Oroco Resource Corp.
TSX VENTURE : OCO

Oroco Resource Corp.

July 08, 2008 19:41 ET

Oroco Resource Corp. Engages Investor Relations Consultant

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 8, 2008) - Oroco Resource Corp. (TSX VENTURE:OCO) is pleased to announce that, subject to TSX Venture Exchange acceptance, it has engaged Northern Venture Group Inc. and Richard Mills to perform investor relations and corporate communications services for a period of one year.

The Company has agreed to pay Northern Venture Group Inc. a consulting fee of $4,000.00 per month and grant it 125,000 options to purchase common shares of the Company at a price of $0.55 per share. These options will vest in stages over the one year term of the agreement, with one quarter vesting on the date of the agreement and one quarter every three months thereafter and may be exercised for a period of 5 years.

Oroco is a Canadian mineral exploration company which holds a 100% interest in six mineral concessions in Mexico. The company is initially focused on its Sonora concessions, comprising the Cerro Prieto Mine and the nearby 2,508 hectare Cerro Prieto North concession. In addition, Oroco holds three mining concessions in the state of Guerrero totaling 293 hectares.

Stephen Leahy, President

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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