Group 1 - Eloro Resources Ltd. closed a "bought deal" private placement for gross proceeds of C$14,001,250, including full exercise of the over-allotment option [1] - The Offering involved the sale of 12,175,000 units at a price of C$1.15 per unit, with each unit consisting of one common share and one-half of a common share purchase warrant [1][2] - The net proceeds from the Offering will be used for exploration and development of the Iska Iska project in Bolivia, as well as for general corporate purposes and working capital [3] Group 2 - The Units were issued to Canadian purchasers under the listed issuer financing exemption, making the Unit Shares and Warrant Shares immediately tradeable under Canadian securities legislation [4] - Red Cloud Securities Inc. acted as the sole underwriter and received cash fees of C$980,087.50 and 852,250 non-transferable common share purchase warrants as compensation [5] - The securities offered have not been registered under the U.S. Securities Act and cannot be sold to U.S. persons without proper registration or exemptions [7] Group 3 - Eloro Resources is focused on exploration and mine development, with a portfolio that includes the Iska Iska Property in Bolivia, classified as a polymetallic epithermal-porphyry complex [8] - The Iska Iska project is road-accessible and royalty-free, and Eloro also holds an 82% interest in the La Victoria Gold/Silver Project in Peru [8]