Has entered into an agreement with Red Cloud Securities Inc. as sole underwriter and bookrunner, pursuant to which Red Cloud has agreed to purchase for resale 4,348,000 units of the Company at a price of $1.15 per Unit on a “bought deal” basis in a private placement for gross proceeds of $5,000,200. Eloro Resources Ltd. shares T.ELO are trading down $0.22 at $1.11.
Stocks in play: Eloro Resources Ltd.
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