Oroco files prospectus for C$20 million public offering
Oroco Resource Corp. (TSXV: OCO) (OTCQB: ORRCF) filed a prospectus supplement dated January 9, 2026, to qualify the distribution of 52,631,600 units at C$0.38 per unit in a bought deal public offering for gross proceeds of approximately C$20.0 million.
Each unit comprises one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share at an exercise price of C$0.53 for 36 months from the closing date.
Canaccord Genuity Corp. leads the underwriter syndicate for the offering. The company granted underwriters an option to purchase up to an additional 7,894,740 units on the same terms, exercisable within 30 days following closing.
The offering is expected to close on or about January 14, 2026, subject to regulatory approval, including that of the TSX Venture Exchange. The prospectus supplement and base shelf prospectus are accessible on SEDAR+ at www.sedarplus.ca.
Oroco holds a net 87% interest in 1,173 hectares of core concessions and an 80% interest in additional mineral concessions at the Santo Tomas Project in northwestern Mexico. The company published a revised mineral resource estimate and updated preliminary economic assessment in August 2024.
The securities have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or applicable exemption from registration requirements.
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