Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) has announced the voting results from its annual and general meeting held virtually on September 30, 2026. Shareholders representing 40.95% of issued and outstanding common shares — totalling 49,002,180 shares — participated in the meeting. All seven director nominees were elected and the company's auditors were reappointed, completing routine governance requirements for the Bolivia- and Peru-focused precious and base-metals explorer.

Key Points

  • Eloro Resources Ltd. (TSX: ELO) held its annual and general meeting virtually on September 30, 2026
  • All seven director nominees were elected with strong shareholder support, each receiving above 98% of votes cast in favour
  • 49,002,180 common shares, representing 40.95% of issued and outstanding shares, were represented at the meeting
  • Investors may be watching for operational updates from the company's Iska Iska polymetallic property in Bolivia and the La Victoria Gold/Silver Project in Peru

All Seven Eloro Director Nominees Elected with Strong Shareholder Backing

Each of the seven nominees received overwhelming shareholder support. Thomas Larsen led with 99.709% of votes in favour, followed closely by Alexander Horvath and Richard Stone at 99.708% each. Francis Sauve and Dusan Berka received 98.383% approval apiece, while Pablo Ordoñez and Caroline Cathcart received 99.592% and 99.580% respectively. The release states that no nominee received less than 98% support, reflecting broad shareholder alignment with the current board composition. The board size was formally set at seven directors, with directors authorised to determine the precise number by resolution.

RSM Canada LLP Reappointed as Eloro's Auditors for Another Year

Shareholders also voted in favour of reappointing RSM Canada LLP as the company's auditors, a standard annual governance item. The announcement does not disclose the vote percentages for the auditor reappointment resolution or the director-number-setting resolution beyond confirming both passed. The company filed a Report of Voting Results on September 30, 2026, in accordance with Section 11.3 of National Instrument 51-102. The immediate share price impact was not clear from available public information.

Eloro's Bolivian and Peruvian Asset Portfolio Remains the Investment Focus

Beyond governance, Eloro's investment case centres on its mineral assets. The company holds a 99% joint venture interest and a 100% economic participation interest in the Iska Iska Property in Bolivia's Potosi Department — classified as a polymetallic epithermal-porphyry complex. Eloro also holds an 82% interest in the La Victoria Gold/Silver Project in Peru's North-Central Mineral Belt, approximately 50 km south of the Lagunas Norte and La Arena gold mines. Both properties are in active exploration and development phases. The company did not disclose any operational updates alongside the meeting results announcement.