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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 29, 2025 – 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 29, 2025, and in accordance

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

A total of 42,194,396 common shares, which equates to 44.56% of the Company`s issued and outstanding

common shares, were represented the Meeting. Shareholde rs voted in favour of the election of the seven

director nominees as follows:

NOMINEE

VOTES

FOR

%

FOR

VOTES

WITHHELD

%

WITHHELD

Thomas Larsen 36,494,211 99.660 124,520 0.340

Francis Sauve 36,375,274 99.335 243,457 0.665

Alexander Horvath 36,392,574 99.382 226,157 0.618

Dusan Berka 36,143,381 98.702 475,350 1.298

Richard Stone 36,149,427 98.718 469,304 1.282

Pablo Ordoñez 36,150,034 98.720 468,697 1.280

Caroline Cathcart 36,374,150 99.332 244,581 0.668

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 approval of all unalloca ted awards, rights or other entitlement under the

Corporation’s Long-Term Incentive Plan, as required by the rules of the Toronto Stock Exchange. Pursuant to

Section 11.3 of National Instrument 51-102, the Company filed a “Report of Voting Results” on September 29,

2025, 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 NI 43-101 Technical Report 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.

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

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.