17:I[87134,["/_next/static/chunks/abf43a076ddbd945.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA","/_next/static/chunks/5ac73fe2b25fc6c9.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA","/_next/static/chunks/92bdbfeca3f655f7.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA","/_next/static/chunks/733be0453bf96ece.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA","/_next/static/chunks/27718c319dd13e9b.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA","/_next/static/chunks/34c922b381f458e9.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA","/_next/static/chunks/c85eefbddd563073.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA"],"default"] 18:T52e,

(RTTNews) - Oroco Resource Corp. (OCO.V), a Canadian mineral exploration firm, announced Monday that Charles Cryer will become its new chief executive officer, effective June 16.

Cryer takes over from Richard Lock, who resigned in March for personal reasons.

A mining engineer boasting more than 30 years of experience in global capital markets and natural resources, Cryer will guide the advancement of Oroco's premier Santo Tomas copper project, according to the company's statement.

Most recently, he served as an independent consultant helping develop mineral deposits for an East Asian client. Prior to that, Cryer worked over nine years at Australian advisory firm RFC Ambrian.

Subject to TSX Venture Exchange approval, Oroco has granted Cryer options for up to 900,000 common shares priced at $0.65 each, exercisable for three years. The options vest in five quarterly portions of 180,000 shares, starting June 16.

Oroco Resource shares on the TSXV closed Friday's session 3.85 percent higher at C$0.4050.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.