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Oroco Announces Bought Deal Financing Led by Canaccord Genuity - Oroco Resource (OTC:ORRCF)
- Oroco Resource Corp. has entered into an agreement with Canaccord Genuity Corp. for a bought deal financing, purchasing 39,474,000 units at C$0.38 each for approximately C$15.0 million in gross proceeds.
- Each unit consists of one common share and one-half of a common share purchase warrant. The Underwriters have an over-allotment option for an additional 5,921,100 units.
- The offering's proceeds will fund drilling for the Pre-Feasibility Study at the Santo Tomás copper project and advance environmental work.
- Closing is expected on or about January 14, 2026, pending regulatory approvals.
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Oroco Announces Bought Deal Financing Led by Canaccord Genuity - Oroco Resource (OTC:ORRCF)
VANCOUVER, British Columbia, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSXV:OCO, OTCQB:ORRCF) (the "Company" or "Oroco") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. ("Canaccord Genuity"), as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (together, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 39,…
·New York, United States
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Coverage Details
Total News Sources11
Leaning Left5Leaning Right2Center2Last UpdatedBias Distribution56% Left
Bias Distribution
- 56% of the sources lean Left
56% Left
L 56%
C 22%
R 22%
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