grant of stock options to directors and officers of the Corporation to purchase an aggregate of 1,025,000 common shares of Eloro, exercisable at $4.65 per share at any time on or before March 3, 2027. The grant is subject to TSX Venture Exchange acceptance and is made in accordance with, and subject to, the terms [...]
Eloro Resources Ltd. is pleased to announce assay results from an additional diamond drill hole from its on-going drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. Hole DSBU-03, an underground hole drilled due west from the Santa Barbara adit at -50 degrees, has discovered major new depth [...]
Includes higher-grade sections of 507.64 g Ag eq/t over 49.55m from 0.0 to 49.55m and 196.67 g Ag eq/t over 77.77m in underground drill hole METSBUG-02. Hole DSB-20, which is in approximately the centre of the NW Extension target area, intersected 22 reportable intersections with a best result of 129.42 g Ag eq/t over 73.65m including a [...]
Includes a higher-grade section of 318.15 g Ag eq/t over 51.09m in underground drill hole DSBU-01. 134.47 g Ag eq/t over 115.44m including a higher-grade section of 160.87 g Ag eq/t over 37.55m in underground hole DSBU-02. Promising results from these holes across a well mineralized width of 200+m opens significant possibilities in the southern [...]
Eloro Resources Ltd. announces it has granted an aggregate of 2.35 million restricted share units to its senior officers and key consultants, pursuant to the Company's RSU plan . The Plan aims to compensate and reward its key officers and consultants for working towards the Company's long-term objectives and in alignment with the shareholders' best [...]
