Orocan Resource, further to its release of December 12, 2011 is pleased to announce it has closed its non-brokered private placement for 6,000,000 units at a price of $0.25 per unit, for aggregate gross proceeds of CDN $1,500,000. Each Unit consists of one common share and one half of one share purchase warrant, each whole Warrant exercisable by the holder to acquire one additional common share at a price of $0.40
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