|
|||
![]() |
|||
2010-07-14 13:15:03 CEST 2010-07-14 13:15:24 CEST REGULATED INFORMATION Talvivaaran Kaivososakeyhtiö Oyj - Company AnnouncementTALVIVAARA SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS 2007ASTOCK EXCHANGE RELEASE Talvivaara Mining Company Plc 14 July 2010 TALVIVAARA SHARE SUBSCRIPTIONS BASED ON STOCK OPTIONS 2007A A total of 131 000 Talvivaara Mining Company Plc 's new shares were subscribed for during the period between May 1, 2010 and June 30, 2010 under the company's stock option rights 2007A. The entire subscription price of EUR 339 971.67 will be entered in the paid-in capital. As a result of the share subscriptions, the number of Talvivaara Mining Company Plc shares will increase to 245 311 718. The shares subscribed for under the stock options were registered in the Trade Register on July 14, 2010, as of which date the new shares will establish shareholder rights. Trading in the new shares will begin on NASDAQ OMX Helsinki on July 15, 2010. The share subscription period for stock options 2007A is between April 1, 2010 and March 31, 2012. By June 30, 2010 a total of 135 000 Talvivaara Mining Company Plc 's new shares were subscribed for under the stock option rights 2007A and a total of 2 198 100 stock option rights 2007A remain unexercised. The terms and conditions of Talvivaara Stock Options 2007 with additional information are available on www.talvivaara.com <http://www.talvivaara.com> or www.evli.com/web/FI/en/private-clients-and-companies/other-services/incentive-pr ograms/talvivaara<http://www.evli.com/web/FI/en/private-clients-and-companies/other-services/ince ntive-programs/talvivaara> Enquiries: Talvivaara Mining Company Plc Tel: +358 20 712 9800 Pekka Erkinheimo, Chief Commercial Officer Saila Miettinen-Lähde, Chief Financial Officer 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 sufficient to support anticipated production for at least 46 years. 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 arrangement with Nyrstar NV. Talvivaara is listed on the London Stock Exchange Main Market and Nasdaq OMX Helsinki and is included in the FTSE 250 Index. Further information can be found at www.talvivaara.com. [HUG#1431490] |
|||
|