Oroco Provides Update on its 2024 AGM
December 4, 2024 News Release
Oroco Provides Update on its 2024 AGM
VANCOUVER, CANADA, December 4, 2024 – Oroco Resource Corp. (“Oroco” or the “Company”) (TSXV:
OCO; OTCQB: ORRCF, BF: OR6) announces that due to the ongoing Canada Post strike (the “Postal Strike”),
the information circular and related materials (the “ Meeting Materials ”) for its upcoming Annual General
Meeting (the "Meeting") to be held on Thursday, December 12, 2024, are posted under the Company's profile on
www.sedarplus.ca and on the Company's website at www.orocoresourcecorp.com/investors/agm-materials/.
Shareholders of the Company are encouraged to a ccess the Meeting Materials directly through the above-
mentioned website. While the Meeting Materials have been mailed in the normal course, due to the Postal Strike
there can be no assurance that they will be delivered prior to the Meeting.
The purpose of the Meeting is to receive and consider the audited annual financial statements of the Company;
re-appoint Davidson & Company LLP as auditor of the Company; authorize the directors to fix their
remuneration; elect the directors for the ensuing year; approve the continuation of the Company’s stock option
plan; and to consider other business as may properly come before the Meeting or any postponement(s) or
adjournment(s) thereof.
Registered Shareholders and Non-Objecting Beneficial Owners may contact Computershare’s Services Call
Centre toll free in North America at 1-800-564-6253 (8:30 a.m. to 8:30 p.m., EST, Monday to Friday), or by
international direct dial at 514-982-7555, with their name and address, account number, phone number and
number of shares (for identity verification purposes), to request their proxy and 15 digit voting control number.
Registered and Non-Objecting Beneficial Owners who are not able to obtain a voting control number for any
reason, including not being able to verify their identity, may use the generic form of proxy or voting instruction
form available on the Company’s website by writing in the name, address, number of shares or holder account
number, marking their votes and signing the form. The signatory for corporate shareholders should write in
their name and position. Completed forms may be faxed to Computershare at 1-866-249-7775 (toll free in
North America) or 416-263-9524 (international)
Objecting Beneficial Owners are encouraged to contact the proxy department at their broker or other
intermediary (where their common shares are held) who can assist them with the voting process. Objecting
Beneficial Owners must follow the voting instructions provided by their broker or other intermediary.
Shareholders voting their shares by proxy must do so by no later than: (i) 2:00 p.m. (Vancouver time) on
Tuesday, December 10, 2024; or (ii) no later than 48 hours (excluding Saturdays, Sundays and holidays) before
any adjourned or postponed Meeting.
Shareholders may attend the Meeting virtually by contacting the Company by email at
[email protected] or by telephone at 604-688-6200 to obtain a web link that will permit them to
attend the Meeting by video conference. However, votes cannot be cast on the video call.
About OROCO
The Company holds a net 85.5% interest in those central concessions that comprise 1,173 hectares “the Core
Concessions” of The Santo Tomas Project, located in nor thwestern Mexico. The Company also holds an 80%
interest in an additional 7,861 hectares of mineral concessions surrounding and adjacent to the Core Concessions
(for a total Project area of 9,034 hectares, or 22,324 acres). The Project is situated within the Santo Tomas District,
which extends up to the Jinchuan Group’s Bahuerachi Project, approximately 14 km to the northeast. The Project
hosts significant copper porphyry mineralization initially de fined by prior exploration spanning the period from
1968 to 1994. During that time, the Project area was tested by over 100 diamond and reverse circulation drill
holes, totalling approximately 30,000 me ters. Commencing in 2021, Oroco co nducted a drill program (Phase 1)
at Santo Tomas, with a resulting total of 48,481 meters drilled in 76 diamond drill holes.
The drilling and subsequent resource estimates and engineering studies led to a revised MRE and an updated PEA
being published and filed in August of 2024, whic h studies are available at the Company’s website
www.orocoresourcecorp.com and by reviewing the Company profile on SEDAR at www.sedarplus.ca..
The Santo Tomas Project is located within 170 km of the Pacific deep-water port at Topolobampo and is serviced
via highway and proximal rail (and parallel corridors of tr unk grid power lines and natural gas) through the city
of Los Mochis to the northern city of Choix. The property is reached, in part, by a 32 km access road originally
built to service Goldcorp’s El Sauzal Mine in Chihuahua State.
Additional information about Oroco can be found on its website and by reviewing its profile on SEDAR at
www.sedarplus.ca.
For further information, please contact:
Richard Lock, CEO
Oroco Resource Corp.
Tel: 604-688-6200
Email: [email protected]
www.orocoresourcecorp.com
Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking informat ion” within the meaning of applicable Canadian securities
legislation based on expectations, estimates and projections as at the date of this news release. Forward-looking
information involves risks, uncertainties and other factor s that could cause actual ev ents, results, performance,
prospects and opportunities to differ materially from those expressed or implied by such forward-looking
information. All statements other than statements of fact included in this document constitute forward-looking
information, including, but not limited to, objectives, goals or future plans, statements regarding anticipated
exploration results and exploration plans, Oroco’s expectations regarding the future potential of the Santo Tomas
deposits, its plans for additional drilling and other exploration work on the Santo Tomas deposits and the potential
to advance or improve the PEA study.
Forward-looking information is not, and cannot be, a gua rantee of future results or events. Forward-looking
information is based on, among other things, opinions , assumptions, estimates and analyses that, while
considered reasonable by the Corporation at the date the forward-looking information is provided, inherently are
subject to significant risks, uncertainties, contingencies and other factors that may cause actual results and events
to be materially different from those expressed or implied by the forward-looking information.
Factors that could cause actual results to differ materially from such forward-looking information include, but are
not limited to, capital and operating costs varying signifi cantly from estimates; the preliminary nature of
metallurgical test results; delays in obtaining or fail ures to obtain and comply with required governmental,
environmental or other Project approvals; uncertainties relating to the availability and costs of financing needed
in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of
the Project; COVID-19 and other pandemic risks; those other risks involved in t he mineral exploration and
development industry; and those ri sks set out in the Company’s publ ic documents filed on SEDAR at
www.sedarplus.ca.
Should one or more risk, uncertainty, contingency or other factor materialize or should any factor or assumption
prove incorrect, actual results could vary materially fr om those expressed or implied in the forward-looking
information. Accordingly, you should not place undue re liance on forward-looking information. Oroco does not
assume any obligation to update or revise any forward-look ing information after the date of this news release or
to explain any material difference between subsequent actual events and any forward-looking information, except
as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts resp onsibility for the adequacy or accuracy of this news release. No stock
exchange, securities commission or other regulatory authority has approved or disapproved the information
contained herein.