Oroco Engages Torrey Hills Capital for Investor Relations
Oroco Engages Torrey Hills Capital for
Investor Relations
VANCOUVER
,
June 19, 2019
/CNW/ - Oroco Resource Corp. (
TSX-V: OCO
) ("
Oroco
" or "
the
Company
") is pleased to announce that it has engaged San Diego Torrey Hills Capital, Inc. ("Torrey
Hills Capital") to provide market awareness and investor relations services to the Company.
Torrey Hills Capital is a leading investor and financial public relations firm specializing in small and
microcap companies. Torrey Hills Capital will increase awareness of the Company through its
established relationships with investment professionals, investment advisors, and money managers
focused on the microcap market space. This will assist the Company in building on and maintaining
its investor audience in both the U.S. and Canadian marketplaces.
Torrey Hills Capital has been engaged at a rate of
US$5,000
per month for an initial term of six
months, which may be extended by agreement for consecutive six month terms. The Company has
also agreed to grant 100,000 incentive stock options exercisable at a price of
$0.55
per share for a
period of three years, of which 25% will vest at the three month anniversary of the engagement, with
an additional 25% vesting each three months thereafter.
Torrey Hills
currently has no direct or
indirect interest in the securities of the Company, or any right or intent to acquire such an interest
except pursuant to the exercise of the above referenced options.
The appointment of Torrey Hills Capital as an investor relations consultant to the Company and the
granting of the options are subject to regulatory acceptance of applicable filings with the TSX
Venture Exchange.
ABOUT TORREY HILLS CAPITAL:
Torrey Hills Capital was formed in 1998 and is headquartered in
Rancho Santa Fe, California
. The
team of professionals offers experience and expertise in investor relations, corporate
communications, non-deal road shows, and market support activities. Torrey Hills Capital specializes
in the development and marketing of emerging growth companies which trade in
the United States
(NYSE, NYSE American, and OTC) and in
Canada
(TSX, TSX-V, and CSE). Marketing activities
articulate key investment attributes, strategic direction, and financial expectations, which combine to
ensure that client market value fully reflects past achievements and future opportunities. Further
information is available at
www.torreyhillscapital.com
.
ABOUT OROCO:
The Company currently holds an irrevocable option to acquire 100 percent of Altamura Copper
Corp., a private B.C. company which holds a 50 percent interest in Compañía Minera Ruero, S.A.
de C.V., the registered owner of the Santo Tomas concessions, and an option to acquire the other
50 percent interest. The Santo Tomas concessions are a contiguous group of seven mineral
concessions located in Sinaloa State, Mexico. Altamura Copper Corp. also holds a 66.7 percent
interest in Xochipala Gold, S.A de C.V., the owner of a net 85 percent unregistered contractual
interest in the Santo Tomas concessions. The Company and Altamura Copper Corp. are pursuing
the registration of the Santo Tomas concessions to Xochipala Gold, S.A. de C.V. for reason of its
preferable ownership and investment structure relating to those concessions (see the Company's
most recent MD&A available on SEDAR).
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.
Cautionary Note Regarding Forward Looking Information
This news release includes certain "forward-looking information" and "forward-looking
statements" (collectively "forward-looking statements") within the meaning of applicable
Canadian securities legislation. All statements, other than statements of historical fact
included herein, including without limitation, statements relating to future events or
achievements of the Company, are forward-looking statements. There can be no assurance
that such forward-looking statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated or implied in such statements. Many
factors, both known and unknown, could cause actual results, performance or achievements
to be materially different from the results, performance or achievements that are or may be
expressed or implied by such forward-looking statements. Readers should not place undue
reliance on the forward-looking statements and information contained in this news release
concerning these matters. Oroco does not assume any obligation to update the forward-
looking statements should they change, except as required by law.
SOURCE
Oroco Resource Corp.
View original content:
http://www.newswire.ca/en/releases/archive/June2019/19/c4307.html
%SEDAR: 00026117E
For further information:
Mr. Craig Dalziel, President and CEO, Oroco Resource Corp., Tel: 604-
688-6200, www.orocoresourcecorp.com
CO: Oroco Resource Corp.
CNW 13:56e 19-JUN-19