Orko and Coeur Announce Election Report
Published : April 11, 2013
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

VANCOUVER, BRITISH COLUMBIA and COEUR D'ALENE, IDAHO--(Marketwired - April 11, 2013) - Orko Silver Corp. ("Orko") (TSX VENTURE:OK)(OTCBB:OKOFF)(FRANKFURT:OG3) and Coeur d'Alene Mines Corporation ("Coeur") (TSX:CDM)(News - Market indicators) are pleased to provide an update regarding the consideration to be received by Orko shareholders pursuant to the previously announced plan of arrangement (the "Arrangement") whereby Coeur will acquire all of the issued and outstanding common shares of Orko (the "Orko Shares"). As previously announced, the Arrangement was approved by Orko shareholders yesterday.

Orko and Coeur received an election report from Computershare Trust Company of Canada setting out the number of common shares of Coeur (the "Coeur Shares"), warrants to purchase Coeur Shares (the "Coeur Warrants") and/or cash consideration that each Orko shareholder will be entitled to receive pursuant to the Arrangement, after proration, as follows:

  • Orko shareholders who have elected or are deemed to have elected to receive the cash and share consideration will receive $0.70 cash, 0.0815 of a Coeur Share and 0.01118 of a Coeur Warrant for each Orko Share held;
  • Orko shareholders who have elected to receive the share consideration will receive 0.1118 of a Coeur Share and 0.01118 of a Coeur Warrant for each Orko Share held; and
  • Orko shareholders who have elected to receive the cash consideration will receive $0.74 cash, 0.0797 of a Coeur Share and 0.01118 of a Coeur Warrant for each Orko Share held.

The cash consideration alternative was oversubscribed, and pursuant to the proration methodology established under the Arrangement, Orko shareholders who have elected to receive the cash consideration will receive the cash, Coeur Shares and Coeur Warrants as described above.

Pursuant to the Arrangement, Orko shareholders will receive total cash consideration of CAD$100 million, 11,572,918 Coeur Shares and 1,588,768 Coeur Warrants. Following the completion of the Arrangement, the current Orko shareholders will hold approximately 11% of the issued and outstanding Coeur Shares (prior to the exercise of the Coeur Warrants). The Coeur Warrants will trade under the symbol "CDE.WS" on the NYSE and "CDM.WT" on the TSX. Trading is expected to commence on April 17, 2013 on both exchanges.

Orko will apply for a final order of the Supreme Court of British Columbia approving the Arrangement on Friday, April 12, 2013 and, assuming receipt of court approval and the satisfaction or waiver of all remaining closing conditions, Orko and Coeur expect the Arrangement to be effective on or about April 16, 2013.

Orko shareholders with questions regarding the deposit of Orko Shares to the 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 Orko

Orko Silver Corp. is developing one of the world's largest undeveloped primary silver deposits, La Preciosa, located near the city of Durango, in the State of Durango, Mexico.

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 Bartolomé 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.

Special Note Regarding Forward Looking Statements

This News Release may contain forward-looking statements, including but not limited to comments regarding the completion of the transactions contemplated herein. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements and Orko and Coeur undertake no obligation to update such statements, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Orko Silver Corp.
(604) 687-6310
www.orkosilver.com
or
Kingsdale Shareholder Services
Wes Hall
(416) 867-2342
or
Coeur
Wendy Yang
Vice President, Investor Relations
(208) 665-0345
or
Stefany Bales
Director, Corporate Communications
(208) 667-8263
www.coeur.com
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

Coeur Mining Inc

PRODUCER
CODE : CDE
ISIN : US1921085049
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Coeur Mining is a silver and gold producing company based in United states of america.

Coeur Mining produces silver, gold, copper, lead and zinc in Argentina, in Australia, in Bolivia, in Mexico and in USA, develops gold and silver in Argentina and in Bolivia, and holds various exploration projects in Mexico.

Its main assets in production are ROCHESTER MINE - NEVADA PACKARD in USA, ENDEAVOR and BROKEN HILL in Australia, PALMAREJO in Mexico, MARTHA MINE in Argentina and SAN BARTOLOME in Bolivia, its main assets in development are ROCHESTER and KENSINGTON in Bolivia and JOAQUIN in Argentina and its main exploration properties are KENSINGTON/JUALIN in Argentina, LAKE VICTORIA GOLD BELT in Tanzania and EL REALITO, GUADALUPE and LA PATRIA in Mexico.

Coeur Mining is listed in Canada, in Germany and in United States of America. Its market capitalisation is US$ 946.7 millions as of today (€ 878.8 millions).

