Oroco Resource Corp V.OCO

Private Placement oversubscribed!

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The fact that they announce a pp and the stock goes up is super bullish.  The fact they fill 750K and add 150K in 5 days and then makes a new 5 year high gets me excited!!
watch the sky!
Oroco Announces Increase in Private Placement

     

VANCOUVER, April 16, 2018 /CNW/ - Oroco Resource Corp. (TSXV: OCO) ("Oroco" or "the Company") is pleased to announce that, due to the private placement previously announced on April 11, 2018 (the "Private Placement") being oversubscribed, but not yet closed, it is increasing the Private Placement by an additional 1,500,000 units. The increased private placement will now comprise up to 9,000,000 units at a price of $0.10 per unit (one share and one half share purchase warrant per unit) to raise gross proceeds of up to $900,000.  Terms and conditions, and use of proceeds of the Private Placement remain as announced on April 11, 2018.

The Private Placement is subject to the acceptance of the TSX Venture Exchange.