Welcome To The Orko Silver HUB On AGORACOM
103 million oz Silver Equivalent to date
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Close

Message: Provides Clarification of Joint Venture Agreement

Reply New Message
« Prev Message Back To Forum Go to Threaded View Next Message »
2nd shots 1 002
Clavis
Rank: [?]
President
Points: [?]
23987
Rating: [?]
Votes: 222 Score: 3.5
  • Currently 3.6/5 Stars.
Your Vote:
Please Log In to Vote
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Provides Clarification of Joint Venture Agreement

posted on Apr 16, 09 08:31AM
April 16, 2009
Orko Silver Provides Clarification of Joint Venture Agreement
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 16, 2009) - Orko Silver Corp. ("Orko") (TSX VENTURE:OK) wishes to clarify the confusion surrounding the terms of the Joint Venture agreement announced in a joint press release with Pan American Silver Corp. dated April 14, 2009.

Pan American Silver Corp. and Orko Silver Corp. have reached an agreement for the joint development of Orko Silver's La Preciosa silver project.

Under the terms of the Joint Venture agreement:

Pan American Silver will contribute 100% of the necessary funds to develop La Preciosa to production to acquire 55% interest in the project. Orko Silver retains a 45% interest carried to production.

In addition, Pan American Silver is undertaking a private placement of 4,000,000 common shares of Orko at a purchase price of CDN $1.25 per share, with certain anti-dilution and pre-emptive rights to participate in future financings of Orko.

About Orko Silver

Orko Silver Corp. is developing one of the world's largest primary silver deposits, La Preciosa, located near the city of Durango, Mexico.

ON BEHALF OF THE BOARD OF DIRECTORS

Gary Cope, President
Reply New Message
« Prev Message Back To Forum Go to Threaded View Next Message »

New Message

Please login to post a reply

Agoracom TV
Check out Agoracom's daily, fast-paced, newscast on the morning's top Small-Cap newsmakers
Featured News
Get top news releases from the Small-Cap world
Blog
Follow George Tsiolis's Small-Cap and Micro-Cap 2.0 Blog

Mesh With Us On The Web's Top Social Networking Sites

YouTube Facebook Twitter Picasa LinkedIn FriendFeed iTunes

Find Our Content Throughout The Web With Our New Media Partners

RIM AOL Yahoo ReportonBusiness

AGORACOM Quick Tips

Small & Micro Cap 2.0 Blog by George Tsiolis ... Read it Now
Click To Watch Today's Show

President's D.D.

New feature: Hub Presidents can add important links here.

Stock Quote

Open OK:CA Stock Quote

Investment Ideas

Like Orko Silver? Then you might also be interested in McLaren Resources

McLaren Resources
  • Blue Quartz Property surrounded by numerous past and presently productive gold mines
  • Black Fox mine (Brigus Gold), the Hislop mine ( St Andrews Goldfields)
  • Recent Drill Results include 63m of 1.21 g\t gold and 2m of 13.95 g/t gold

Hub Leaders

Buckyball-3-small
Red~One
Generic_tiny
evenpar