Oroco Resource Corp: Key Updates for Shareholders Ahead of AGM

Important Shareholder Updates from Oroco Resource Corp

Oroco Resource Corp. (“Oroco” or the “Company”) (TSXV: OCO; OTCQB: ORRCF; BF: OR6) has issued a critical update regarding its upcoming Annual General Meeting (AGM). Due to the ongoing challenges faced by Canada Post, the Company is notifying its shareholders that certain materials for the meeting may not reach them in time. Thus, shareholders are urged to access the Meeting Materials directly through the Company profile online.

Details of the Upcoming Annual General Meeting

The AGM is set to discuss essential topics pertaining to the financial health and future of Oroco. Among the agenda items are the evaluation of the audited annual financial statements and a proposal to re-appoint Davidson & Company LLP as the Company's auditor. Shareholders will also authorize the directors to set their remuneration, elect a new board for the upcoming year, and review the continuation of the Company’s stock option plan.

Voting Methods for Shareholders

Registered Shareholders and Non-Objecting Beneficial Owners should note the deadlines for submitting proxies, which are due by 2:00 p.m. Vancouver time on a specified date or at least 48 hours prior to any adjourned meeting. Those who cannot receive their proxy can utilize a generic voting proxy form available on the Company’s website.

Contact Information for Proxy Voting

To ensure seamless voting, shareholders needing assistance can contact Computershare’s Services Call Centre at 1-800-564-6253 within North America or 514-982-7555 for international inquiries. It’s vital to provide relevant identification details for verification, including your name, address, and account number to procure a 15-digit voting control number.

Engaging with Oroco’s Future Projects

In providing an overview of Oroco Resource Corp's projects, the Company boasts an 85.5% interest in a significant area known as the Core Concessions of The Santo Tomas Project, situated in northwestern Mexico. This vast site encompasses approximately 1,173 hectares and features an additional 80% interest in an adjacent 7,861 hectares of mineral concessions. This amounts to a total project area of 9,034 hectares.

Recent Developments in Exploration

The Santo Tomas Project is strategically located near the Jinchuan Group’s Bahuerachi Project, contributing to its resource potential. Previous exploration efforts conducted by Oroco saw considerable drilling activity, producing over 100 diamond and reverse circulation drill holes. In the ongoing exploration, Oroco's Phase 1 drill program has totaled over 48,481 meters across 76 diamond drill holes since its inception in 2021.

Commitment to Shareholder Transparency

The Company actively encourages shareholders to remain informed regarding their investments and the progress of the Santo Tomas Project. It’s essential to highlight that a revised Mineral Resource Estimate (MRE) and an updated Preliminary Economic Assessment (PEA) were published recently, offering valuable insights into the project’s potential economic viability.

Contact Oroco for More Information

For additional inquiries, shareholders and investors can easily reach out to Richard Lock, the CEO of Oroco Resource Corp., at 604-688-6200 or via email. The comprehensive details about the AGM and other materials are readily available on the Company’s official website as well.

Frequently Asked Questions

When is the Oroco AGM scheduled?

The Annual General Meeting is set for December 12, 2024.

How can shareholders vote for the AGM?

Shareholders can vote by submitting their proxies before the cutoff time or use the generic proxy form available on the website.

What is the main purpose of the AGM?

The AGM will cover financial statements, auditor reappointment, director elections, and more business matters relevant to stakeholders.

How can I access the Meeting Materials?

Meeting Materials can be accessed directly through Oroco’s website and their profile on SEDAR.

Who should I contact for voting assistance?

Shareholders needing assistance with voting can contact Computershare's Services Call Centre by phone or reach out to their respective brokers.

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