| ||September 10, 2010|
Orko Engages New Investor Relations Consultant
| ||Vancouver, B.C. - Orko Silver Corp. - (OK: TSX-V) ("Orko" ) is pleased to announce that it has engaged Zone Capital Partners, LLC ("ZCP") to provide financial consulting services to Orko pursuant to a consulting agreement dated September 9, 2010 (the "Agreement").|
In accordance with the Agreement, ZCP's duties will include completing an analysis and summary report of Orko's business and industry for distribution to potential investors, underwriters and business partners, and assisting in efforts to seek additional business relationships which will be of benefit to Orko.
ZCP will be paid a fee of $10,000 USD per month for a period of 180 days for its services. The Agreement is renewable upon mutual agreement of Orko and ZCP. Orko has also granted incentive stock options to ZCP to purchase 200,000 shares in the capital of Orko for a period of two years at a price of $1.70 per share, subject to any required regulatory and shareholder approvals and conditions. The options have been granted under the terms of Orko's incentive stock option plan. The options will vest at a rate of 25% quarterly over a period of 12 months, so that the stock options will be fully vested one year after the date of the Agreement.
About Zone Capital Partners, LLC:
ZCP is a consulting firm based in Laguna Hills, California that specializes in creating value for small and mid capitalization growth companies. The firm is actively involved in all aspects of its client companies' growth which include: strategic planning, business model development, corporate reorganization, corporate debt restructuring, placement of senior management, capital optimization and institutional road shows. ZCP is arms-length to Orko and we believe it does not have any interest, directly or indirectly, in Orko or its securities, or any right or intent to acquire such an interest, other than the stock options granted to ZCP pursuant to the Agreement.
About Orko Silver Corp:
Orko Silver Corp. is developing one of the world's largest primary silver deposits, La Preciosa, located near the city of Durango, in the State of Durango, Mexico.
Certain of the statements made and information contained herein, including the use of proceeds, is "forward-looking information" within the meaning of applicable Canadian securities legislation or "forward-looking statements" within the meaning the Securities Exchange Act of 1934 of the United States. Generally, these forward-looking statements or information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to foreign currency fluctuations; risks inherent in mining including environmental hazards, industrial accidents, unusual or unexpected geological formations, ground control problems and flooding; risks associated with the estimation of mineral resources and reserves and the geology, grade and continuity of mineral deposits; the possibility that future exploration, the potential for unexpected costs and expenses, commodity price fluctuations; uncertain political and economic environments; changes in laws or policies, foreign taxation, delays or the inability to obtain necessary governmental permits; and other risks and uncertainties, including those described under risk factors in Orko's management discussion and analysis. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. The forward-looking information contained herein is presently for the purpose of assisting investors in understanding Orko's plans and objectives and may not be appropriate for other purposes. Accordingly, readers are advised not to place undue reliance on forward-looking statements.
Orko Silver Corp.
For further information, contact Orko Silver Corp. at (604) 687-6310 or via our website on line at www.orkosilver.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
You can view the Next News Releases item: Mon Sep 13, 2010, Orko Silver Provides Update on Non-Brokered Private Placement
You can view the Previous News Releases item: Wed Sep 8, 2010, Orko Silver Increases Private Placement To $14 Million
You can return to the main News Releases page, or press the Back button on your browser.