Day: November 18, 2015

Oroco Resource Corp. announces that, further to its news release of September 28, 2015, it has agreed with Goldgroup Mining Inc. to extend until January 16, 2016 the deadline for Goldgroup to enter into a formal debt repayment agreement with the Company. Goldgroup will pay US$25,000 to the Company in consideration for the extension. Remaining in place is the $100,000 break fee payable by Goldgroup if the formal debt payment agreement is not signed by the agreed deadline. In a related transaction, the Company will sell the 3 million shares of Goldgroup that it had agreed to sell to persons introduced by Goldgroup at a price of $0.06. After completion of the sale, the Company will hold 14,125,000 Goldgroup shares.

At the Meeting, the shareholders approved all resolutions including a resolution for a proposed share consolidation. The Company may effect a consolidation of the issued and outstanding common shares of the Company on the basis that no more than every four issued and outstanding common shares without par value before consolidation be consolidated into one issued and outstanding common share without par value after consolidation. The Proposed Consolidation is subject to the acceptance by the TSX Venture Exchange and may be completed at any time before the Company’s next Annual General Meeting.

Evrim Resources Corp. announces a 15,000,000 unit non-brokered private placement at $0.12 per unit for gross proceeds of $1.8 million. Each Unit will consist of one common share and one non-transferable share purchase warrant. Each Warrant is exercisable into one common share at a price $0.25 for five years from the date of closing.