OROCO CLOSES FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

VANCOUVER, Canada, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce the closing of the second tranche of its non-brokered private placement, issuing an additional 2,500,000 units at a price of US$0.20 per unit, for gross proceeds of US$500,000.00.  Each unit consists of one common share and one-half common share purchase warrant.  Each whole warrant entitles the holder to purchase one share of the Company for US$0.30 for a period of 24 months from closing.  Together with the first tranche, the Company has issued an aggregate of 10,154,995 units for gross proceeds of US$2,030,999.

Commenting on the private placement, Oroco Chairman Craig Dalziel stated, “It is important for Oroco supporters to understand that this financing is only the first step in an overall funding initiative intended to support the commencement of the Phase 2 drill program at Santo Tomas in early 2026.  This funding stage was intentionally limited to a handful of local Mexican investors who the company sees as integral to the project’s advancement.  We sincerely appreciate the local interest that their investment represents.”

The proceeds will be used to advance the Santo Tomas Project towards its planned Pre-Feasibility Study and for general corporate purposes. The closing is carried out pursuant to prospectus exemptions of applicable securities law and is subject to final acceptance by the TSX Venture Exchange.  The Shares, and any shares issued on the exercise of Warrants, are subject to a hold period expiring on March 14, 2026.

ABOUT OROCO:

The Company holds a net 85.5% interest in those central concessions that comprise 1,173 hectares “the Core Concessions” of The Santo Tomas Project, located in northwestern Mexico. The Company also holds an 80% interest in an additional 7,861 hectares of mineral concessions surrounding and adjacent to the Core Concessions (for a total Project area of 9,034 hectares, or 22,324 acres). The Project is situated within the Santo Tomas District, which extends up to the Jinchuan Group’s Bahuerachi Project, approximately 14 km to the northeast. The Project hosts significant copper porphyry mineralization initially defined by prior exploration spanning the period from 1968 to 1994. During that time, the Project area was tested by over 100 diamond and reverse circulation drill holes, totaling approximately 30,000 meters. Commencing in 2021, Oroco conducted a drill program (Phase 1) at Santo Tomas, with a resulting total of 48,481 meters drilled in 76 diamond drill holes.