Oroco Resource closes $15.48 million private placement
January 4, 2021
The proceeds of the Financing will be used to generally advance the Santo Tomas Project, including the environmental permits, expansion of the Company’s Definition drill program, which will include both additional infill and step-out drilling, preliminary engineering studies, and general corporate purposes. In addition, certain contingent legal costs relating to the acquisition of the core Santo Tomas concessions are to be paid.
