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Orko and Coeur Announce Election Report

  Orko and Coeur Announce Election Report

Business Wire

VANCOUVER, British Columbia & COEUR D’ALENE, Idaho -- April 11, 2013

Orko Silver Corp. ("Orko") (TSX-V: OK) (Frankfurt: OG3) (OTCUS: OKOFF) and
Coeur d'Alene Mines Corporation ("Coeur") (NYSE: CDE) (TSX: CDM) 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.

Contact:

Orko
Orko Silver Corp, 604-687-6310
www.orkosilver.com
or
Kingsdale Shareholder Services
Wes Hall, 416-867-2342
or
Coeur
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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