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Cartier Silver Corporation (CSE:CFE) (“Cartier Silver” or the “Company”) is pleased to announce that it is proceeding with a non-brokered private placement (the “Private Placement”) for proceeds of up to $1.5 million.
Eloro Resources Ltd. (TSX: ELO; FSE: P2QM) (“Eloro” or the “Company”) is pleased to announce the closing of its previously announced “bought deal” private placement (the “Offering”) for gross proceeds of C$14,001,250, which includes the exercise in full of the over-allotment option. Pursuant to the Offering, the Company sold 12,175,000 units of the Company (the “Units”) at a price of C$1.15 per Unit (the “Offering Price”). Red Cloud Securities Inc. (“Red Cloud”) acted as sole underwriter and bookrunner under the Offering.