Oroco Resources Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as lead agent and sole bookrunner on behalf of a syndicate of agents in connection with a best efforts, private placement for gross proceeds of C$6,000,000 from the sale of 13,333,333 units of the Company at a price of C$0.45 per Unit. Each Unit will consist of one common share of the Company and one half of one common share purchase warrant . Each Warrant shall entitle the holder to purchase one common share of the Company at a price of C$0.65 at any time on or before that date which is 24 months after the closing date of the Offering. The Agents will have an option, exercisable in full or in part, up to 48 hours prior to the closing of the Offering, to se... [...]
Oroco Resource Corp. announces that pursuant to the Company's Stock Option Plan and subject to approval by the TSX Venture Exchange, it has granted a total of 6,235,000 incentive stock options to 33 directors, officers, employees and consultants of the Company at an exercise price of $0.75 per share, with a term of 3 years. Of that total option grant, 3,075,000 incentive options have been granted to officers and directors [...]
Oroco Resource Corp. is pleased to announce the closing of a non-brokered 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. Commenting on the Private [...]
Oroco Resource is pleased to announce the closing of a non-brokered private placement raising gross proceeds of $1,454,302.80 through the sale of 3,635,757 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. ATM Mining, a company [...]
Oroco Resource is pleased to announce a non-brokered private placement to raise gross proceeds of up to $1,000,000 through the issuance of up to 2,500,000 units at a price of $0.40 per Unit. Each Unit is comprised of one common share in the equity of the Company and one share purchase warrant entitling the holder to acquire one additional Share for $0.65 for a period of 18 months from the closing date. The Company intends [...]
In this segment of The Ellis Martin Report, Oroco Resource Corp.'s Adam Smith discusses the contributing factors responsible for the copper market and equities in 2023 with positive overview of what may lead us into a potential boom in 2024. To Listen to the Interview, please visit: https://www.abnnewswire.net/lnk/3S0J5WN9 About Oroco Resource Corp: Oroco Resource Corp. , founded in 2006, is a Canadian mineral exploration [...]
Oroco Resource is pleased to announce a non-brokered private placement to raise gross proceeds of up to $2,500,000 through the issuance of up to 6,250,000 units at a price of $0.40 per Unit. Each Unit is comprised of one common share in the equity of the Company and one share purchase warrant entitling the holder to acquire one additional Share for a period of 18 months from the closing date for $0.65. The Company intends [...]
In this segment of The Ellis Martin Report we speak with co-founder Adam Smith of Oroco Resource Corp. as the company reports a $2.3 Billion Pre-Tax NPV in PEA for the Santo Tomas Copper Project in Mexico. Cantor Fitzgerald Issues a BUY rating for the company in their recent research report. To Listen to the Interview, please visit: https://www.abnnewswire.net/lnk/0N0C2H70 About Oroco Resource Corp: [...]
Pre-Tax NPV of US$2.3 Billion, After-Tax NPV of US$1.2 Billion Pre-Tax IRR of 23.0% After-Tax IRR of 17.3% Average annual copper production of 292 M lb per year over first 5 years of full production VANCOUVER, British Columbia, Oct. 17, 2023 -- Oroco Resource Corp.. is pleased to announce a Preliminary Economic Assessment and updated Mineral Resource Estimate for the North Zone and South Zone of its Santo Tomas Porphyry [...]
In this segment of The Ellis Martin Report we catch up with co-founder Adam Smith of Oroco Resource Corp. as he travels the through Europe meeting with investors and those interested in the company's over 8 billion pound Santo Tomas Copper Project in Mexico. The case for copper continues to build on the ground and in the press as the global rush to electrification continues. To WATCH the Interview, please visit [...]
In this segment of The Ellis Martin Report, Adam Smith of Oroco Resource Corp. reviews the broad forecast for the coming copper crunch as copper remains and will always be the means of electricity transmission in a world refocusing on clean energy and retrofitting the grid. Along with mandates for conversion to EVs from ICE automobiles etc. Mr. Smith references and quotes The NY Times article: "The Clean Energy Future is [...]
Oroco Resource is pleased to announce that it has closed a fully subscribed non-brokered private placement raising gross proceeds of $1,750,000 through the sale of 2,692,308 units at a price of $0.65 per unit. Each unit consists of one share and one share purchase warrant. Each share purchase warrant entitles the holder to purchase one share for a period of 24 months from closing at a price of $0.90 per share. The shares [...]
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