OROCO ANNOUNCES PRIVATE PLACEMENT

Core Points - Oroco Resource Corp. announced a non-brokered private placement of up to 5,000,000 units at a price of C$0.30 per unit, aiming for gross proceeds of up to C$1,500,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.45 within 36 months [2] - Proceeds from the offering will be used for the advancement of the Santo Tomás Project in Mexico, as well as for working capital and general corporate purposes [3] Regulatory and Compliance - The closing of the offering is subject to necessary regulatory approvals, including from the TSX Venture Exchange [4] - Securities issued will be subject to a hold period of four months plus one day following the issue date [4] - The securities have not been registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without compliance [5] Company Overview - Oroco holds an 85.5% interest in the Core Concessions of the Santo Tomás Project, covering 1,173 hectares, and an 80% interest in an additional 7,861 hectares [6] - The project is located in northwestern Mexico and has significant copper porphyry mineralization, with over 100 drill holes tested between 1968 and 1994 [6] - A drill program initiated in 2021 resulted in 48,481 meters drilled across 76 diamond drill holes [6][7] Project Details - The Santo Tomás Project is situated 170 km from the Pacific deep-water port at Topolobampo and is accessible via highway and rail [8] - The property includes a 32 km access road originally built for Goldcorp's El Sauzal Mine [8]