Oroco CEO adds 600,000 shares

Oroco Resource nine-million-share private placement

2018-04-30 21:57 ET – Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 11, 2018, and April 16, 2018.

Number of shares: nine million shares

Purchase price: 10 cents per share

Warrants: 4.5 million share purchase warrants to purchase 4.5 million shares

Warrant exercise price: 16 cents for an 18-month period, subject to an acceleration clause

Number of placees: 26 placees

Insiders: ATM Mining Corp. (Craig Dalziel), 600,000; 677185 B.C. Ltd. (Steve Vanry), 200,000

Finder’s fee: Luis Zapata, $12,500 cash payable

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