| ELORO COMPLETES $700,000 FLOW-THROUGH FINANCING |
Toronto, Canada: December 31, 2009 – Eloro Resources Ltd. (ELO: TSX Venture Exchange) (the “Company” or “Eloro”) announces the completion of its previously announced non-brokered private placement (the “Private Placement”) (see Eloro’s news releases dated December 1, 2009 and December 18, 2009), subject to final TSX Venture Exchange acceptance. Eloro issued 5,833,333 Flow-Through Units (“F-T Units”) at a price of $0.12 per F-T Unit for total proceeds of $700,000.
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Eloro Resources Ltd. 5 Jan 2010 - 18:52 |
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