Orko Mails Meeting Materials

Orko Mails Meeting Materials 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/18/13 -- Orko
Silver Corp. ("Orko" or the "Company") (TSX
VENTURE:OK)(PINKSHEETS:OKOFF)(FRANKFURT:OG3) announces that it has
obtained an interim order of the court and mailed its information
circular to its shareholders in connection with the special meeting
to take place on April 10, 2013 to consider and vote on the proposed
transaction with Coeur d'Alene Mines Corporation ("Coeur"). The
proposed transaction requires the approval of at least 66 2/3% of the
votes cast by Orko shareholders at the special meeting.  
Included in the information circular is the unanimous recommendation
by the Orko Board of Directors that Orko shareholders vote FOR the
Arrangement.  
The transaction involves the acquisition by Coeur of all of the
issued and outstanding common shares of Orko (the "Orko Shares") by
way of a plan of arrangement (the "Arrangement"). Under the terms of
the Arrangement, Orko shareholders may elect to receive in exchange
for each Orko Share: 


 
--  0.0815 common shares of Coeur ("Coeur Shares") and C$0.70 cash and
    0.01118 warrants to purchase Coeur Shares ("Coeur Warrants"); 
--  0.1118 Coeur Shares and 0.01118 Coeur Warrants, subject to pro-ration as
    to the number of Coeur Shares if the total number of Coeur Shares
    elected by Orko shareholders exceeds approximately 11.6 million; or 
--  C$2.60 in cash and 0.01118 Coeur Warrants, subject to pro-ration as to
    the amount of cash if the total cash elected by Orko shareholders
    exceeds C$100 million. 

 
Following announcement of the Arrangement, Coeur and Orko have agreed
to certain changes to the proposed transaction which are described in
the information circular. In particular, the parties agreed not to
proceed with an exchangeable share structure. In addition, the
parties agreed that the Coeur Warrants will be exercisable on a
cashless basis only. This means that, on exercise of Coeur Warrants,
the holder will receive that number of Coeur Shares equal to the
in-the-money amount of the Coeur Warrants at the time of exercise
divided by the market price of the Coeur Shares at time of exercise,
all as described in greater detail in the information circular. As a
result of the cashless exercise feature, Coeur will no l
onger be
required to file an S-1 registration statement in respect of the
Coeur Shares underlying the Coeur Warrants, such that the Coeur
Warrants will be exercisable immediately upon closing for a period of
four years.  
The proposed transaction contemplates that the Coeur Shares and Coeur
Warrants issued upon consummation of the Arrangement will be exempt
from the registration requirements of the United States Securities
Act of 1933, as amended (the "Securities Act") pursuant to Section
3(a)(10) thereof and the issuance of the Coeur Shares upon the
exercise of the Coeur Warrants will be exempt from the registration
requirements of the Securities Act pursuant to Section 3(a)(9)
thereof. Consequently, the Coeur Shares, Coeur Warrants and Coeur
Shares issued upon the exercise of the Coeur Warrants will not be
registered under the Securities Act or under any U.S. state
securities laws. This news release shall not constitute an offer to
sell or a solicitation of an offer to purchase the Coeur Shares or
Coeur Warrants or any other securities, and shall not constitute an
offer, solicitation or sale in any jurisdiction, province or state in
which such an offer, solicitation or sale would be unlawful.  
Attention Orko shareholders:  
Be sure to vote your proxy before Monday, April 8, 2013 at 10:00 AM
(Vancouver Time)  
For more information and assistance in voting your proxy, please
contact Kingsdale Shareholder Services Inc. at 1-888-518-6812 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. 
ON BEHALF OF THE BOARD OF ORKO SILVER CORP.  
Gary Cope President & CEO 
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 and the various steps thereto,
including filing and mailing of shareholder documents and holding a
shareholder meeting, the value of Orko shares and the value or
liquidity of Coeur Shares or Coeur Warrants. 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 undertakes 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.
Contacts:
Orko Silver Corp.
604.687.6310
www.orkosilver.com 
Kingsdale Shareholder Services
Wes Hall
(416) 867-2342
contactus@kingsdaleshareholder.com
 
 
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