Oroco Announces Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, Canada, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or the “Company”) is pleased to announce a non-brokered private placement (the “Offering”) of up to 18,000,000 units of the Company (each, a “Unit”) at a price of US$0.20 (approximately CDN$0.276) per Unit for gross proceeds of up to US$3,600,000.

Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one half common share purchase warrant (the “Warrant”).  Each whole Warrant shall entitle the holder to purchase one common share of the Company (each, a “Warrant Share”) at a price of US$0.30 at any time on or before that date which is 24 months after the issue date of the Unit.

The Company is also pleased to announce that Faysal Rodriguez, who recently joined the Company’s board of directors, has agreed participate in the Offering for 5,000,0000 Units for proceeds of US$1,000,000. 

The Company intends to use the proceeds from the Offering for the advancement of the Santo Tomás Project located in Sinaloa and Chihuahua States, Mexico as well as working capital and other general corporate purposes.   

The closing of the Offering is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange (the “TSX-V”). Finder’s fees will be payable in accordance with the policies of the TSX-V.  The securities issued under the Offering will be subject to a hold period ending on the date that is four months plus one day following the date of issue,in accordance with applicable securities laws. 

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933 (the "U.S. Securities Act"), as amended, or any state securities laws, and accordingly, may not be offered or sold within the United States or to US persons except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.