Oroco Files Prospectus Supplement in Connection with Bought Deal Public Offering

Executive Summary

• Oroco Resource Corp. filed a prospectus supplement to its base shelf prospectus to issue 52,631,600 units at C$0.38 per unit, targeting ≈ C$20.0 million in gross proceeds.
• Each unit consists of one common share and half of a common‑share purchase warrant (full warrant gives the right to buy an additional share at C$0.53 for 36 months).
• The offering is led by Canaccord Genuity Corp.; underwriters have an option to purchase up to 7,894,740 additional units within 30 days post‑closing.

Key Details

• Units Offered: 52,631,600
• Price per Unit: C$0.38
• Approximate Gross Proceeds: C$20.0 million
• Unit Composition:
• 1 common share
• ½ of a common‑share purchase warrant (full warrant = right to acquire one additional common share at C$0.53)
• Warrant Terms: Exercise price C$0.53; exercisable for 36 months from the closing date.
• Underwriter Syndicate: Led by Canaccord Genuity Corp.
• Underwriters’ Option: Up to 7,894,740 additional units on the same terms, exercisable any time within 30 days after the offering closes.
• Expected Closing Date: On or about January 14, 2026, subject to regulatory approvals (TSX Venture Exchange and other authorities).
• Regulatory Notes: Units are not registered under U.S. securities laws; cannot be offered/sold in the United States absent exemption/registration.

Notable Quotes

(No direct CEO/President quotes were included in the release.)