Talvivaaran Kaivososakeyhtiö Oyj - Inside information

Talvivaara Mining Company Plc: The District Court of Espoo confirmed Talvivaara's Corporate Restructuring Programme

Stock Exchange Release
Talvivaara Mining Company Plc
2 June 2017


   The District Court of Espoo confirmed Talvivaara's Corporate Restructuring
Programme - the development of Talvivaara's new businesses and acquiring finance
                                   continues



Talvivaara Mining Company Plc ("Talvivaara" or the "Company") announces that the
District  Court of  Espoo has  today 2 June  2017 given its ruling and confirmed
Talvivaara's  Corporate Restructuring  Programme. The  Court also accepted entry
into  force of the Programme despite the  possible appeal process.As a result of
the  ruling, the  corporate reorganization  proceedings of  Talvivaara have been
completed.

The  Administrator of the Company's corporate reorganization proceedings filed a
request  for confirmation  of the  Restructuring Programme  of Talvivaara to the
District Court of Espoo on 6 March 2017, when all the special conditions set for
the  confirmation  and  entry  into  force  of  the Restructuring Programme were
fulfilled.

Talvivaara  focuses  now  in  developing,  commercializing and financing its new
business  opportunities and managing the EUR  9,6 million liabilities set in the
confirmed  Restructuring Programme. After the  confirmation of the Restructuring
Programme,  acquiring additional finance  for the new  businesses and for paying
the  restructuring debts can  proceed in accordance  with the plan. According to
the  Restructuring Programme confirmed by the District Court, Talvivaara has two
years to pay the secured and unsecured restructuring debts to the creditors.

The Company will inform the market on the development of its selected businesses
and business opportunities in due course.

The   District  Court  of  Espoo's  ruling  on  confirmation  of  the  Corporate
Restructuring and the confirmed Restructuring Programme are available in Finnish
on   the   Talvivaara   corporate   website   at   www.talvivaara.com/corporate-
reorganisation.



Enquiries
Talvivaara Mining Company Plc Tel +358 20 7129 800
Pekka Perä, CEO
Pekka Erkinheimo, Debuty CEO

Castrén & Snellman Attorneys Ltd Tel 020 7765765
Pekka Jaatinen, Attorney-at-Law


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Attachments:

District Court of Espoo confirmed Talvivaara s Corp Restruct. Prog..pdf