Oroco files prospectus supplement for units

Executive Summary

• Oroco Resource Corp. has filed a prospectus supplement to qualify a bought deal public offering of 52,631,600 units at a price of $0.38 per unit, generating approximately $20.0 million in gross proceeds.
• Each unit consists of one common share and one-half of one common share purchase warrant, with warrants exercisable at $0.53 per share for 36 months.
• The offering is led by Canaccord Genuity Corp., with a closing expected on or about January 14, 2026, subject to regulatory approval.

Key Details

• Offering Structure: Bought deal public offering of 52,631,600 units.
• Price: $0.38 per unit.
• Gross Proceeds: Approximately $20.0 million.
• Unit Composition: Each unit comprises one common share and one-half of one common share purchase warrant.
• Warrant Terms: Each warrant entitles the holder to acquire one additional common share at an exercise price of $0.53. Warrants are exercisable for a period of 36 months from the closing date.
• Underwriters: Syndicate led by Canaccord Genuity Corp.
• Over-Allotment Option: Underwriters have an option to purchase up to an additional 7,894,740 units on the same terms, exercisable within 30 days following closing.
• Closing Date: Expected on or about January 14, 2026, subject to regulatory approval (including TSX Venture Exchange).
• Regulatory Filings: Prospectus supplement dated Jan. 9, 2026, filed in connection with the base shelf prospectus dated April 23, 2025.