Eloro Resources Ltd. is pleased to announce that it has closed the first tranche of a previously announced non-brokered private placement for gross proceeds of $305,393, pursuant to the offering of up to 2,000,000 units of Eloro at a price of $0.25 per unit for total aggregate proceeds of up to $500,000. A total of 1,221,570 Units were issued to investors, including an insider and a director/senior officer of Eloro, in
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