VANCOUVER, British Columbia – (August 6, 2019) Oroco Resource Corp. (TSX-V: OCO) (“Oroco” or “the Company”) is pleased to announce that it has closed the first tranche of the previously announced non-brokered private placement, issuing 2,000,000 units at a price of $0.45 per unit, for gross proceeds of $900,000 (the “Financing”). Each unit consists of one common share and one-half of one common share purchase warrant. Each whole share purchase warrant will be exercisable into one additional common share for a period of 24 months from closing at a price of $0.70 per share.