Nevoro Updates on the Proposed Acquisition of Aurora Platinum Exploration Inc.
More News related to AUPXF
Nevoro Updates on the Proposed Acquisition of Aurora Platinum Exploration Inc.
Aurora Platinum Exploration Inc. and Nevoro Inc. Announce Plan of Arrangement Receives Court Approval
Aurora Platinum Exploration Inc. Shareholders Approve Plan of Arrangement
More News related to AUPXF
More News related to NVR
Nevoro Updates on the Proposed Acquisition of Aurora Platinum Exploration Inc.
Nevoro Updates on the Proposed Acquisition of Aurora Platinum Exploration Inc.
Matrix USA Rating Changes 6/3
Aurora Metals (BVI) Limited Continues to British Columbia and Changes Name
Nevoro to Acquire Sheffield Resources Ltd. and the Moonlight Copper Project With Current NI 43-101 Copper, Gold and Silver Resources
More News related to NVR
More News related to Press Releases
WWE(R) Fans Win RAW(R) Money
DemandTec Launches Funds Tracker Software Service on the DemandTec TradePoint Network(TM)
Picarro Strengthens Management Team With Two Key Additions
Parlay Entertainment to Power New Tain Bingo Network
Parlay Entertainment to Power New Tain Bingo Network
More News related to Press Releases
June 6, 2008 5:56 PM EDT
TORONTO, ONTARIO--(Marketwire - June 6, 2008) - Nevoro Inc. ("Nevoro") (TSX: NVR) is pleased to announce that Aurora Platinum Exploration Inc., (formerly Aurora Metals (BVI) Limited), (OTCBB: AUPXF) ("Aurora") has received approval, of its common shareholders at its special shareholders meeting held yesterday (the "Meeting"), 97 % of the votes cast by the Aurora Shareholders voting in person or by proxy at the Meeting were voted in favour of the special resolution approving the previously announced statutory arrangement (the "Arrangement") under British Columbia law involving Aurora, Nevoro and Nevoro Platinum Inc. Pursuant to the approval received at the Meeting held yesterday, Aurora, today, received the approval of the Supreme Court of British Columbia for the Arrangement, under Section 288 of the Business Corporations Act (British Columbia).
About Nevoro
Nevoro is a TSX-listed exploration and development company focused on the discovery of precious and base metal in the western USA. In addition to the proposed purchase of Aurora Nevoro intends to acquire Sheffield Resources Ltd. Nevoro also holds 13 gold projects in Nevada and Idaho.
CAUTIONARY STATEMENT: This press release contains certain forward-looking information, including future oriented financial information. This information relates to future events or future performance and reflects management's expectations and assumptions regarding the growth, results of operations, performance and business prospects and opportunities of Nevoro. Such forward-looking information reflects management's current beliefs and is based on information currently available to management of Nevoro. In some cases, forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential", "continue" or the negative of these terms or other similar expressions concerning matters that are not historical facts. Forward-looking information in this new release includes but is not limited to, economic performance of Nevoro and of the combined company, statements regarding potential mineralization and reserve explorations and future plans and objectives of Nevoro, including exploration and development. Forward-looking information involves significant risks and uncertainties. A number of factors could cause actual events or results to differ materially from the events and results discussed in the forward-looking information including risks related to investments, conditions of capital markets, economic conditions, dependence on key personnel, interest rates, regulatory change and availability of future financing. These factors should not be considered exhaustive. In addition, in evaluating this information, investors should specifically consider various factors, including risk factors which may cause actual events or results to differ materially from any forward-looking statement. In formulating forward-looking information herein, management has assumed that business and economic conditions affecting Nevoro will continue substantially in the ordinary course, including without limitation with respect to general levels of economic activity, regulations, taxes, interest rates and that there will be no material changes. Although the forward-looking information is based on what management of Nevoro considers to be reasonable assumptions based on information currently available to it, there can be no assurance that actual events or results will be consistent with this forward-looking information, and management's assumptions may prove to be incorrect. This forward-looking information is made as of the date of this press release, and Nevoro does not assume any obligation, except as required by law, to update or revise them to reflect new events or circumstances. Undue reliance should not be placed on forward looking information.
FOR FURTHER INFORMATION PLEASE CONTACT:
Nevoro Inc.
William Schara
President & CEO
(416) 363-8238 ext. 224
Email: wschara@nevoro.com
Nevoro Inc.
Steven Dawson
Vice President, Corporate Development
(416) 363-8238 ext. 222
Email: sdawson@nevoro.com
Website: www.nevoro.com
