Eloro Resources Secures C$3.6 Million in Funding

Eloro Resources (TSE:ELO) has released an update.

Eloro Resources Ltd. has successfully completed a non-brokered funding round, raising C$3.6 million through the sale of 3 million units at C$1.20 each. These units include a share and a purchase warrant, with the latter allowing buyers to acquire additional shares at C$2.00 until March 2026 or upon certain triggering events. The proceeds are earmarked for the Iska Iska project’s option payment, further exploration, and general corporate purposes.

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