|
|||
2014-03-26 14:26:16 CET 2014-03-26 14:27:13 CET REGULATED INFORMATION Talvivaaran Kaivososakeyhtiö Oyj - Company AnnouncementChanges in the time schedule of Talvivaara's corporate reorganisationStock Exchange Release Talvivaara Mining Company Plc 26 March 2014 Changes in the time schedule of Talvivaara's corporate reorganisation The district court of Espoo has today decided to extend the deadlines for reports on the financial status of Talvivaara Mining Company Plc (the "Company") and Talvivaara Sotkamo Ltd until 11 April 2014 as applied by the administrator of the corporate reorganization. According to the previous ruling of the court on 17 January 2014 the reports were to be submitted by 28 March 2014. As previously announced, the Companytogether with the administrator is in active discussions regarding additional financing solution and the progress and results of these discussions are seen as having a material impact on the contents of the reports. Enquiries Talvivaara Mining Company Plc Tel +358 20 7129 800 Pekka Perä, CEO Saila Miettinen-Lähde, Deputy CEO and CFO Pekka Jaatinen, Attorney-at-Law Tel. +358 20 7765 765 Castrén & Snellman Attorneys Ltd 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. [HUG#1771906] |
|||
|