Oroco Board Approves Altamura Acquisition
VANCOUVER, British Columbia – (February 27, 2020) Oroco Resource Corp. (TSX-V: OCO) (“Oroco” or “the Company”) is pleased to announce that, further to its February 13, 2020 news release, the board of directors of the Company (the “Board”) has approved the exercise of the Company’s option to acquire 100% ownership of Altamura Copper Corp. (“Altamura”). The closing of the transaction will occur on March 2, 2020. In consideration for the acquisition of Altamura, the Company will issue 39,800,000 shares of the Company to Altamura shareholders.