Eloro Resources Ltd.

0.35

Canada & Ontario Toronto

20 Adelaide Street East, Suite 200

+1 416 868-9168

www.elororesources.com

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Company Press Releases

Eloro Resources Announces Shares-for-Debt Transaction

TORONTO, Oct. 11, 2018 (GLOBE NEWSWIRE) -- Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro” or the “Corporation”) announces its intention to proceed with a shares-for-debt transaction (the “Shares-for-Debt Transaction”) with insiders of the Corporation who are related parties (“Related Parties”), in which Eloro proposes to issue 962,000 Common Shares at a price of $0.50 per Common Share to settle debts of $481,000. The transaction is being undertaken by Eloro in order to conserve capital and improve the Corporation’s balance...

Eloro Resources Provides Update on La Victoria Gold Project, Peru

TORONTO, Aug. 13, 2018 (GLOBE NEWSWIRE) -- Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro” or the “Corporation”) is pleased to provide an update on the La Victoria Gold Project in the north-central mineral belt of Peru which it is exploring with its joint venture partner EHR Resources (“EHR”).  EHR currently holds a 10% interest through its Peruvian subsidiary and is earning up to a 25% interest in La Victoria. Eloro’s Peruvian subsidiary currently owns a 90% interest in La Victoria. Eloro completed three diamond drill holes totalli...

Eloro Resources Grants Stock Options

TORONTO, July 30, 2018 (GLOBE NEWSWIRE) -- Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro”) announces the grant of options to a consultant to purchase an aggregate of 50,000 common shares of Eloro, exercisable at $0.50 per share at any time on or before July 30, 2023. The grant is subject to TSX Venture Exchange acceptance and is made in accordance with and subject to the terms of Eloro’s stock option plan. In accordance with securities regulatory requirements, any shares issued pursuant to the exercise of such options will be subject to a resale restriction for a...

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