Eloro Resources Ltd

Published : September 20th, 2007

Retains AGORACOM to Provide Online Investor Relations and Social Network for Shareho

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Keywords :   Canada | Copper | Gold | K Street | Market | Nickel | Silver | Transparency | Uranium | Zinc |
Eloro Resources Ltd.             PRESS RELEASE

Eloro Resources Retains AGORACOM To Provide Online Investor Relations and Social Network For Shareholders

 

eloro logo minTORONTO, September 20, 2007 - Eloro Resources Ltd. (ELO: TSX-V) ("Eloro" or the "Company") is pleased to announce it has retained the services of AGORACOM Investor Relations ("AGORACOM") (http://www.agoracom.com) to provide online investor relations services, a Web 2.0 social network for current shareholders and Tier-1 awareness through the world's biggest websites for the purpose of attracting new shareholders.

 

ONLINE INVESTOR RELATIONS MAXIMIZES SPEED, TRANSPARENCY AND ACCESS TO COMPANY

 

In response to overwhelming data representing the online research and communications habits of small-cap investors, Eloro has turned the primary focus of its investor relations to the web via the AGORACOM system to facilitate faster, better and more accessible communications with both current and prospective shareholders around the world.

 

Effective October 3rd, a customized and monitored Eloro IR HUB will allow both the Company and AGORACOM to communicate with all investors simultaneously, anytime and in near real-time.  The new IR HUB will also provide management with an ability to extend communications beyond text via audio messages, video presentations, webcasts and podcasts.  In addition to traditional e-mail, investors will also have the ability to receive all communications via RSS feed.    

 

LAUNCH OF  ELORO RESOURCES COMMUNITY

 

The Eloro IR HUB propels the Company into the forefront of Web 2.0 community building by providing investors with two very important functions. First, a monitored discussion forum for the purposes of constructive and high-quality discussion amongst investors that is free of spam, profanity and misinformation.  Second, a social network that provides investors with the ability to create extensive profiles that include photos, bios, video messages to fellow investors, a rating system and other important items to create a closer bond between shareholders. 

 

TIER-1 EXPOSURE AND AWARENESS

 

As an exclusive provider of "Small-Cap Centres - Powered by AGORACOM" to Yahoo Finance Canada, AOL Finance Canada and every Blackberry device on the planet, AGORACOM will provide Tier-1 financial coverage of all newsworthy Eloro press releases for the purposes of attracting new and prospective shareholders.

 

Eloro President and CEO, Thomas Larsen, stated, "I believe the time has now come to significantly increase our communications with both existing shareholders and the massive online small-cap community of investors that are searching for their next great investment.  I strongly encourage our shareholders to take advantage of our new online IR system, which demonstrates we are a fully accessible organization with a great story to tell." 

 

The terms of the agreement are as follows: i) the duration is 12 months with $2,000 monthly cash compensation; and ii) subject to all required regulatory approval, AGORACOM is to receive 250,000 Eloro stock options, entitling AGORACOM to purchase 250,000 shares of Eloro at $0..45 per share prior to the close of business on September 19, 2012. The agreement has been negotiated entirely at arm's length. AGORACOM is located in Toronto, Ontario.

 

ABOUT AGORACOM

 

AGORACOM Investor Relations (http://www.AgoracomIR.com) is North America's largest online investor relations firm for small-cap companies.  We have partnered with the world's biggest internet companies, including Yahoo, AOL, Google and Blackberry to market our clients to a massive audience of new small-cap investors.  We have served over 200 companies since 1997.

 

AGORACOM Investor Relations has displaced the telephone and e-mail as primary IR communications devices.  Our IR HUB delivers two-way investor relations in near real-time that is 24/7/365 accessible to shareholders around the world and goes far beyond text by offering both audio and video communications. 

 

AGORACOM (http://www.Agoracom.com) is North America's only small-cap community built to serve the needs of serious small-cap and micro-cap investors. No rumours, profanity, stock bashing or hyping.  Our traffic ranking is above the top 1% of all websites around the world.

About Eloro Resources Ltd.

 

Eloro is a junior exploration company focused on discovering and developing precious and base metal quality resources in the James Bay and OtishBasin districts of northern Quebec, and the Timmins Camp of northern Ontario. Eloro currently has eleven gold-copper-silver properties (807 claims) covering 410 km2 in the La Grande and Eastmain Greenstone Belts, proximal to Goldcorp's Eleonore Gold Prospect. Eloro also has an option to earn a 50% interest in 31 claims held by Virginia Mines Inc. Additionally, Eloro now owns 90 km2 of prospective uranium holdings in 10 properties (175 claims). The Timmins area holdings now include both the prospective Silver-Zinc-Gold Hurdman Property, and the 30 km2 McArthur Lake Nickel Property.

 

 


For further information please contact:
Thomas G. Larsen, President and CEO or Jorge Estepa, Vice President
(416) 868-9168 (tel) or (416) 361-1333 (fax)
 
Further information is available on the Company's website at www.elororesources.com
 

 

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings what are available at www.sedar.com.

 
ELO - TSX Venture Exchange

52 week high/low:  $1.05 - $0.34

Shares Outstanding:  43,738,888

This email was sent to .com, by info@elororesources.com
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Eloro Resources Ltd.. | 55 Adelaide Street East | Suite 410 | Toronto | M5C 1K6 | Canada
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Eloro Resources Ltd

EXPLORATION STAGE
CODE : ELO.V
ISIN : CA2899002018
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Eloro Res. is a gold and copper exploration company based in Canada.

Eloro Res. holds various exploration projects in Canada.

Its main exploration properties are HURDMAN, SIMKAR, JAMES BAY URANIUM, LEMOYNE NORTH and SUMMIT-GABBRE in Canada.

Eloro Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 117.0 millions as of today (US$ 93.6 millions, € 82.0 millions).

Its stock quote reached its highest recent level on March 26, 2010 at CA$ 8.80, and its lowest recent point on November 07, 2014 at CA$ 0.04.

Eloro Res. has 31 040 000 shares outstanding.

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