OROCO APPLIES TO EXTEND TERM OF WARRANTS
VANCOUVER, British Columbia – (September 11, 2012) Oroco Resource Corp. (TSX-V: OCO) (“Oroco” or “the Company”) announces that it has applied to the TSX Venture for approval to amend the term of 1,970,667 outstanding warrants by extending the Exercise Period by six months to March 12, 2013. The Company has not applied for any change to their exercise price of $0.45 per share.
For further information, please contact:
Mr. Craig Dalziel, President and CEO
Oroco Resource Corp.
This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company’s actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company’s control. These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in metal prices; currency fluctuations; and general market and industry conditions.
Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.