Oroco Resource Corp. Announces Closing of Private Placement
Oroco Resource Corp. is pleased to announce that it has closed its non-brokered private placement with a second tranche of 300,000 units at a price of $0.20 per unit for proceeds of $60,000. Each unit consists of one common share and one-half of one non-transferable common share purchase warrant. Each whole share purchase warrant is exercisable for a period of eighteen months into one additional common share at a price of $0.35 per share.