|Bid||0.6500 x 0|
|Ask||0.6800 x 0|
|Day's Range||0.6700 - 0.6800|
|52 Week Range||0.2000 - 0.7300|
|Beta (5Y Monthly)||2.20|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Mr. Rice joined the Company in March of this year as its Senior Business Advisor and is a well-known international entrepreneur with a career focus on the mining and renewable energy sectors. In order to accommodate this appointment, Steve Vanry , the Company's CFO, has relinquished his seat on the board. Mr. Vanry will remain an officer of Oroco in his continued capacity as its Chief Financial Officer.
Each unit consists of one common share and one-half of one common share purchase warrant. Each whole share purchase warrant will be exercisable into one additional common share for a period of 24 months from closing at a price of $0.42 per share. The exercise period for the share purchase warrants may be accelerated to 30 days if, at any time after the first 4 months of the warrant exercise period, the volume-weighted trading average of the Company's shares exceeds $0.60 over a period of 20 consecutive trading days.
In addition, the Company's shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"), a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of shares of publicly traded companies. "Now that Oroco is quoted on the OTCQB and is DTC eligible, it is significantly easier for U.S.-based investors to participate in Oroco's share ownership," said Oroco CEO Craig Dalziel.