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ELO.TO ·

Eloro Resources Ltd. Retains Integral Wealth Securities as Market Maker

Marketing Announcement

Eloro Resources Ltd. Retains Integral Wealth Securities as Market Maker

Toronto, Canada, January 17 , 201 7 – Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q ;

“Eloro” or the “Company”) is pleased to announce that it has retained Integral Wealth

Securities ("Integral") to provide market -making services in accordance with TSX Venture

Exchange ("TSX.V") policies. Integral will trade shares of the Company on the TSX.V for the

purposes of maintaining an orderly market and improving the liquidity of the Company's shares.

Integral will not receive shares or options as compensation. However, Integral and its clients

may have or may acquire a direct interest in the securities of the Company. Eloro and Integral

are unrelated and unaffiliated entities; Inte gral is a member of the Investment Industry

Regulatory Organization of Canada ("IIROC") and can access all Canadian Stock Exchanges and

Alternative Trading Systems. The capital and securities required for any trade undertaken by

Integral as principal will be provided by Integral.

The agreement is for an open -ended term of at least three months and may be terminated

thereafter on 30 days' notice.

About Eloro Resources Ltd.

Eloro is an exploration and mine development company which recently acquired a 100%

undivided interest in the La Victoria Gold/Silver Project, located in the prolific North -Central

Mineral Belt of Peru. The La Victoria Gold/Silver Project covers 80.4 square kilometres and is

within 50 km of several large, low -cost producing gold mines, w ith three producers visible from

the property. Infrastructure in the area is good with access to road, water, and electricity and is

located at an altitude that ranges from 3,100m to 4,200m above sea level. Eloro also holds a

portfolio of gold and base-metal properties in northern and western Quebec.

About Integral Wealth Securities

Integral Wealth Securities provides financing, strategic advisory, and market making services to

emerging companies in three principal sectors: oil + gas, metals + mining and diversified

industries. The firm also works closely with institutional and high net worth investors who seek

attractive risk adjusted returns through participation in these sectors via new issues or the

secondary markets.

For further information, please contact Thomas Larsen, President and CEO or Jorge Estepa, Vice-

President of Eloro Resources Ltd at (416) 868-9168.

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

looking information express, as at the date of this new release, the Corporation’s plans, estimates,

forecasts, projections, expectations, or beliefs as to future events of results and are believed to be

reasonable based on information currently available to the Corporation. 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.

20 Adelaide Street East, Suite 200, Toronto, Ontario CANADA M5C 2T6 Tel.: (41 6) 868 -9168 Fax: (416) 361 -1333

TSX.V Symbol: ELO www.elororesources.com

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

TSXV) accepts responsibility for the adequacy or accuracy of this release.