Eloro Resources (TSE:ELO) has released an update.
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Eloro Resources has successfully closed a non-brokered private placement, raising $3.78 million through the sale of 4.2 million units. The proceeds will support the ongoing exploration and development of the Iska Iska project. Key investor Crescat Capital LLC led the investment, with participation from company insiders.
For further insights into TSE:ELO stock, check out TipRanks’ Stock Analysis page.