Exchange

TSX-V: ELO; OTCQX: ELRRF; Frankfurt: P2Q (WKN A1JKAT)

Shares Issued and Outstanding

47,600,000 (Sep 30, 2020)

Warrants  ($0.50 to $0.60 on exercise)

4,500,000

Options  ($0.12 to $0.87 on exercise)

4,300,000

Villegas property option payment

250,000

Fully Diluted

56,800,000

Share Price (Sep 30, 2020)

$1.40

Market Capitalization

$66,800,000

Shares Owned by Officers and Directors

13.7 M

Shares Owned by Other Significant Holders (Tartisan, Crescat Funds, Cartier Iron and Champion Iron)

13.3 M