Eloro Resources Retains European Investor Relations Firm
Eloro Resources Ltd. announced that it has retained Profinnotiv AG (“Profinnotiv”) to provide Eloro with investor and public relations services in the European market. Eloro has a significant shareholder base in Europe and a listing of the Frankfurt Stock Exchange, and it is anticipated that Profinnotiv will leverage their extensive relationships within the professional investment community to expand the Company’s profile and communicate with Eloro’s current and future shareholders.
Profinnotiv and the Company entered into a 12 month contracting agreement that provides for Profinnotiv to be the Company’s point of contact in Europe. Profinnotiv and its affiliates are at arm’s length to the Company. The Company will pay Profinnotiv a fee of CAD$75,000 for the 12 month period.