12:27 PM EDT, 05/15/2025 (MT Newswires) -- Oroco Resource ( ORRCF ) on Thursday said it is seeking regulatory permission for an expansion of its Santo Tomas project in Mexico and will look to move its share listing to the Toronto Stock Exchange.

Oroco is seeking to shift a section of the river that runs adjacent to the Santo Tomas Project area, north of the existing pit area of the North Zone. The river realignment will provide access to "a significant portion of the resource" identified in the 2024 Mineral Resource Estimate that was not included in the 2024 Preliminary Economic Assessment mine plan.

"The river realignment is expected to provide access to a significant additional portion of our known resource. This singular step could dramatically enhance the scope of the Santo Tomas Project," executive chair Craig Dalziel said.

The company also said it will apply to switch its share listing to the TSX from the Venture Exchange to broaden its investor base.

The company shares were last seen up $0.015 to $0.325 on the TSX Venture Exchange.

Price: 0.33, Change: +0.02, Percent Change: +4.84