Nevoro Inc (TSX:NVR)
Shares Issued 75,163,585
Last Close 6/3/2008 $0.42
Wednesday June 04 2008 - News Release
Mr. William Schara reports
NEVORO INC. PROVIDES UPDATE ON "BEST EFFORTS" PRIVATE PLACEMENT
Nevoro Inc. is providing an update on the best-efforts private placement previously announced by the company in Stockwatch on April 28, 2008, and on May 28, 2008.
The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals including the approval of the Toronto Stock Exchange (the "TSX") and the approval of a majority of the Company's shareholders pursuant to section 607(g)(i) of the TSX Company Manual (with written evidence of such approval being provided to the TSX).
As previously announced, the Offering is expected to close on or about June 11, 2008, but in no event will the Offering close until after the completion of the Aurora Platinum Exploration Inc. (previously Aurora Metals (BVI) Limited) transaction announced by the Company, on April 17, 2008 (the "Aurora Transaction").