Incorrect information in the Finnish press concerning Talvivaara's application for corporate reorganisation
26.11.2013 | Globenewswire Europe
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Talvivaara Mining Company Plc
26 November 2013
Incorrect information in the Finnish press concerning Talvivaara's application
for corporate reorganisation
Due to incorrect information in the Finnish press, Talvivaara Mining Company Plc ("Talvivaara") announces that there has been one withdrawal from the
support, by Nyrstar Sales and Marketing AG, to the application for corporate
reorganisation by Talvivaara Sotkamo Ltd. The Espoo District Court has received
no other withdrawals.
Talvivaara continues assessing the situation in good cooperation with the Espoo
District Court.
Enquiries
Talvivaara Mining Company Plc Tel +358 20 7129 800
Pekka Perä, CEO
Saila Miettinen-Lähde, Deputy CEO and CFO
Talvivaara Mining Company Plc
Talvivaara Mining Company is an internationally significant base metals producer
with its primary focus on nickel and zinc using a technology known as
bioheapleaching to extract metals out of ore. Bioheapleaching makes extraction
of metals from low grade ore economically viable. The Talvivaara deposits
comprise one of the largest known sulphide nickel resources in Europe. The ore
body is estimated to support anticipated production for several decades.
Talvivaara has secured a 10-year off-take agreement for 100 per cent of its main
output of nickel and cobalt to Norilsk Nickel and entered into a long-term zinc
streaming agreement with Nyrstar. Talvivaara is listed on the London Stock
Exchange Main Market and NASDAQ OMX Helsinki. Further information can be found
at www.talvivaara.com
Incorrect info in Finnish press concerning Talvivaara's corp. reorg:
http://hugin.info/136227/R/1745783/587597.pdf
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Source: Talvivaaran Kaivososakeyhtiö Oyj via GlobeNewswire
[HUG#1745783]