VANCOUVER, BRITISH COLUMBIA–(Marketwire – July 27, 2011) – Oroco Resource Corp. (TSX VENTURE:OCO) (“Oroco” or “the Company”) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) of 4,250,000 units at a price of $0.28 per unit to raise gross proceeds of $1,190,000. Each unit consists of one common share and one-half of one non-transferable common share purchase warrant. Each whole share purchase warrant is exercisable for a period of fifteen months into one additional common share at a price of $0.42 per share.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
