Eloro Resources Files Preliminary Base Shelf Prospectus
20 Adelaide Street East, Suite 200, Toronto, Ontario CANADA M5C 2T6 Tel.: (416) 868-9168 Fax: (416) 361 -1333
TSX.V Symbol: ELO www.elororesources.com
Eloro Resources Files Preliminary Base Shelf Prospectus
Toronto, Ontario – March 10, 2022 – Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO;
OTCQX: ELRRF; FSE: P2QM) announces that it has filed a preliminary short form base shelf prospectus
with the securities regulatory authorities in each of the provinces of Canada except Québec. The base
shelf prospectus, when final, will allow Eloro to qualify the distribution by way of prospectus of up to C$100
million, in aggregate, of common shares, warrants and units, or any combination thereof, from time to time
during the 25-month period during which the base shelf prospectus is effective. The specific terms of any
future offering will be established in a prospectus supplement to the base shelf prospectus, which
supplement will be filed with the applicable Canadian securities regulatory authorities in connection with
any such offering.
Eloro is filing a base shelf prospectus to provide the Company with greater financial flexibility going forward
but has not entered into any agreements or arrang ements to authorize or offer any securities of the
Company at this time.
A copy of the preliminary short form base shelf prospe ctus is available under Eloro’s profile on SEDAR at
www.sedar.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be
any sale of, any securities of the Company in any jurisdiction in which such offer, solicitation or sale would
be unlawful.
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 ac quire a 99% interest in the highly prospective Iska
Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral
deposit type in the Potosi Department, in southern Bolivia. Eloro commissioned a NI 43-101 Technical
Report on Iska Iska, which was completed by Micon International Limited and is available on Eloro’s website
and under its filings on SEDAR. Iska Iska is a road-acc essible, royalty-free property. Eloro also owns an
82% interest in the La Victoria Gold/Silver Project, loca ted in the North-Central Mineral Belt of Peru some
50 km south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. La
Victoria consists of eight mining concessions and eight mining claims encompassing approximately 89
square kilometres. La Victoria has good infrastructu re with access to road, water and electricity and is
located at an altitude that ranges from 3,150 m to 4,400 m above sea level.
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 forward-look ing information. Statements containing forward-looking
information express, as at the date of this news release, the Company’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 (forward-looking statements in this news release include, witho ut limitation, statements
regarding future financings, if any, pursuant to the short form base shelf prospectus referred to above). There 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 Venture Exchange nor its Regulation Services Provider (as that term is def ined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.