Coeur d'Alene, Idaho – April 16, 2013 – Coeur d'Alene Mines Corporation ("Coeur") (NYSE: CDE) (TSX: CDM) today announced the completion of its acquisition of Orko Silver Corp. ("Orko") pursuant to its previously announced plan of arrangement.

"We are excited to complete the acquisition of Orko and look forward to developing La Preciosa into a world-class silver mine that generates an attractive rate of return for shareholders over a long mine life," said Mitchell J. Krebs, Coeur's President and Chief Executive Officer. "I would like to welcome Orko's shareholders to Coeur and look forward to capitalizing on our opportunities for building value in a disciplined way for all Coeur shareholders."

As a result of the completion of the arrangement, Coeur now owns all of the issued and outstanding shares of Orko. As consideration, Coeur paid a total of CAD $100 million in cash and issued an aggregate 11,572,918 common shares of Coeur and 1,588,768 warrants to acquire common shares of Coeur.

Also as a result of the completion of the transaction, the Orko shares will be de-listed from the TSX Venture Exchange. If they have not already done so, registered Orko shareholders should complete and submit their letter of transmittal, together with the certificate(s) representing their Orko shares and any other required documents and instruments, to the depositary, Computershare Trust Company of Canada, to receive the consideration to which they are entitled under the plan of arrangement. Orko shareholders who hold their Orko shares through a broker or other intermediary should contact that broker or other intermediary for instructions and assistance in receiving the consideration to which they are entitled under the plan of arrangement.

Former Orko shareholders with questions regarding the plan of arrangement can contact Kingsdale Shareholder Services Inc. toll free in North America at (888) 518-6812 or call collect outside North America at (416) 867-2272 or by email atcontactus@kingsdaleshareholder.com.