* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, September 30, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    The Police Made Chart History With This 1979 Hit Nearly 50 Years Ago – Yahoo

    How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Jussie Smollett Claims He Was ‘Disrespected’ on the ‘Special Forces’ Season Premiere – Yahoo

    Jussie Smollett Opens Up About Feeling ‘Disrespected’ During the ‘Special Forces’ Season Premiere

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

    Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Four Strategic Signals Technology Leaders Are Tuning In To – SPONSOR CONTENT FROM ARM – Harvard Business Review

    Four Essential Strategic Signals Every Technology Leader Should Watch

    Virginia Tech hosts annual New Music + Technology Festival this week – Cardinal News

    Virginia Tech Kicks Off Exciting Annual New Music and Technology Festival This Week

    Why I gave the world wide web away for free | Tim Berners-Lee – The Guardian

    Why I Decided to Make the World Wide Web Free for Everyone | Tim Berners-Lee

    From shale to steam: Fossil fuel technology boosts clean geothermal energy – Washington Examiner

    From Shale to Steam: How Fossil Fuel Technology is Powering a Clean Geothermal Energy Revolution

    How Sustainable Technology is Shaping a Greener Future – Technology Magazine

    How Sustainable Technology is Driving the Revolution Toward a Greener Future

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    The Police Made Chart History With This 1979 Hit Nearly 50 Years Ago – Yahoo

    How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Jussie Smollett Claims He Was ‘Disrespected’ on the ‘Special Forces’ Season Premiere – Yahoo

    Jussie Smollett Opens Up About Feeling ‘Disrespected’ During the ‘Special Forces’ Season Premiere

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

    Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Four Strategic Signals Technology Leaders Are Tuning In To – SPONSOR CONTENT FROM ARM – Harvard Business Review

    Four Essential Strategic Signals Every Technology Leader Should Watch

    Virginia Tech hosts annual New Music + Technology Festival this week – Cardinal News

    Virginia Tech Kicks Off Exciting Annual New Music and Technology Festival This Week

    Why I gave the world wide web away for free | Tim Berners-Lee – The Guardian

    Why I Decided to Make the World Wide Web Free for Everyone | Tim Berners-Lee

    From shale to steam: Fossil fuel technology boosts clean geothermal energy – Washington Examiner

    From Shale to Steam: How Fossil Fuel Technology is Powering a Clean Geothermal Energy Revolution

    How Sustainable Technology is Shaping a Greener Future – Technology Magazine

    How Sustainable Technology is Driving the Revolution Toward a Greener Future

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Oroco raises $2.7 million from private placement, shares rise

December 4, 2023
in Business
Oroco raises $2.7 million from private placement, shares rise
Share on FacebookShare on Twitter

Oroco Resources Corp. [TSXV-OCO, OTC-ORRCF] said it has raised $2.7 million from a non-brokered private placement financing with proceeds earmarked for working capital, corporate overhead and development activities.

Oroco shares advanced on the news, rising 2.6% or $0.01 to 40 cents. The shares trade in a 52-week range of $1.10 and 36.5 cents.

News that the financing has closed comes after Oroco recently announced a preliminary economic assessment (PEA) and updated mineral resource estimate for the north and south zones at its Santo Tomas copper-molybdenum-gold project in northwest Mexico.

The private placement consisted of 6.72 million units priced at 40 cents per unit. Each unit consists of one share and one share purchase warrant, each of which entitles the holder to purchase one share for 65 cents for 18 months after the closing date.

ATM Mining Corp., a company controlled by a group of senior Oroco executives and directors, participated in the private placement by purchasing 777,000 units for $308,000.  They include Executive Chairman Craig Dalziel, CEO Richard Lock, President Ian Graham, a numbered company controlled by CFO Steve Vanry, and Corporate Secretary David Rose.

The participation of each in the private placement is exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 as the fair market value of each participation is less than 25% of the market capitalization of the company.

Oroco holds a 85.5% interest in those central concessions, covering 1,173 hectares of the Santo Tomas project. These are the “Core Concessions.’’ The company also holds an 80% stake in an additional 7,861 hectares of mineral concessions that surround and lie adjacent to the Core Concessions.

