TORONTO, ONTARIO--(Marketwired - Aug. 15, 2016) - Eloro Resources Ltd. (TSX VENTURE:ELO) (FRANKFURT:P2Q) ("Eloro" or the "Corporation") is pleased to announce that it is proceeding with a non-brokered private placement (the "Private Placement") of up to 1,800,000 units of Eloro at a price of $0.30 per unit ("Units") for proceeds of up to $540,000.
