Timminco Common Shares to be Delisted from TSX

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 01/09/12 -- Timminco Limited ("Timminco") (TSX: TIM) announced that the Toronto Stock Exchange ("TSX") has determined to delist Timminco's common shares effective at the close of market on February 6, 2012. The delisting was imposed due to Timminco's failure to meet the continued listing requirements of the TSX as a result of the commencement of proceedings under the Companies' Creditors Arrangement Act on January 3, 2012 (the "CCAA Proceeding"). Trading in Timminco common shares, which has been suspended since January 3, 2012, will remain suspended until the delisting.

All inquiries regarding the CCAA Proceeding should be directed to the Monitor, FTI Consulting Inc. via email at: , or telephone: (416) 649-8125 or 1 (855) 244-0020 (toll free). Information about the CCAA Proceeding, including copies of all court orders and the Monitor's reports, are available at the Monitor's website .

About Timminco

Timminco produces silicon metal for the chemical (silicones), aluminum and electronics/solar industries, through its 51%-owned production partnership with Dow Corning, known as Quebec Silicon. Timminco is also a producer of solar grade silicon, using its proprietary technology for purifying silicon metal, for the solar photovoltaic energy industry, through Timminco Solar, a division of its wholly owned subsidiary Becancour Silicon.



Contacts:
Timminco Limited
Douglas A. Fastuca
(416) 364-5171
(416) 364-3451 (FAX)


TMX Equicom
Lawrence Chamberlain
(416) 815-0700 ext. 257
(416) 815-0080 (FAX)

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 09.01.2012 - 14:33 Uhr
Sprache: Deutsch
News-ID 102152
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Mining & Metals

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