Mr. Jorge Estepa reports

ELORO RESOURCES GRANTS STOCK OPTIONS

Eloro Resources Ltd. has granted options to directors, officers and consultants to purchase 1.15 million common shares of Eloro, exercisable at 10 cents per share at any time on or before Jan. 29, 2020. The grants are subject to TSX Venture Exchange acceptance, and were made in accordance with and subject to the terms of Eloro's stock option plan. In accordance with securities regulatory requirements, any shares issued pursuant to the exercise of such options will be subject to a resale restriction for a period of four months from the date of the grant.

We seek Safe Harbor.