The PEA results support a staged open pit mine and processing plant starting at 60,000 tonnes per day the first year of production and expanding to 120,000 tonnes in year two. The PEA envisages a lifespan of 20.1 years.

Total life-of-mine payable copper production is estimated at 4.74 billion pounds.

The initial capital cost is pegged at US$1,34 billion with sustaining and expansion capital estimated at US$,134.5 billion. Oroco is estimating a pre-tax, net present value (8.0%) of US$2.3 billion.

The PEA mineral resource estimate includes two primary mineralized zones: North Zone and South Zone. These zones display similar mineralization styles but are physically separated by localized post-mineralization faults and material currently identified as waste due to a lack of drilling.

The North Zone hosts an indicated resource of 561 million tonnes, containing 4.57 billion pounds of copper equivalent (CuEq). On top of that is inferred resource in the North Zone of 118.3 million tonnes of 848 million pounds of CuEq.

The South Zone is estimated to contain an inferred resource of 430.8 million tonnes of 3.3 billion pounds of CuEq.

Continue Reading

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : ResourceWorld – https://resourceworld.com/oroco-raises-2-7-million-from-private-placement-shares-rise/?utm_source=rss&utm_medium=rss&utm_campaign=oroco-raises-2-7-million-from-private-placement-shares-rise

Tags: businessOrocoraises
Previous Post

First Quantum suspends production guidance in Panama

Next Post

Jos Buttler’s dismal ODI run continues

Microplastics and invasive crayfish: emerging interactions and ecological implications from three coexisting species in a subalpine lake – Nature

Uncovering the Hidden Impact: How Microplastics and Invasive Crayfish Interact in a Subalpine Lake Ecosystem

September 30, 2025
Scientists Warn: Bottled Water May Pose Serious Long-Term Health Risks – SciTechDaily

Scientists Warn: Long-Term Health Risks Hidden in Bottled Water

September 30, 2025
You Can Trigger ‘Time Expansion’—Meaning You Can Stretch Seconds and Warp Reality, Scientists Say – Popular Mechanics

Unlock the Secret to Stretching Seconds and Bending Reality: Scientists Reveal How to Trigger ‘Time Expansion

September 30, 2025
Roiserv Lifestyle Services Announces Key Corporate Changes at Upcoming EGM – TipRanks

Roiserv Lifestyle Services Announces Exciting Corporate Overhaul Ahead of Key EGM

September 30, 2025
Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

September 30, 2025
Tim and Anita Schoen Endow Sport Psychology Program Director Position – Notre Dame Athletics

Tim and Anita Schoen Endow Sport Psychology Program Director Position – Notre Dame Athletics

September 30, 2025
Dodgers feel an urgency to deliver another World Series title to L.A. – Los Angeles Times

Dodgers Fueled by Determination to Bring Another World Series Title to L.A

September 30, 2025
City of Malibu Eases Event and Sign Permitting Requirements to Support Post-Fire Economic Recovery – City of Malibu

Malibu Simplifies Event and Sign Permitting to Boost Post-Fire Economic Recovery

September 30, 2025
The Police Made Chart History With This 1979 Hit Nearly 50 Years Ago – Yahoo

How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

September 30, 2025
WISD weighs in on Michigan Board of Education’s proposed health education changes – WEMU

WISD Takes Action on Proposed Changes to Michigan’s Health Education Standards

September 30, 2025

Categories

Archives

September 2025
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (844)
  • Economy (865)
  • Entertainment (21,739)
  • General (17,331)
  • Health (9,908)
  • Lifestyle (878)
  • News (22,149)
  • People (867)
  • Politics (875)
  • Science (16,075)
  • Sports (21,365)
  • Technology (15,848)
  • World (847)

Recent News

Microplastics and invasive crayfish: emerging interactions and ecological implications from three coexisting species in a subalpine lake – Nature

Uncovering the Hidden Impact: How Microplastics and Invasive Crayfish Interact in a Subalpine Lake Ecosystem

September 30, 2025
Scientists Warn: Bottled Water May Pose Serious Long-Term Health Risks – SciTechDaily

Scientists Warn: Long-Term Health Risks Hidden in Bottled Water

September 30, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version