Nevoro to Acquire Aurora Metals (BVI) Limited
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ROAD TOWN, BRITISH VIRGIN ISLANDS, Apr 17 (MARKET
WIRE) --
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
arrangementwhereby 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.
ON BEHALF OF THE BOARD
"Cameron Richardson"
Cameron Richardson
President, CEO and Director
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains statements that plan for or anticipate the
future, called "forward-looking statements." In some cases, you can identify
forward-looking statements by terminology such as "may," "will," "should,"
"could," "expects," "plans," "intends," "anticipates," "believes," "estimates,"
"predicts," "potential" or "continue" or the negative of those terms and
other comparable terminology.
These forward-looking statements appear in a number of places in this
pressrelease and include, but are not limited to, statements about: our market
opportunity; revenue generation; our strategies; competition; expected
activities
and expenditures as we pursue our business plan; the adequacy of our
available cash resources; our ability to acquire properties on commercially
viable terms; challenges to our title to our properties; operating or
technical difficulties in connection with our exploration and development
activities; currency fluctuations; fluctuating market prices for precious and
base
medals; the speculative nature of precious and base medals exploration and
development activities; environmental risks and hazards; governmental
regulations;
and conduct of operations in politically and economically less developed
areas of the world.
Many of these contingencies and uncertainties can affect our actual
resultsand could cause actual results to differ materially from those expressed
orimplied in any forward-looking statements made by, or on behalf of, us.
Forward-looking statements are not guarantees of future performance. All of
the forward-looking statements made in this press release are qualified by these
cautionary statements. Specific reference is made to our most recent annual
report on Form 20-F and other filings made by us with the United States
Securities and Exchange Commission for more detailed discussions of the
contingencies and uncertainties enumerated above and the factors underlying
the forward-looking statements. These reports and filings may be inspected
and copied at the Public Reference Room maintained by the U.S. Securities &
Exchange
Commission at 100 F Street, N.E., Washington, D.C. 20549. You can obtain
information about operation of the Public Reference Room by calling the U.S.
Securities & Exchange Commission at 1-800-SEC-0330. The U.S. Securities &
Exchange
Commission also maintains an Internet site that contains reports, proxy and
informationstatements, and other information regarding issuers that file
electronically
with the U.S. Securities & Exchange Commission at http://www.sec.gov.
We disclaim any intention or obligation to update or revise any
forward-looking statements whether as a result of new information, future events
or otherwise, except to the extent required by applicable laws.
This press release is for informational purposes only and is not and
shouldnot be construed as an offer to solicit, buy, or sell any security.
For further information, please contact:
Cameron Richardson
Phone: 1 (604) 617-3168
Email: Email Contact
Copyright 2008, Market Wire, All rights reserved.
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