Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara CEO Mr. Pekka Perä, Explores Potential Sales of Shares and Subscription Rights Stock Exchange Release Talvivaara Mining Company Plc 20 March 2013 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Talvivaara Mining Company, CEO Mr.Pekka Perä, Explores Potential Sales of Shares and Subscription Rights As disclosed in the shareholders' circular dated 14 February 2013 and the prospectus dated 12 March 2013, Pekka Perä, the CEO of Talvivaara Mining Company Plc, has agreed to attempt to raise funds through borrowing, the sale of his shares, the sale of subscription rights allocated to him, or by other means, in order to subscribe for new shares in excess of his pre-existing commitment to subscribe EUR 5 million worth of new shares at the subscription price in the rights issue announced by Talvivaara on 8 March 2013. Mr. Perä has informed Talvivaara that he continues to explore a range of alternatives, including selling shares or subscription rights into the market. Enquiries Talvivaara Mining Company Plc Tel +358 20 7129 800 Pekka Perä, Chief Executive Officer 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 NV. Talvivaara is listed on the London Stock Exchange Main Market and NASDAQ OMX Helsinki. Further information can be found at www.talvivaara.com. DISCLAIMER The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Investors must neither accept any offer for, nor acquire, any securities to which this announcement refers, unless they do so on the basis of the information contained in the applicable Prospectus published or distributed by Talvivaara. The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, Hong Kong, South Africa or Japan. These written materials do not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration as provided in the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. There is no intention to register any portion of the offering in the United States or to conduct a public offering of securities in the United States. CEO Pekka Perä, Explores Potential Sales of Shares&Subscription Rights ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE HUG#1686773
Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara CEO Mr. Pekka Perä, Explores Potential Sales of Shares and Subscription Rights
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