Oroco Resource Corp.
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Oroco Files Prospectus Supplement for Bought Deal Public Offering
Oroco Resource Corp. is raising approximately C$20 million through a bought-deal offering of units to advance its copper-gold project in Mexico. Each unit includes a share and a warrant. Canaccord Genuity Corp. is leading the syndicate of underwriters. The funds will support exploration and development at the Santo Tomas Project, aiming to unlock its potential. This financing involves potential dilution for existing shareholders but offers future upside through warrants.
