VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 19, 2011) – Oroco Resource Corp. (TSX VENTURE:OCO) (“Oroco” or “the Company”) announces that it has entered into a loan agreement with ATM Mining Corp. (“ATM”), a related party to the Company, in consideration for which ATM has granted the Company exclusive rights to complete a potential transaction with ATM (the “Transaction”). The loan, in the amount of $255,000, bears interest at the rate of prime plus 1%, and is secured by a pledge of security comprised of a promissory note payable on demand with 30 days notice and a pledge of 1,200,000 common shares of the Company held by ATM and an affiliate.