SOURCE: Aurora Platinum Exploration Inc.

June 06, 2008 17:42 ET

Aurora Platinum Exploration Inc. and Nevoro Inc. Announce Plan of Arrangement Receives Court Approval

VANCOUVER, BC--(Marketwire - June 6, 2008) - Further to the press release of June 5, 2008, Aurora Platinum Exploration Inc. (OTCBB: AUPXF), formerly Aurora Metals (BVI) Limited, ("Aurora") and Nevoro Inc. ("Nevoro") announced today that the Supreme Court of British Columbia approved the statutory plan of arrangement (the "Arrangement") under British Columbia law involving Aurora, Nevoro Platinum Inc. and Nevoro.

The completion of the Arrangement remains subject to satisfaction or waiver of certain other conditions specified in the arrangement agreement entered into between Aurora, Nevoro Platinum Inc. and Nevoro. If these conditions are satisfied or waived, the Arrangement is expected to be completed and become effective on or about June 10, 2008, after which Aurora shareholders will be entitled to receive the consideration payable under the Arrangement.

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 press release 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 results and could cause actual results to differ materially from those expressed or implied 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 information statements, 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 should not be construed as an offer to solicit, buy, or sell any security.

Contact Information

  • For further Information, please contact:

    Cameron Richardson
    Phone: 1 (604) 617-3168
    Email: Email Contact