Eloro Resources Retains Focus Communications for Investor Relations
Eloro Resources Retains Focus Communications
for Investor Relations
Toronto, Canada, July 8, 2020 – Eloro Resources Ltd . (TSX-V: ELO; FSE: P2Q) (“ Eloro ” or the
“Corporation ”) is pleased to announce the signing of a new inve stor relations agreement (the
“Agreement”) aimed at enhancing the Corporation’s s hareholder base and ongoing investor
communications initiatives.
The primary communications objective will be to increase investor awareness of Eloro’s exploration efforts
in Bolivia and Peru.
Eloro has retained the services of Focus Communications of Toronto, Ontario ("Focus"), to provide a range
of investor relations, market awareness and consult ing services to the Company. The team at Focus will
work with management to support Eloro’s interaction s with media, broker-dealers, securities advisors,
investment funds and members of the investment comm unity.
The Corporation has agreed to pay Focus monthly fee s of $5,000 over a 12 month period and subject to
all required approval and available capacity under its incentive stock option plan, Eloro has further agreed
to grant Focus options to purchase 250,000 common s hares of the Corporation at an exercise price to be
determined on the date of grant, whereby the options would vest quarterly over 12 months and expire after
three years in accordance with the terms of the sto ck option plan.
The appointment of Focus Communications is subject to the requisite filings with and acceptance of the
TSX Venture Exchange.
About Focus Communications
Focus Communications is a private Toronto based fir m, specializing in investor relations, corporate
communications and market awareness services. Utili zing its extensive database of private investors,
brokers, analysts and fund managers, Focus provides customized investor relations solutions for its clients.
Focus implements a proactive and "one on one" approach in managing relationships between clients, their
shareholders and the investment community for posit ive, long term relationships.
About Eloro Resources Ltd.
Eloro is an exploration and mine development compan y with a portfolio of gold and base-metal propertie s
in Bolivia, Peru and Quebec. Eloro has an option to acquire a 99% interest in the highly prospective I ska
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 recently 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-accessible, royalty-free property. Eloro
also owns an 82% interest in the La Victoria Gold/S ilver Project, located 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 concessi ons and eight mining claims encompassing
approximately 89 square kilometres. La Victoria has good infrastructure with access to road, water and
electricity and is located at an altitude that rang es from 3,150 m to 4,400 m above sea level.
For further information please contact either Thoma s G. Larsen, President and CEO or Jorge
Estepa, Vice-President at (416) 868-9168.
20 Adelaide Street East, Suite 200, Toronto, Ontari o CANADA M5C 2T6 Tel.: (416) 868-9168 Fax: (416) 3 61-1333
TSX.V Symbol: ELO www.elororesources.com
Caution regarding Forward-Looking Information
Information in this news release may contain forwar d-looking information. Statements containing forwar d
looking information express, as at the date of this news release, the Corporation’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 Corporation. There can be no assurance that
statements of forward-looking information will prove to be accurate. Actual results and future events could
differ materially from those anticipated in such st atements. Readers should not place undue reliance o n
forward-looking information.
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.