Business
Oroco Files Prospectus Supplement in Connection with Bought Deal Public Offering
Prospectus Supplement and Base Shelf Accessible on SEDAR+Vancouver, British Columbia--(Newsfile Corp. - January 10, 2026) - Oroco Resource Corp. (TSXV: OCO) (OTCQB: ORRCF) (the "Company" or "Oroco") announces that, in connection with its previously announced "bought deal" public offering, it has filed a prospectus supplement dated January 9, 2026 (the "Prospectus Supplement") to the Company's base shelf prospectus dated April 23, 2025 (the "Base Shelf" and together with the Prospectus...
About this update from Oroco Resources Corp.
[{"type":"text","content":"Prospectus Supplement and Base Shelf Accessible on SEDAR+","length":57,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 10, 2026) - Oroco Resource Corp. (TSXV: OCO) (OTCQB: ORRCF) (the "Company" or "Oroco") announces that, in connection with its previously announced "bought deal" public offering, it has filed a prospectus supplement dated January 9, 2026 (the "Prospectus Supplement") to the Company's base shelf prospectus dated April 23, 2025 (the "Base Shelf" and together with the Prospectus Supplement, the "Prospectus"), to qualify the distribution of 52,631,600 units of the Company (the "Units") at a price of C$0.38 per Unit (the "Offering"), for approximate gross proceeds of C$20.0 million.","length":722,"tagName":"p"},{"type":"text","content":"Each Unit will be comprised of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to acquire one additional Common Share at an exercise price of C$0.53 for a period of 36 months from the closing date of the Offering.","length":358,"tagName":"p"},{"type":"text","content":"The Offering is being conducted through a syndicate of underwriters led by Canaccord Genuity Corp. (collectively, the "Underwriters"). The Company has granted the Underwriters an option to purchase up to an additional 7,894,740 Units on the same terms and exercisable at any time up to 30 days following the closing of the Offering, the particulars of which are further described in the Prospectus Supplement.","length":419,"tagName":"p"},{"type":"text","content":"Closing of the Offering is expected on or about January 14, 2026, and is subject to regulatory approval, including that of the TSX Venture Exchange.","length":148,"tagName":"p"},{"type":"text","content":"Access to the Prospectus Supplement, the Base Shelf and any amendment is provided in Canada in accordance with securities legislation relating to procedures for providing access to a shelf prospectus supplement, a base shelf prospectus and any amendment to such documents. The Prospectus is accessible on SEDAR+ at www.sedarplus.ca. An e...