| December 15, 2015 OROCO SETTLES SONORAN LAWSUIT | |
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OROCO SETTLES SONORAN LAWSUIT
VANCOUVER, British Columbia - (December 15, 2015) Oroco Resource Corp. (TSX-V: OCO) ('Oroco' or 'the Company') announces that it has received a Dismissal Order (the 'Order') with regard to the remaining claims by Sonoran Resources LLC. and SR Servicios Mineros, S.A. de C.V.'s (jointly, 'Sonoran') (see news releases of March 31, 2014 and April 28, 2015) against the Company and Minas de Oroco Resources, S.A. de C.V. The Order, which dismisses the matter with prejudice, was issued as a result of a settlement agreement between all the parties to the matter pursuant to which the Company agreed to pay Sonoran $49,000 in full settlement of all Sonoran claims, which originally were in excess of US$3,000,000. The Company has paid the first half of this amount, with the balance due on January 31, 2016.
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Oroco Resources Corp
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EXPLORATEUR |
CODE : OCO.V |
ISIN : CA6870331007 |
CUSIP : 687033 10 0 |
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Oroco Resources est une société développant des projet miniers de zinc et de plomb basée au Canada. Ses principaux projets en exploration sont XOCHIPALA et CERRO PRIETO au Mexique. Oroco Resources est cotée au Canada. Sa capitalisation boursière aujourd'hui est 27,3 millions CA$ (20,1 millions US$, 18,1 millions €). La valeur de son action a atteint son plus bas niveau récent le 01 janvier 2016 à 0,01 CA$, et son plus haut niveau récent le 25 juin 2021 à 3,66 CA$. Oroco Resources possède 77 947 405 actions en circulation. |