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Talvivaaran Kaivososakeyhtiö Oyj : Resolutions of Talvivaara Mining Company Plc Annual General Meeting



 Talvivaaran Kaivososakeyhtiö Oyj : Resolutions of Talvivaara Mining Company
                          Plc Annual General Meeting

Stock Exchange Release
Talvivaara Mining Company Plc
2 May 2013

     Resolutions of Talvivaara Mining Company Plc Annual General Meeting

Talvivaara Mining Company Plc  ("Talvivaara" or the  "Company") is pleased  to 
announce that, at the Annual General Meeting  of the Company held at 10:00  am 
today on 2 May 2013, all the resolutions proposed, as set out in the notice of
the meeting to shareholders dated 25 March 2013, were duly passed.

Talvivaara's Annual  General Meeting  approved  the financial  statements  and 
discharged the members of  the Board of Directors  and the CEO from  liability 
for the financial year 2012. Annual General Meeting resolved that no  dividend 
is paid for 2012 and that the loss of the financial period is entered into the
Company's profit/loss account on the balance sheet.

The Board of Directors and the Auditor

As proposed by the Remuneration Committee the Annual General Meeting  approved 
the annual fee payable to the members  of the Board of Directors for the  term 
until the  close of  the Annual  General Meeting  in 2014  to be  as  follows: 
Chairman of the Board of Directors: EUR 120,000/year, Deputy Chairman  (Senior 
Independent Director): EUR 69,000/year, Chairmen of the Board Committees:  EUR 
69,000/year, other  Non-Executive  Directors: EUR  48,000/year  and  Executive 
Directors EUR 48,000/year.

As proposed by the Nomination Committee the Annual General Meeting decided the
number of Board members to  be nine (9) and  as proposed Mr. Tapani  Järvinen, 
Mr. Pekka Perä, Mr. Graham Titcombe,  Mr. Edward Haslam, Ms. Eileen Carr,  Mr. 
Stuart Murray, Mr. Michael Rawlinson  and Ms. Kirsi Sormunen were  re-elected, 
and Ms. Maija-Liisa Friman was elected as a new member to the Board.

It was resolved that the auditor will be reimbursed according to the auditor's
approved invoice. The authorised public accountants PricewaterhouseCoopers  Oy 
was elected  as  the auditor  of  the Company  for  the financial  year  2013. 
PricewaterhouseCoopers Oy  has  confirmed  that  the  auditor  with  principal 
responsibility will be Ms. Ylva Eriksson.

Establishment of the Shareholders' Nomination Panel

As proposed by the Board of  Directors the Annual General Meeting resolved  to 
establish a  Shareholders'  Nomination  Panel to  prepare  proposals  for  the 
election and remuneration of the members of the Board of Directors to  General 
Meetings. In addition, the Annual General  Meeting adopted the Charter of  the 
Shareholders' Nomination Panel.

Resolution to amend article 8 of the Articles of Association

The Annual General Meeting also resolved  to amend article 8 of the  Company's 
Articles of Association to correspond to the changes to be made to the  duties 
of the  Board  Committees  due  to  the  establishment  of  the  Shareholder's 
Nomination Panel and the current practices applied by the Company.

ENQUIRIES

Talvivaara Mining Company Plc Tel: +358 20 7129 800

Pekka Perä, CEO
Saila Miettinen-Lähde, Deputy CEO and CFO

Talvivaara Resolutions of AGM 2013 2 5 2013

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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#1698672
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