OROCO RESOURCE CORP. PROVIDES FINANCING UPDATE

VANCOUVER, Canada, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTCQB: ORRCF) confirms that the non-brokered private placement financing, announced on September 25, 2025, is proceeding as planned and will be completed within the necessary regulatory timeframe.  The Offering is for up to 18,000,000 Units at a price of US$0.20 per Unit (for aggregate gross proceeds of up to US$3.6 million, with an anticipated minimum of US$2.0 million).  Each Unit consists of one common share (a “Unit Share”) and one-half of one common share purchase warrant (the “Warrant”).  Each whole Warrant entitles the holder to purchase one common share at US$0.30 within 24 months of the Unit issue date.  This financing was arranged to accommodate investment interest from local parties who are seen to be strategic to the advancement of Oroco’s Santo Tomas Project, located in Northern Sinaloa, Mexico.

Read more at globenewswire.com