Its stock quote reached its highest recent level on November 21, 1997 at US$ 99.38, and its lowest recent point on January 22, 2016 at US$ 1.62.

Coeur Mining has 185 442 526 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate Presentations of Coeur Mining Inc
9/15/2016Coeur to Present at Upcoming Conferences
9/22/2011ALERT: New Coeur d'Alene Mines Presentation
Annual reports of Coeur Mining Inc
An annual report to security holders.
Annual report
Annual report which provides a comprehensive overview of the...
2005 Annual Report
Nominations of Coeur Mining Inc
3/11/2008 Appoints Bibiana Betancourt as Director of Corporate Social...
3/4/2008 ANNOUNCES APPOINTMENT OF MITCHELL J. KREBS TO CHIEF FINANCI...
Financials of Coeur Mining Inc
5/9/2011Silver and Gold Production Combine to Deliver Record First Q...
2/22/2011Results of operations and financial condition
2/29/2008 REPORTS FOURTH QUARTER AND YEAR-END 2007 RESULTS
Project news of Coeur Mining Inc
7/15/2016Bravada Announces 1,200m Core-drilling Program and Signing o...
2/18/2013Provides Update on Path to Completion of Orko Acquisition
8/27/2012(Palmarejo)Reports Fatal Accident at Palmarejo Mine
5/24/2012(Palmarejo)Full Production Resumes at Coeur dAlene Mines Palmarejo Mi...
6/5/2008(Rochester) RETAIN OWNERSHIP OF ROCHESTER MINE
5/12/2008(Kensington)ANNOUNCES U.S. FOREST SERVICE DECISION TO COMPLETE ENVIRONME...
5/12/2008(San Bartolome)San Bartolome in Final Stages of Startup, Fueling Nearly 40%...
5/5/2008(Cerro Bayo)Cerro Bayo Mine Resumes Operations
4/14/2008(Kensington)Announce Memorandum of Understanding on Marine Transportatio
4/14/2008(Kensington)ANNOUNCE MEMORANDUM OF UNDERSTANDING ON MARINE TRANSPORTATIO
4/8/2008(Cerro Bayo)Cerro Bayo Mine Begins Upgrades of Electrical Systems
4/8/2008(Cerro Bayo)'S CERRO BAYO MINE BEGINS UPGRADES OF ELECTRICAL SYSTEMS
2/12/2008(San Bartolome)BEGINS PRE-COMMISSIONING OF SAN BARTOLOMÉ SILVER MINE IN BOL...
2/12/2008(San Bartolome)Begins Pre-Commissioning of San Bartolome Silver Mine in Bol...
1/29/2008(Rochester) Reviewing Strategic Alternatives for Its Coeur Rochester Su...
1/26/2008(Kensington)Submits Proposed Modified Plan of Operations f
12/20/2007(Martha Mine)Stand-Alone Mill at Coeur's Mina Martha Mine Commissioned
9/28/2007(Cerro Bayo)ANNOUNCES ADDITIONAL HIGH-GRADE DRILL RESULTS AT CERRO BAYO ...
12/31/2006(Cerro Bayo)Producir y proteger
6/1/2006(Galena Mine)Coeur Completes Sale of the Galena Mine
1/31/2006(Galena Mine)Coeur Reviewing Strategic Alternatives for Silver Valley Ass...
Corporate news of Coeur Mining Inc
7/27/2016Coeur Mining tops Street 2Q forecasts
7/27/2016Coeur Reports Second Quarter 2016 Results
7/15/2016Coeur to Participate in Cormark Silver Conference
1/15/2016Basic Materials Sector Equities Under Review -- Coeur Mining...
1/11/2016Coeur Reports Fourth Quarter and Full-Year 2015 Production a...
1/11/20167:05 am Coeur d'Alene Mines reports FY15 silver production a...
12/28/2015How Silver Prices Are Influencing Major Silver Miners
12/22/2015Basic Materials Sector Stocks Technical Coverage -- Century ...
12/21/2015Inverse Relationship: Precious Metals and the US Dollar
12/17/2015New Strong Buy Stocks for December 17th
12/3/2015What Would a Higher Interest Rate Do to Gold?
12/1/2015Coeur to Present at Scotiabank Mining Conference
11/29/2015Hedge Funds Are Buying Coeur Mining Inc (CDE)
11/5/2015Technical Update on Stocks from Diverse Sectors - Research o...
11/3/2015Edited Transcript of CDE earnings conference call or present...
11/3/2015Coeur Files Technical Report for Palmarejo Complex
11/2/2015Coeur Mining reports 3Q loss
11/2/2015Coeur Reports Third Quarter 2015 Results
10/6/2015Coeur Reports Third Quarter Production Results
10/6/20155:45 pm Coeur d'Alene Mines reports preliminary Q3 productio...
