OROCO ANNOUNCES PRIVATE PLACEMENT

November 20, 2023

Vancouver, Canada, Nov. 20, 2023 (GLOBE NEWSWIRE) — Oroco Resource Corporation. (“Oroco” or the “Company”) (TSXV: OCO; OTCQB:ORRCF, BF: OR6) is pleased to announce a non-brokered private placement to raise gross proceeds of up to $2,500,000 (the “Private Placement“) through the issuance of up to 6,250,000 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 a period of 18 months from the closing date for $0.65.

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