Eloro Resources Ltd.
TSX VENTURE : ELO

Eloro Resources Ltd.

June 24, 2008 12:33 ET

Eloro Grants Stock Options

TORONTO, ONTARIO--(Marketwire - June 24, 2008) - ELORO RESOURCES LTD. ("Eloro" or the "Company") (TSX VENTURE:ELO) announces that it has granted 1,600,000 stock options to directors, officers, and consultants to acquire up to 1,600,000 common shares of the Company (the "Stock Options"). Each Stock Option entitles the holder thereof to acquire one (1) common share of the Company at an exercise price of $0.37 per common share prior to the close of business on June 24, 2013.

Any statements made in this news release that are not historical facts are forward-looking statements, and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Eloro Resources Ltd.
    Thomas G. Larsen
    President and CEO
    (416) 868-9168
    (416) 361-1333 (FAX)
    or
    Eloro Resources Ltd.
    Jorge Estepa
    Vice-President
    (416) 868-9168
    (416) 361-1333 (FAX)
    Website: www.elororesources.com