9/18/2015Coeur to Present at Upcoming Conferences in Denver and Scott...
8/11/2015Coeur to Present at Jefferies Industrials Conference in New ...
8/11/2015Rye Patch Arbitrates Q1 2014 Royalty Payment with Coeur
8/5/2015Edited Transcript of CDE earnings conference call or present...
8/4/2015Coeur Mining reports 2Q loss
8/4/2015Coeur Reports Second Quarter 2015 Results
8/4/20155:21 pm Coeur d'Alene Mines beats by $0.11, reports revs in-...
7/9/2015Coeur Reports Second Quarter Production Results
7/9/20156:31 am Coeur d'Alene Mines reports preliminary Q2 productio...
7/7/2015Why Coeur Mining, Inc, (CDE) Stock Might be a Great Pick - T...
6/17/2015Notable option activity in equities
4/27/2015Coeur Reports 89% Increase in Silver Reserves and 76% Increa...
4/27/2015NYSE stocks posting largest percentage increases
4/22/2015NYSE stocks posting largest percentage decreases
4/20/2015Coeur Mining attracts large hedge
4/17/2015Coeur Announces Positive Results of Stockholder Votes and Co...
4/16/2015NYSE stocks posting largest percentage decreases
4/14/2015Coeur Releases New High-Grade Mine Plan at Kensington Gold M...
4/6/2015Coeur Reports First Quarter Production Results
4/6/2015Alcoa (AA) Buckles Up for Q1: Will its Earnings Beat Again? ...
4/6/2015Coeur to Present at Jefferies Steel and Metals Summit in Chi...
3/16/2015Nevsun (NSU) Shuts Down Processing Plant at Bisha Mine - Ana...
3/9/2015Coeur to Present at ROTH Conference
2/23/2015Coeur to Present at Upcoming Conferences
2/23/2015Coeur Completes Acquisition of Wharf Gold Mine From Goldcorp
2/20/2015Coeur Completes Acquisition of Wharf Gold Mine From Goldcorp
2/19/2015Coeur Mining reports 4Q loss
2/18/2015Coeur Reports Fourth Quarter and Full-Year 2014 Results
2/18/2015Coeur Reports Year-End 2014 Mineral Reserves and Resources
6/5/2013ALERT: New Coeur d'Alene Mines SEC Filing
5/13/2013ALERT: New Coeur d'Alene Mines SEC Filing
4/16/2013ALERT: New Coeur d'Alene Mines Presentation
4/15/2013ALERT: New Coeur d'Alene Mines SEC Filing
4/11/2013Orko and Coeur Announce Election Report
4/2/2013ALERT: New Coeur d'Alene Mines SEC Filing
3/18/2013ALERT: New Coeur d'Alene Mines SEC Filing
2/20/2013Announces Definitive Agreement to Acquire Orko Silver Corp.
2/13/2013Announces Repurchase of Its 3.25% Convertible Senior Notes f...
2/13/2013Makes Proposal to Acquire Orko Silver Corp. for Cad$2.70 Per...
2/11/2013ALERT: New Coeur d'Alene Mines SEC Filing
2/7/2013Andrew Lundquist Resigns Director Position with Coeur d'Alen...
1/29/2013ALERT: New Coeur d'Alene Mines SEC Filing
1/24/2013Prices Private Offering of Senior Notes
1/24/2013to Offer Senior Notes
1/18/2013ALERT: New Coeur d'Alene Mines SEC Filing
1/7/2013ALERT: New Coeur d'Alene Mines SEC Filing
11/6/2012ALERT: New Coeur d'Alene Mines SEC Filing
10/22/2012to Present and Exhibit at the Silver Summit Spokane 2012 Con...
10/16/2012ALERT: New Coeur d'Alene Mines SEC Filing
9/25/2012ALERT: New Coeur d'Alene Mines SEC Filing
9/8/2012ALERT: New Coeur d'Alene Mines SEC Filing
9/8/2012ALERT: New Coeur d'Alene Mines Presentation
8/7/2012Acquires Shares in Huldra Silver Inc.
7/14/2012Invests in International Northair Mines Ltd
7/3/2012Announces Withdrawal of Proposed Offering of Senior Notes
6/25/2012ALERT: New Coeur d'Alene Mines SEC Filing
6/25/2012to Offer Senior Notes
6/7/2012ALERT: New Coeur d'Alene Mines SEC Filing
6/7/2012dAlene Mines Announces Share RepurchaseProgram
5/23/2012(Palmarejo)Illegal Employee Disruption Causes Temporary Shut-Down at Co...
5/9/2012' Investor Day Presentations Available on the Company's Webs...
5/7/2012ALERT: New Coeur d'Alene Mines SEC Filing
4/25/2012ALERT: New Coeur d'Alene Mines SEC Filing
4/4/2012ALERT: New Coeur d'Alene Mines SEC Filing
3/21/2012ALERT: New Coeur d'Alene Mines SEC Filing
3/6/2012ALERT: New Coeur d'Alene Mines SEC Filing
