| Eloro Announces Additional $1,000,000 Financing |
Toronto, Canada: November 13, 2007 – Eloro Resources Ltd. (ELO: TSX Venture Exchange) (the “Company” or “Eloro”) is pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 1,083,333 Flow-Through Units (“F-T Units”) of Eloro at a price of $0.60 per F-T Unit, as well as up to 636,363 Units (“Units”) of Eloro priced at $0.55 per Unit for total proceeds of up to $1,000,000. The Private Placement is subject to exchange and regulatory approval. All securities issued pursuant to the Private Placement will be subject to the applicable statutory, exchange and regulatory hold period.
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13 Nov 2007 - 19:03 |
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| Eloro Announces Additional $3,000,000 Financing with MineralFields Group |
TORONTO, ONTARIO--(Marketwire - Nov. 9, 2007) - Eloro Resources Ltd. (TSX VENTURE:ELO) (the "Company" or "Eloro") is pleased to announce that al non-brokered private placement (the "Private Placement") of 5,000,000 Flow-Through Units of Eloro at a price of $0.60 per unit to be issued on a "flow-through" basis under the Income Tax Act (Canada) for total proceeds of up to $3,000,000 has been arranged with MineralFields Group. This represents the fifth "flow-through" private placement financing that Eloro is completing with MineralFields Group, having already completed four placements since December 2005 at price levels ranging from $0.17 to $0.80 for aggregate proceeds to Eloro totaling $2,750,000.
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9 Nov 2007 - 18:34 |
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| Eloro Commences Drilling at Amelie Lake |
TORONTO, ONTARIO--(Marketwire - Nov. 2, 2007) - ELORO RESOURCES LTD. ("Eloro" or the "Company"); (TSX VENTURE:ELO) is pleased to announce that diamond drilling on the Amelie Lake James Bay property (the "Property") has commenced. The property is located in the eastern portion of the La Grande Archean Greenstone belt in the province of Quebec's James Bay district.
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2 Nov 2007 - 12:33 |
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