Nevoro to Acquire Aurora Metals (BVI) Limited
Apr 17, 2008 2:43:00 PM
View Additional ProfilesROAD TOWN, BRITISH VIRGIN ISLANDS -- (MARKET WIRE) -- 04/17/08 -- Aurora Metals (BVI) Limited (OTCBB: AURMF) (the "Company," "Aurora Metals") announced today that it has entered into an arrangement agreement with Nevoro Inc. (TSX: NVR) pursuant to which Nevoro will acquire 100% of the common shares of Aurora by way of a shareholder and court approved plan of arrangement whereby each Aurora common share will be exchanged for one Nevoro common share. Holders of more than 50% of the outstanding common shares of Aurora have entered into voting agreements with Nevoro pursuant to which they have agreed, among other things, to vote their common shares in favour of the plan of arrangement. The plan of arrangement is expected to complete on or before July 31, 2008.
A copy of the Nevoro news release describing the terms of the transaction and Nevoro's assessment of Aurora's Stillwater's Project, can be viewed at Nevoro Inc. website at www.nevoro.com.
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"Cameron Richardson"
Cameron Richardson
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