Done and doneOro Silver Resources Ltd.
TSX VENTURE:
OSR
Oct 13, 2010 13:00 ET
Oro Silver Securityholders Approve Transaction With Oro Gold Resources Ltd.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 13, 2010) - Oro Silver Resources Ltd.("Oro Silver") (TSX VENTURE:OSR) is pleased to announce thesecurityholders of Oro Silver have approved the previously announcedmerger of Oro Silver with Oro Gold Resources Ltd. pursuant to a plan ofarrangement under the British Columbia Business Corporations Act(the "Arrangement"). At the annual general and special meeting of OroSilver held on October 12, 2010, an aggregate of 23,694,385 securitieswere voted in favour of a special resolution approving the Arrangement,representing 98.76% of the votes cast.
Completion ofthe Arrangement remains subject to the approval of the British ColumbiaSupreme Court, TSX Venture Exchange and other customary closingconditions. Application to the Court for the Final Order approving theArrangement is expected to be made on October 18, 2010.
ON BEHALF OF THE BOARD OF DIRECTORS,