Eloro Resources Announces C$12,900,000 Bought Deal Financing

Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. to act as co-lead underwriter and sole bookrunner, and Cormark Securities Inc. to act as co-lead underwriter (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 3,440,000 units (the “Units”) at a price of C$3.75 per Unit (the “Issue Price”) for gross proceeds to the Company of C$12,900,000 (the “Offering”). read more

CBLT Acquires Shatford Lake Lithium Property

CBLT.v, gold

There are a lot of different ways for a company to make money in the junior mining space, for Peter Clausi, CEO of CBLT, it all comes down to acquiring prospective assets at good prices. So it was no surprise that CBLT announced February 8, 2021 that it was buying ground at Shatford Lake, located in the Winnipeg River-Cat Lake pegmatite field in eastern Manitoba near the Ontario border. read more