Talvivaara has been granted time until 29 November 2013 to provide additional information concerning its application for corporate reorganisation
Talvivaara Mining Company Plc
26 November 2013
Talvivaara has been granted time until 29 November 2013 to provide additional
information concerning its application for corporate reorganisation
On 15 November 2013, Talvivaara Mining Company Plc ("Talvivaara") and Talvivaara
Sotkamo Ltd filed applications for corporate reorganisation pursuant to the
Finnish Corporate Reorganization Act. Today, 26 November 2013, the companies
have been granted until 4:15 p.m. EET on Friday, 29 November 2013 to provide
certain additional information to the 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
Talvivaara granted time until 29 Nov 13 for additional information:
http://hugin.info/136227/R/1745767/587585.pdf
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Source: Talvivaaran Kaivososakeyhtiö Oyj via GlobeNewswire
[HUG#1745767]