Orko Silver Corporation

Published : April 16th, 2013

Coeur Completes Acquisition of Orko Silver Corp.

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Coeur d'Alene Mines has added a news release to its Investor Relations website.

Title: Coeur Completes Acquisition of Orko Silver Corp.

Date(s): 16-Apr-2013 8:30 AM

For a complete listing of our news releases, please click here

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Apr. 16, 2013-- Coeur d'Alene Mines Corporation ("Coeur") (NYSE: CDE) (TSX: CDM) today announced the completion of its acquisition of Orko Silver Corp. ("Orko") pursuant to its previously announced plan of arrangement.

"We are excited to complete the acquisition of Orko and look forward to developing La Preciosa into a world-class silver mine that generates an attractive rate of return for shareholders over a long mine life," said Mitchell J. Krebs, Coeur's President and Chief Executive Officer. "I would like to welcome Orko's shareholders to Coeur and look forward to capitalizing on our opportunities for building value in a disciplined way for all Coeur shareholders."

As a result of the completion of the arrangement, Coeur now owns all of the issued and outstanding shares of Orko. As consideration, Coeur paid a total of CAD $100 million in cash and issued an aggregate 11,572,918 common shares of Coeur and 1,588,768 warrants to acquire common shares of Coeur.

Also as a result of the completion of the transaction, the Orko shares will be de-listed from the TSX Venture Exchange. If they have not already done so, registered Orko shareholders should complete and submit their letter of transmittal, together with the certificate(s) representing their Orko shares and any other required documents and instruments, to the depositary, Computershare Trust Company of Canada, to receive the consideration to which they are entitled under the plan of arrangement. Orko shareholders who hold their Orko shares through a broker or other intermediary should contact that broker or other intermediary for instructions and assistance in receiving the consideration to which they are entitled under the plan of arrangement.

Former Orko shareholders with questions regarding the plan of arrangement can contact Kingsdale Shareholder Services Inc. toll free in North America at (888) 518-6812 or call collect outside North America at (416) 867-2272 or by email at contactus@kingsdaleshareholder.com.

About Coeur

Coeur d'Alene Mines Corporation is the largest U.S.-based primary silver producer and a growing gold producer. Coeur has four precious metals mines in the Americas generating strong production, sales and cash flow in continued robust metals markets. Coeur produces from its wholly owned operations: the Palmarejo silver-gold mine in Mexico, the San Bartolom� silver mine in Bolivia, the Rochester silver-gold mine in Nevada and the Kensington gold mine in Alaska. Coeur also owns a non-operating interest in a mine in Australia, and conducts ongoing exploration activities in Mexico, Argentina, Nevada, Alaska and Bolivia. In addition, Coeur owns strategic investment positions in eight silver and gold development companies with projects in North and South America.

Cautionary Statement

The information contained in this news release contains forward-looking statements within the meaning of securities legislation in the United States and Canada, including, among others, statements regarding developing the La Preciosa silver mine and its rate of return and mine life. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Coeur's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the risks and hazards inherent in the mining business (including environmental hazards, industrial accidents, weather or geologically related conditions), changes in the market prices of gold and silver, the uncertainties inherent in Coeur's production, exploratory and developmental activities, including risks relating to permitting and regulatory delays and disputed mining claims, any future labor disputes or work stoppages, the uncertainties inherent in the estimation of gold and silver ore reserves, changes that could result from Coeur's future acquisition of new mining properties or businesses, reliance on third parties to operate certain mines where Coeur owns silver production and reserves, the loss of any third-party smelter to which Coeur markets silver and gold, the effects of environmental and other governmental regulations, the risks inherent in the ownership or operation of or investment in mining properties or businesses in foreign countries, Coeur's ability to raise additional financing necessary to conduct its business, make payments or refinance its debt, as well as other uncertainties and risk factors set out in filings made from time to time with the U.S. Securities and Exchange Commission, and the Canadian securities regulators, including, without limitation, Coeur's reports on Form 10-K and Form 10-Q. Actual results, developments and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. Coeur disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, Coeur undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Coeur, its financial or operating results or its securities.

Source: Coeur d'Alene Mines Corporation

Coeur d'Alene Mines Corporation
Wendy Yang, 208-665-0345
Vice President, Investor Relations
or
Stefany Bales, 208-667-8263
Director, Corporate Communications
www.coeur.com



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Data and Statistics for these countries : Argentina | Australia | Bolivia | Canada | Mexico | All
Gold and Silver Prices for these countries : Argentina | Australia | Bolivia | Canada | Mexico | All

Orko Silver Corporation

DEVELOPMENT STAGE
CODE : OK.V
CUSIP : 685930
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Orko Silver is a silver development stage company based in Canada.

Orko Silver develops silver and gold in Mexico, and holds various exploration projects in Mexico.

Its main asset in development is LA PRECIOSA in Mexico and its main exploration properties are SAN JUAN and SANTA MONICA in Mexico.

Orko Silver is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.8 millions as of today (US$ 1.4 millions, € 1.2 millions).

