- Eloro Resources saw its corporate listing upgraded to trade on the TSX exchange as of March 6, 2023
- The uplisting to the TSX main board provides the company with access to greater stock liquidity and increases its visibility amongst larger institutional investors
- The upgrade marks the latest feat for Eloro Resources, with the company having successfully completed a C$10.9mn capital raising in January
- Eloro Resources are aiming to publish their initial resource estimates for their Iska Iska project by the end of 1Q 2023
Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, recently revealed that the company had seen its corporate listing upgraded to trade on the TSX exchange from the TSX-V market as of Monday, March 6th, 2023. The upgrade to the TSX or Toronto Stock Exchange marks a significant milestone for Eloro Resources, enabling the company to access a broad array of new domestic and global investors which may have not previously been able to invest in the stock whilst simultaneously, opening up a new financing avenue for the firm.
The Toronto Stock Exchange (“TSX”) has long distinguished itself as the flagship Canadian stock market; however and typically, access to the market has been limited to well-established corporates boasting a market capitalization of over $50 million. On the other hand, the…
NOTE TO INVESTORS: The latest news and updates relating to ELRRF are available in the company’s newsroom at https://ibn.fm/ELRRF
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