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Oroco Resource Corp. Amends Private Placement to Raise C$1.5 Million

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Oroco Resource Corp. Amends Private Placement to Raise C$1.5 Million

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Oroco Resource ( (TSE:OCO) ) just unveiled an announcement.

Oroco Resource Corp. has amended the terms of a previously announced private placement to raise up to C$1.5 million through the sale of up to 6,000,000 units, each consisting of one common share and one warrant. The proceeds from this offering will be used to advance the Santo Tomás Project in Mexico and for general corporate purposes. The offering is contingent upon necessary regulatory approvals, including those from the TSX Venture Exchange.

More about Oroco Resource

Oroco Resource Corp. is involved in the mining industry, focusing on mineral concessions. The company holds a significant interest in the Santo Tomás Project in northwestern Mexico, indicating its market focus on mining operations in this region.

YTD Price Performance: 0.0%

Average Trading Volume: 132,517

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$68.11M

See more data about OCO stock on TipRanks’ Stock Analysis page.

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