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Published on 30 Sep 2024 • 2 minutes of reading
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TORONTO, September 30, 2024 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce that in connection with the annual and special meeting of the Company’s shareholders (the “Meeting”), to be held on or about September 30, 2024, and in accordance with the reporting requirements of the TSX, the following voting results were obtained.
A total of 32,499,132 ordinary shares representing 40.475% of the Company’s issued and outstanding ordinary shares were voted in connection with the Meeting. Shareholders voted to elect seven director nominees as follows:
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| NAME | VOTES FOR |
% FOR |
VOTES MIDDLE |
% MIDDLE |
| Thomas Larsen | 27,710,072 | 99,393 | 169,120 | 0.607 |
| Francis Sauve | 27,746,772 | 99,525 | 132,420 | 0.475 |
| Alexander Horvath | 27,746,772 | 99,525 | 132,420 | 0.475 |
| Dusan Berka | 27,747,072 | 99,526 | 132,120 | 0.474 |
| Richard Stone | 27,745,772 | 99,521 | 133,420 | 0.479 |
| Pablo Ordoñez | 27,740,923 | 99,504 | 138,269 | 0.496 |
| Caroline Cathcart | 27,721,872 | 99,436 | 157,320 | 0.564 |
The shareholders also voted for other business matters to be considered at the Meeting, which is to set the number of directors of the Company at seven, with the board of directors having the authority to determine the number of directors of the Company by resolution of the directors, the re-appointment of RSM Canada LLP as the auditor of the Company, and the issuance of certain common shares that in relation to debt agreements. According to Section 11.3 of National Instrument 51-102, the Company filed a “Voting Results Report” on September 30, 2024, according to the Company’s filing on SEDAR+ (www.sedarplus.ca).
Information about the company 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 acquire a 100% interest in the highly prospective Iska Iska project, which can be classified as a polymetallic epithermal-porphyry complex, an important type of mineral deposit in the Department of Potosi, in southern Bolivia. The new NI 43-101 Technical Report on Iska Iska, completed by Micon International Limited, is available on Eloro’s website and under file on SEDAR+. Iska Iska is a royalty-free property that can be accessed on the street. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in Peru’s North-Central Mineral Belt about 50 km south of the Lagunas Norte Gold Mine and La Arena Gold Mine.
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For more information contact either Thomas G. Larsen, Chairman and CEO or Jorge Estepa, Vice President at (416) 868-9168.
The information in this news release may contain forward-looking information. Statements containing forward-looking information state, as of the date of this news release, the Company’s plans, estimates, estimates, projections, expectations, or beliefs about future events or results and are reasonably believed to be based on information currently available to the Company. There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events may differ from those anticipated in these statements. Readers should not rely on forward-looking information.
Neither the TSX nor the Regulatory Service Providers (as those terms are defined in TSX policies) accept any liability for the adequacy or accuracy of this release.
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