Off-market insider buying at Oroco Resource (OCO)

Off-market insider buying at Oroco Resource (V:OCO)

Richard Philip Lock, CEO and Director, acquired 600,000 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on November 30th, 2023. The insider also acquired 60,000 Warrants with an exercise price of $0.650 for 18 months. This represents a $240,000 investment into the company's shares and an account share holdings change of greater than 100%.

Oroco Resource is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Oroco Resource Corp. is a Canada-based exploration-stage company. The Company is engaged in the acquisition and exploration of mineral properties in Mexico. Its projects include Santo Tomas, Xochipala and Salvador. The Company holds a net 85.5% interest in those central concessions which comprise approximately 1,172.9 hectares in the Santo Tomas Project, located in northwestern Mexico. The Company also holds an 80% interest in an additional 7,861.3 hectares of mineral concessions surrounding and adjacent to the Core Concessions (for a total project area of 9,034.2 hectares, or 22,324.4 acres). The Santo Tomas Project is situated within the Santo Tomas District, which extends up to the Jinchuan Groups Bahuerachi Project, approximately 14 kilometers (km) to the northeast. The Xochipala Property, located in Guerrero State, Mexico, comprises the contiguous 100% owned Celia Gene and Celia Generosa concessions. The Salvador Property is a mining concession in Guerero State.