Talvivaara Mining Company Plc: Nyrstar has reinstated its support for reorganization application of Talvivaara Sotkamo Ltd

GlobeNewswire

Stock exchange release
Talvivaara Mining Company Plc
16 December 2013

Nyrstar has reinstated its support for reorganization application of Talvivaara Sotkamo Ltd

Talvivaara Mining Company Plc (the "Company") and Talvivaara Sotkamo Ltd applied for a corporate reorganization on 15 November 2013 by filing related applications with the district court of Espoo, Finland. On 29 November 2013 the district court decided to commence the corporate reorganization process in respect of Talvivaara Mining Company Plc. Talvivaara Sotkamo Ltd was granted time until 18 December 2013 to supplement its application for corporate reorganization. Today Nyrstar Sales & Marketing AG has reinstated its support for the corporate reorganisation application.

The Company will liaise with the district court of Espoo on the next steps and will inform the market of them without delay.

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.

Nyrstar has reinstated its support Dec 16 2013


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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Talvivaaran Kaivososakeyhtiö Oyj via GlobeNewswire
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