2/24/2012ALERT: New Coeur d'Alene Mines SEC Filing
2/13/2012ALERT: New Coeur d'Alene Mines SEC Filing
2/3/2012ALERT: New Coeur d'Alene Mines SEC Filing
1/6/2012ALERT: New Coeur d'Alene Mines Item
12/5/2011ALERT: New Coeur d'Alene Mines SEC Filing
5/25/2011Coeur Garners Five Top Safety Awards for Company's National ...
2/3/2011acquisition of beneficial ownership of 5% or more of a clas...
11/13/2008Notified by NYSE of Continued Listing Standards
8/13/2008Initial statement of beneficial ownership of securities
8/12/2008Report of unscheduled material events or corporate changes
8/8/2008Quaterly report which provides a continuing vieww of company...
5/30/2008CFO TO SPEAK AT JPMORGAN 3RD ANNUAL BASICS & INDUSTRIALS CON...
5/20/2008RECEIVES FIVE MAJOR SAFETY AWARDS FOR THE COMPANY'S NATIONAL...
5/14/2008 Report of unscheduled material events or corporate changes
5/13/2008Quaterly report which provides a continuing view of a compan...
4/28/2008 Reports Favorable Exploration Results From Expanded Program...
4/24/2008Present at 7th International Mining Conference
4/21/2008Statement of changes in beneficial ownership of securities
4/21/2008Statement of changes in beneficial ownership of securities
4/18/2008FAQ Regarding Convertible Notes
4/2/2008Official notification to shareholders of matters to be broug...
3/25/2008Statement of changes in bebeficial ownership of securities
3/18/2008ANNOUNCES EXERCISE OF OVER-ALLOTMENT OPTION FOR CONVERTIBLE ...
3/14/2008 Form of prospectus disclosing information, facts, events co...
3/13/2008Free Writting Prospectus
3/13/2008Form of prospectus disclosing information, facts, events cov...
3/13/2008PRICES UPSIZED OFFERING OF $200 MILLION OF CONVERTIBLE SENIO...
3/12/2008 ANNOUNCES PROPOSED OFFERING OF $150 MILLION OF CONVERTIBLE ...
3/12/2008 Initial statement of benefiacial ownership of securities
3/11/2008Report of unscheduled material or corporate changes
2/28/2008REPORTS SIGNIFICANT RESULTS FROM ITS 2007 EXPLORATION PROGRA...
1/21/2008 Initial statement of beneficial ownership of securities
1/15/2008 ADDS KEY MANAGEMENT DEPTH IN MEXICO, BOLIVIA AND ALASKA
1/7/2008Statement of changes in beneficial ownership of securities
12/28/2007Completion of Acquisition
12/21/2007Completes Acquisitions of Bolnisi and Palmarejo
12/8/2007 SHAREHOLDERS APPROVE $1.1 BILLION MERGER WITH BOLNISI GOLD ...
12/5/2007Additional proxy soliciting materials - definitive
12/4/2007 ADJOURNS SPECIAL MEETING OF SHAREHOLDERS TO FRIDAY, DECEMBE...
10/8/2005Follow up N° 5
5/12/2005Peter Zihlman special report
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
NYSE (CDE)FRANKFURT (CDM.F)
5.11-0.68%1.00+0.00%
NYSE
US$ 5.11
05/07 12:39 -0.030
-0.68%
Prev close Open
5.14 5.07
Low High
5.03 5.20
Year l/h YTD var.
2.45 -  5.14 59.69%
52 week l/h 52 week var.
2.01 -  5.14 43.94%
Volume 1 month var.
1,767,828 4.93%
24hGold TrendPower© : -3
Produces Copper - Gold - Lead - Silver - Zinc
Develops Gold - Silver
Explores for Gold - Silver
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 12/28/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
DateVariationHighLow
202456.60%5.472.42
2023-2.98%4.552.00
2022-33.33%5.542.54
2021-51.30%9.9910.17
202029.86%9.951.98
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.52+0.47%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 12.16+0.91%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.61+12.99%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.61-1.14%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.94+0.60%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20-4.76%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.85-1.07%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 50.85-0.02%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :