Eloro Resources Announces Closing of Previously Announced Private Placement

TORONTO, ONTARIO--(Marketwire - Oct. 21, 2011) - Eloro Resources Ltd. (TSX VENTURE:ELO)(FRANKFURT:P2Q) ("Eloro" or the "Company") is pleased to announce that it has closed the previously announced private placement of flow-through units (see Eloro news release dated September 1, 2011)....