| ELORO COMPLETES $500,000 FINANCING WITH MINERALFIELDS GROUP |
Toronto, Canada: February 27, 2007 – Eloro Resources Ltd. (ELO: TSX Venture Exchange) (the “Company” or “Eloro”) is pleased to announce that it has completed its previously announced non-brokered private placement (the "Private Placement") with the MineralFields Group of 625,000 Flow-Through Units (the "Units") issued on a "flow-through" basis under the Income Tax Act (Canada) at a price of 80 cents per Unit, for gross proceeds to the Company of $500,000. This represents the fourth “flow-through” private placement financing that Eloro has completed with the MineralFields Group, at price levels ranging from $0.17 to $0.80 for aggregate proceeds to Eloro totaling $2,750,000 since December 2005.
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Eloro Resources Ltd. 27 Feb 2007 - 11:03 |
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| ELORO INTERSECTS SIGNIFICANT ZINC-SILVER-GOLD, CONFIRMS CONTINUITY OF SULPHIDES AT HURDMAN PROPERTY, ONTARIO |
Toronto, Canada, February 15, 2007 – Eloro Resources Ltd. (TSX Venture Exchange Symbol: ELO) (the “Company” or “Eloro”) is pleased to announce assay results from the first two diamond drill holes of the 3,500 meter drill campaign initiated in January 2007 at the Company’s wholly owned Hurdman Property. The Hurdman Property is located 120 kilometres north of Timmins, Ontario, and 75 kilometres north of XStrata’s Kidd Creek Operations. The significant assay intervals* of ELO-07-01 and ELO-07-02 are:
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Eloro Resources Ltd. 15 Feb 2007 - 11:52 |
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| ELORO ANNOUNCES $500,000 FINANCING WITH MINERALFIELDS GROUP |
Toronto, Canada: January 31, 2007 – Eloro Resources Ltd. (ELO: TSX Venture Exchange) (the “Company” or “Eloro”) announced today that a non-brokered private placement (the "Private Placement") of 625,000 Flow-Through Units (the "Units") to be issued on a "flow-through" basis under the Income Tax Act (Canada) at a price of 80 cents per Unit, for gross proceeds to the Company of $500,000 has been arranged with MineralFields Group. This represents the fourth financing that Eloro is completing with the MineralFields Group, having already completed three “flow-through” private placements at the price levels ranging from $0.17 to $0.65 for aggregate proceeds to Eloro totaling $2,250,000 since December 2005.
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Eloro Resources Ltd. 1 Feb 2007 - 12:50 |
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