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OROCO ISSUES INCENTIVE OPTIONS
OROCO ISSUES INCENTIVE OPTIONS
Vancouver, Canada, May 03, 2022 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) ("Oroco" or "the Company") announces that pursuant to the Company's Stock Option Plan and subject to approval by the TSX Venture Exchange, the Company has issued a total of 6,850,000 incentive stock options at an exercise price of $2.05 per share with a term of three years. Of that total, 3,425,000 incentive options have been issued to officers and directors of the Company. In addition, the Company is cancelling 4,475,000 incentive options, leaving the Company with 11,757,000 incentive options issued and outstanding, that being 57% of the number allowed by TSX-V policies and the Company's Stock Option Plan.
ABOUT OROCO:
The Company holds a net 73.2% interest in the collective 1,172.9 ha Core Concessions of the Santo Tomas Project in NW Mexico and may increase that majority interest up to an 85.5% interest with a project investment of up to CAD$30 million. The Company also holds a 77.5% interest in 7,807.9 ha of mineral concessions surrounding and adjacent to the Core Concessions (for a total project area of 22,192 acres). The Project is situated within the Santo Tomas District, which extends from Santo Tomas up to the Jinchuan Group's Bahuerachi project, approximately 14 km to the northeast. Santo Tomas hosts a significant copper porphyry deposit defined by prior exploration spanning the period from 1968 to 1994. During that time, the property was tested by over 100 diamond and reverse circulation drill holes, totalling approximately 30,000 meters. Based on data generated by these drill programs, a historical Prefeasibility Study was completed by Bateman Engineering Inc. in 1994.
The Santo Tomas Project is located within 160 km of the Pacific deep-water port at Topolobampo and is serviced via highway and proximal rail (and parallel corridors of trunk grid power lines and natural gas) through the city of Los Mochis to the northern city of Choix. The property is reached by a 32 km access road originally built to service Goldcorp's El Sauzal Mine in Chihuahua State.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
CONTACT: Mr. Craig Dalziel, Executive Chairman Oroco Resource Corp. (604) 688-6200 info@orocoresourcecorp.com
Vancouver, Canada, May 03, 2022 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) ("Oroco" or "the Company") announces that pursuant to the Company's Stock Option Plan and subject to approval by the TSX Venture Exchange, the Company has issued a total of 6,850,000 incentive stock options at an exercise price of $2.05 per share with a term of three years. Of that total, 3,425,000 incentive options have been issued to officers and directors of the Company. In addition, the Company is cancelling 4,475,000 incentive options, leaving the Company with 11,757,000 incentive options issued and outstanding, that being 57% of the number allowed by TSX-V policies and the Company's Stock Option Plan.
加拿大温哥華，2022年5月3日(環球社)--Oroco資源公司(Oroco Resources Corp.)(多倫多證券交易所-V：OCO，OTC：ORRCF) (“Oroco”或“The Company”)宣佈，根據公司的股票期權計劃並經多倫多證券交易所創業板批准，公司已發行總計6,850,000份激勵性股票期權，行權價為每股2.05美元，為期三年。其中，向公司高管和董事發放了3,425,000份激勵期權。此外，公司將取消4,475,000份獎勵期權，使公司剩下11,757,000份已發行和未償還的獎勵期權，這是多倫多證交所-V政策和公司股票期權計劃允許數量的57%。
ABOUT OROCO:
關於Oroco：
The Company holds a net 73.2% interest in the collective 1,172.9 ha Core Concessions of the Santo Tomas Project in NW Mexico and may increase that majority interest up to an 85.5% interest with a project investment of up to CAD$30 million. The Company also holds a 77.5% interest in 7,807.9 ha of mineral concessions surrounding and adjacent to the Core Concessions (for a total project area of 22,192 acres). The Project is situated within the Santo Tomas District, which extends from Santo Tomas up to the Jinchuan Group's Bahuerachi project, approximately 14 km to the northeast. Santo Tomas hosts a significant copper porphyry deposit defined by prior exploration spanning the period from 1968 to 1994. During that time, the property was tested by over 100 diamond and reverse circulation drill holes, totalling approximately 30,000 meters. Based on data generated by these drill programs, a historical Prefeasibility Study was completed by Bateman Engineering Inc. in 1994.
本公司於墨西哥西北部Santo Tomas項目合共1,172.9公頃核心特許權中淨持有73.2%權益，並可能將該多數權益增加至85.5%權益，項目投資高達3,000萬加元。本公司亦持有核心特許權周圍及毗鄰的7,807.9公頃礦產特許權的77.5%權益(項目總面積22,192英畝)。該項目位於聖託馬斯區內，從聖託馬斯區一直延伸到金川集團的Bahuerachi項目，向東北方向大約14公里。聖託馬斯擁有一個重要的銅斑巖礦牀，這是從1968年到1994年期間的先前勘探確定的。在此期間，對該財產進行了100多個鑽石鑽孔和反循環鑽孔測試，總共約30,000米。基於這些鑽探計劃產生的數據，貝特曼工程公司於1994年完成了一項歷史預可行性研究。
The Santo Tomas Project is located within 160 km of the Pacific deep-water port at Topolobampo and is serviced via highway and proximal rail (and parallel corridors of trunk grid power lines and natural gas) through the city of Los Mochis to the northern city of Choix. The property is reached by a 32 km access road originally built to service Goldcorp's El Sauzal Mine in Chihuahua State.
聖託馬斯項目位於託波羅班波太平洋深水港160公里範圍內，通過駭維金屬加工和近端鐵路(以及幹線電網、輸電線和天然氣的平行走廊)通過洛斯莫奇斯市至北部城市喬伊市提供服務。該地產由一條32公里長的通道到達，該通道最初是為了服務於Goldcorp位於奇瓦瓦州的El Sauzal礦而修建的。
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
多倫多證券交易所風險交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
CONTACT: Mr. Craig Dalziel, Executive Chairman Oroco Resource Corp. (604) 688-6200 info@orocoresourcecorp.com
聯繫人：Oroco資源公司執行主席克雷格·達爾齊爾先生電話：(604)688-6200
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國，moomoo上的投資產品和服務由Moomoo Financial Inc.提供，一家受美國證券交易委員會（SEC）監管的持牌主體。 Moomoo Financial Inc.是金融業監管局（FINRA）和證券投資者保護公司（SIPC）的成員。
在新加坡，moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供，該公司受新加坡金融管理局（MAS）監管(牌照號碼︰CMS101000) ，持有資本市場服務牌照 (CMS) ，持有財務顧問豁免（Exempt Financial Adviser）資質。本內容未經新加坡金融管理局的審查。
在澳大利亞，moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供，該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構（AFSL No. 224663）。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件，這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大，透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供，並受加拿大投資監管機構（CIRO）監管。
在馬來西亞，moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供，該公司受馬來西亞證券監督委員會（SC）監管(牌照號碼︰eCMSL/A0397/2024) ，持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
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