OROCO ANNOUNCES PRIVATE PLACEMENT

Vancouver, Canada, Jan. 02, 2024 (GLOBE NEWSWIRE) — Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce a non-brokered private placement to raise gross proceeds of up to $1,000,000 (the “Private Placement“) through the issuance of up to 2,500,000 units (each a “Unit“) at a price of $0.40 per Unit.  Each Unit is comprised of one common share in the equity of the Company (each, a “Share”) 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.

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