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Oravana Reports Strike Action in Bolivian Mine

Orvana Minerals Corp. (ORV.TO) announces that on April 10, 2013 it received a notice of a strike at its Don Mario Upper Mineralized Zone open-pit mine in Bolivia. This has led to production being halted in a peaceful and orderly manner.

The strike is related to the demand by the union for certain payments alleged to be owed to union employees in respect of two periods between 2002 and 2012 which payments were not part of the labour agreement at those times.

Orvana is dealing with this strike in accordance with Bolivian labour laws and is working with the union to resolve these matters in an orderly and efficient manner, the company said in a statement.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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