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OROCO COMPLETES FINAL CLOSING OF NON-BROKERED PRIVATE PLACEMENTS

Provided By GlobeNewswire

Last update: Feb 20, 2024

Vancouver, Canada, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce the closing of a non-brokered private placement (the “Private Placement”) raising net proceeds of $1,028,000 through the sale of 2,570,000 units at a price of $0.40 per unit.  Each unit consists of one share and one share purchase warrant.  Each share purchase warrant entitles the holder to purchase one share at the price of $0.65 per share for a period of 18 months from closing.

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