Its stock quote reached its highest recent level on July 22, 2011 at CA$ 3.25, and its lowest recent point on February 08, 2019 at CA$ 0.02.

Orko Silver has 73 760 000 shares outstanding.

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Corporate Presentations of Orko Silver Corporation
9/9/2008MARTHA THINNING OUT TO SOUTH… BUT THEN?
4/18/2008Research notes
1/16/2008La Preciosa Thins to the North and Continues to the Southeas...
11/20/2007Drilling Hits Best Hole to Date on La Preciosa
10/9/200773.1 MILLION OUNCES SILVER EQUIVALENT RESOURCE IN DURANGO ST...
8/9/2007Martha Tips the Silver Balance at Preciosa
4/2/2007Orko takes nino steps in Mexico
10/13/2006Keeps drills turning at La Preciosa
5/19/2006New recommandation
5/1/2006Article of ICMJ Mining Journal
In the News and Medias of Orko Silver Corporation
6/27/2011Announces Update on Postal Strike and AGM
2/27/2008Follow up N° 7
1/15/2008 Expands the Martha Vein to the Southeast at La Preciosa
Annual reports of Orko Silver Corporation
2009 Annual Report
2007 Annual Report
Project news of Orko Silver Corporation
4/16/2013Coeur Completes Acquisition of Orko Silver Corp.
2/16/2012(La Preciosa)Provides an Update of Activities at La Preciosa
2/9/2011(La Preciosa)has Retained the Services of AMEC for a Review of La Precios...
4/29/2010(La Preciosa)More drill results at La Preciosa
6/22/2009(La Preciosa)Pan American Silver and Orko Silver Begin Comprehensive Dril...
2/18/2009(La Preciosa)Increases and Upgrades La Preciosa Resource Estimate
7/22/2008(La Preciosa)Reports Multiple Hits into Martha Vein at La Preciosa
2/28/2008Drilling Hits Best Martha to Date and a New High-Grade Vein ...
11/19/2007(La Preciosa)Hits 16.55 metres grading 377.7 g/t silver-equivalent on Mar...
10/10/2007(La Preciosa) Adds Fourth Drill Rig
10/1/2007(La Preciosa)Increases Resource Estimate by 86% to 73.1 Million Ounces Si...
9/19/2007(La Preciosa)Continues to Hit Wide High Grade Intercepts at La Preciosa
9/19/2007(La Preciosa)Reports High Grade Assay Results from Transversal Vein
6/5/2007(La Preciosa)Continues to Hit Major Silver-Gold Intercepts at La Preciosa
5/30/2007(La Preciosa) Intercepts 19.05 metres of 239.6 g/t Silver-Equivalent
5/9/2007(La Preciosa)Hits Major Intercept in Martha Vein at La Preciosa
4/18/2007(La Preciosa)Delivers More Positive Drilling Results from La Preciosa
2/21/2007(La Preciosa)Santa Monica Project Yields Excellent Gold and Silver Values...
Corporate news of Orko Silver Corporation
4/10/2013Shareholders Approve Arrangement with Coeur
3/18/2013Mails Meeting Materials
2/20/2013Announces Agreement With Coeur D'Alene
2/13/2013Announces Superior Proposal
11/8/2012(La Preciosa)Announces Filing of NI 43-101 Technical Report for its La Pr...
10/10/2012& Commonwealth Silver | Today, October 10th, 2012
10/4/2012Up close and personal with Orko Silver | Wednesday October 1...
9/20/2012=?windows-1252?Q?Orko_Announces_a_Significant_Upgraded_Resou...
9/12/2012(La Preciosa)Commences Exploration in the Esmeralda Targets Area of La Pr...
5/23/2012REMINDER: Timmins Gold and Orko Silver | Investors Forum May...
5/15/201210 days left until our next event in Vancouver: Timmins Gold...
5/15/2012Quest Rare Minerals, Orko Silver and REBgold Corp | Investor...
5/10/2012Timmins Gold and Orko Silver Investors Forum, May 24th 2012
5/7/2012Quest Rare Minerals, Orko Silver and REBgold Corp Investors...
5/2/2012Releases the Results of a New Engineering Study
8/11/2011(La Preciosa)Pan American Silver and Orko Silver Release Positive Prelimi...
8/11/2011(La Preciosa)Commentary on recently released La Preciosa Preliminary Econ...
6/1/2011President's Update
1/7/2009Provides 2008 Year End Summary
12/2/2008Drills 3.99 metres of 1 Kilogram per ton Silver Equivalent
11/26/2008Delays Resource Estimate until January 2009
6/5/2008Exhibit at World Resource Investment Conference 2008 in Vanc...
3/31/2008 Increases Resource Estimate by 41% to 103.2 Million Ounces ...
2/27/2008 Hits Massive Intercept on Martha Vein
2/1/2008Provides Video Update
10/5/2007Research Capital Updates Coverage on Orko Silver
7/19/2007C ontinues to Hit Martha Vein; Adds Third Drill Rig to Proje...
3/27/2007Announces Two Major Developments at La Preciosa
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TSX-V (OK.V)FRANKFURT (OG3.F)
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