OROCO ANNOUNCES UPSIZING OF PRIVATE PLACEMENT

VANCOUVER, Canada, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or the “Company”) is pleased to announce that, further to its news release dated February 12, 2025, it has received $2,303,555.75 in gross proceeds for its oversubscribed private placement of 9,214,223 units of the Company (the “Units”) at a price of $0.25 per Unit (the “Offering”). Each Unit is comprised of one common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”).  Each Warrant entitles the holder to purchase one Common Share at an exercise price of $0.40 for 24 months following the closing date of the Offering. The Offering is subject to the approval of the TSX Venture Exchange.

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