14:07:45 EDT Fri 09 May 2025
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Oroco Resource Corp
Symbol OCO
Shares Issued 252,479,808
Close 2025-04-28 C$ 0.36
Market Cap C$ 90,892,731
Recent Sedar Documents

Oroco files final prospectus for $75M in securities

2025-04-29 03:31 ET - News Release

Mr. Craig Dalziel reports

OROCO FILES SHELF PROSPECTUS

Oroco Resource Corp. has filed and obtained a receipt for a final short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada, excluding Quebec.

The prospectus allows the company to qualify the distribution of up to $75-million of common shares, warrants, subscription receipts, units, debt securities or any combination thereof during the 25-month period that the prospectus remains effective.

The prospectus is intended to provide the company with the flexibility to take advantage of financing opportunities and favourable market conditions. Should the company decide to offer securities under the prospectus, the specific terms, including the use of proceeds from such offering, will be set forth in one or more prospectus supplement(s) to the prospectus, which will be filed with the applicable securities regulatory authorities.

Access to the prospectus and any future amendments or prospectus supplement(s) thereto will be provided in accordance with securities legislation relating to procedures for providing access to a prospectus. The prospectus is now accessible on SEDAR+. The company will make any prospectus supplement(s) to the prospectus accessible on SEDAR+ and will issue a subsequent news release when such prospectus supplement is available. Alternatively, an electronic or paper copy of the prospectus, and any future amendments or prospectus supplement(s), may be obtained, without charge, from the company by e-mail at info@ororcoresourcecorp.com by providing the contact with an e-mail address or address, as applicable.

About Oroco Resource Corp.

The company holds a net 85.5-per-cent interest in those central concessions that comprise 1,173 hectares, the core concessions, of the Santo Tomas project, located in northwestern Mexico. The company also holds an 80-per-cent interest in an additional 7,861 hectares of mineral concessions surrounding and adjacent to the core concessions (for a total project area of 9,034 hectares, or 22,324 acres). The project is situated within the Santo Tomas district, which extends up to the Jinchuan group's Bahuerachi project, approximately 14 kilometres to the northeast. The project hosts significant copper porphyry mineralization initially defined by prior exploration spanning the period from 1968 to 1994. During that time, the project area was tested by over 100 diamond and reverse circulation drill holes, totalling approximately 30,000 metres. Commencing in 2021, Oroco conducted a drill program (phase 1) at Santo Tomas, with a resulting total of 48,481 metres drilled in 76 diamond drill holes.

The drilling and subsequent resource estimates and engineering studies led to a revised mineral resource estimate and an updated preliminary economic assessment being published and filed in August of 2024, which studies are available at the company's website and by reviewing the company profile on SEDAR+.

The Santo Tomas project is located within 170 km of the Pacific deepwater port at Topolobampo and is serviced by highway and proximal rail (and parallel corridors of trunk grid power lines and natural gas) through the city of Los Mochis to the northern city of Choix. The property is reached, in part, by a 32-kilometre access road originally built to service Goldcorp's El Sauzal mine in Chihuahua state.

We seek Safe Harbor.

© 2025 Canjex Publishing Ltd. All rights reserved.