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Eloro Resources Announces Annual and Special Meeting Voting Results

Shareholder Meetings

Eloro Resources Announces Annual and Special Meeting Voting Results

Toronto, Canada, September 30, 2024 – Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM)

(“Eloro”, or the “Company”) is pleased to announce that in connection with the annual and special meeting of

the Company`s shareholders (the “Meeting”), that was held virtually on September 30, 2024, and in accordance

with TSX reporting requirements, the following voting results were obtained.

A total of 32,499,132 common shares representing 40.475% of the Company`s issued and outstanding

common shares were voted in connection with the Meeting. Shareholders voted in favour of the election of the

seven director nominees as follows:

NOMINEE

VOTES

FOR

%

FOR

VOTES

WITHHELD

%

WITHHELD

Thomas Larsen 27,710,072 99.393 169,120 0.607

Francis Sauve 27,746,77 2 99.525 132,420 0.475

Alexander Horvath 27,746,772 99.525 132,420 0.475

Dusan Berka 27,747,072 99.526 132,120 0.474

Richard Stone 27,745,77 2 99.521 133,420 0.479

Pablo Ordoñez 27,740,92 3 99.504 138,269 0.496

Caroline Cathcart 27,721,872 99.436 157,320 0.564

Shareholders also voted in favour of the other items of business considered at the Meeting, being the setting

of the number of directors of the Company at seven, with the directors authorized to determine the number of

directors of the Company by resolution of the dire ctors, the re-appoi ntment of RSM Canada LLP as the

Company’s auditors, and the issuance of certain co mmon shares in connection with a debt settlement

agreement. Pursuant to Section 11.3 of National Instrument 51-102, the Company filed a “Report of Voting

Results” on September 30, 2024, under the Company’s filings on SEDAR+ (www.sedarplus.ca).

About Eloro Resources Ltd.

Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in

Bolivia, Peru and Quebec. Eloro has an option to acquire a 100% interest in the highly prospective Iska Iska

project, which can be classified as a polymetallic epither mal-porphyry complex, a significant mineral deposit

type in the Potosi Department, in southern Bolivia. A re cent NI 43-101 Technical R eport on Iska Iska, which

was completed by Micon International Limited, is available on Eloro’s website and under its filings on SEDAR+.

Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82% interest in the La Victoria

Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of the Lagunas Norte

Gold Mine and the La Arena Gold Mine.

For further information please contact either Thomas G. Larsen, Chairman and CEO or Jorge Estepa,

Vice-President at (416) 868-9168.

Information in this news release may contain forwar d-looking information. Statements containing forward-

20 Adelaide Street East, Suite 200, Toronto, Ontario CANADA M5C 2T6 Tel.: (416) 868-9168

TSX Symbol: ELO www.elororesources.com

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looking information express, as at t he date of this news release, the Comp any’s plans, estimates, forecasts,

projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on

information currently available to the Company. Ther e can be no assurance that forward-looking statements

will prove to be accurate. Actual results and future events could differ materially from those anticipated in such

statements. Readers should not place undue reliance on forward-looking information.

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts

responsibility for the adequacy or accuracy of this release.