Oroco Resource ( (TSE:OCO) ) has issued an announcement.
Oroco Resource Corp. announced a non-brokered private placement aiming to raise up to C$1.5 million through the issuance of 5,000,000 units at C$0.30 per unit. The funds will primarily support the advancement of the Santo Tomás Project in Mexico and other corporate purposes, with regulatory approvals pending and Red Cloud Securities Inc. involved as a finder.
More about Oroco Resource
Oroco Resource Corp. is a company involved in the mining sector, specifically focusing on the development and advancement of mineral concessions. The company holds a significant interest in the Santo Tomás Project located in northwestern Mexico, covering both central and additional mineral concessions.
YTD Price Performance: 20.0%
Average Trading Volume: 107,562
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$80.28M
See more data about OCO stock on TipRanks’ Stock Analysis page.