Talvivaara Mining Company Plc: Decision of the district court on Talvivaara Sotkamo Ltd's bankr

Talvivaara Mining Company Plc: Decision of the district court on Talvivaara Sotkamo Ltd's bankruptcy application

ID: 350514

(Thomson Reuters ONE) -


Stock Exchange Release
Talvivaara Mining Company Plc
6 November 2014






Decision of the district court on Talvivaara Sotkamo Ltd's bankruptcy
application



The district court of Espoo has today decided to declare the operating
subsidiary of Talvivaara Mining Company Plc ("Talvivaara"), Talvivaara Sotkamo
Ltd. ("Talvivaara Sotkamo") bankrupt upon Talvivaara Sotkamo's application. The
reorganization proceedings of Talvivaara Sotkamo shall simultaneously cease.The
District Court appointed Attorney-at-Law Mr. Jari Salminen from the law firm JB
Eversheds Oy as the estate administrator in respect of the bankruptcy
proceedings.

The listed parent company Talvivaara will provide services for the bankruptcy
estate of Talvivaara Sotkamo and continue its operations for the time being with
the target of securing sufficient financing to acquire the mining operations and
associated assets and rights from the bankruptcy estate of Talvivaara Sotkamo.



Enquiries

Talvivaara Mining Company Plc Tel +358 20 7129 800

Pekka Perä, CEO

Pekka Erkinheimo, Deputy CEO




District court decision on Talvivaara Sotkamo bankruptcy:
http://hugin.info/136227/R/1869594/657385.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1869594]






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Bereitgestellt von Benutzer: hugin
Datum: 06.11.2014 - 19:18 Uhr
Sprache: Deutsch
News-ID 350514
Anzahl Zeichen: 2056

contact information:
Town:

Espoo



Kategorie:

Business News



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"Talvivaara Mining Company Plc: Decision of the district court on Talvivaara Sotkamo Ltd's bankruptcy application"
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Talvivaaran Kaivososakeyhtiö Oyj (Nachricht senden)

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