tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Oroco Resources Secures C$6 Million Private Placement

Oroco Resources Secures C$6 Million Private Placement

Oroco Resource (TSE:OCO) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Oroco Resources Corp. is set to raise C$6 million through a brokered private placement of over 13 million units, each comprising a share and half a warrant, with an option for agents to increase the offering for additional proceeds. This financing is aimed at furthering the Santo Tomás Project in Mexico, alongside general corporate purposes, with the offering expected to close by June 6, 2024, subject to regulatory approvals.

For further insights into TSE:OCO stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1