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Oroco Resource Corp(OCO-X)
TSX Venture

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OROCO ANNOUNCES INCREASE IN PRIVATE PLACEMENT

Globe Newswire - Fri Mar 18, 4:20PM CDT

Vancouver, Canada, March 18, 2022 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce that due to investor demand, and further to its news release of March 10, 2022, it is increasing its non-brokered private placement from 8,000,000 units to 10,500,000 units at a price of 1.70 per unit.  Each Unit will consist of one common share of the Company and one share purchase warrant (each, a “Warrant”), with each Warrant entitling the holder thereof to purchase one common share of the Company at a price of $2.40 for a period of 24 months from the closing of the Offering.

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