Coeurs Stock and Cash Proposal Represents a Premium of Approximately 20% to the Current Implied Value of the First Majestic All-Stock Offer Should First Majestic Exercise its Matching Right by Tuesday at Midnight, Coeur Believes Orkos Upcoming Special Meeting Should be Postponed to Allow Orko Shareholders Time to Compare the Two Proposals
Orex Minerals Inc. announces that it is undertaking a non-brokered private placement for gross proceeds of up to $20,000,000. The Offering consists of up to 40,000,000 common shares at a price of $0.50 per share. Orex expects the Offering to close on or about March 30, 2013.
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