Eloro Resources closed $2.5 million private placement offering for exploration and development

From GlobeNewswire: 2025-05-02 17:59:00

Eloro Resources Ltd. announced the closing of a non-brokered private placement offering, raising $2.5 million. The Company sold 2,631,578 units at $0.95 per unit, each consisting of a common share and a warrant. Proceeds will be used for exploration and development of the Iska Iska project. All securities issued are subject to a hold period of four months. The Offering is subject to final approval of the Toronto Stock Exchange. Eloro is an exploration and mine development company with projects in Bolivia, Peru, and Québec. For more information, contact Thomas G. Larsen or Jorge Estepa at (416) 868-9168.



Read more at GlobeNewswire: Eloro Resources Announces Closing of $2.5 Million