Talvivaara Mining Company Plc: The District Court has granted an extension to the deadline for re-submitting the proposal for reorganisation programme
(Thomson Reuters ONE) -
Stock Exchange Release
Talvivaara Mining Company Plc
30 January 2015
The District Court has granted an extension to the deadline for re-submitting
the proposal
for Talvivaara's reorganisation programme
The District Court of Espoo has granted an extension to the deadline for re-
submitting the proposal for the reorganisation programme of Talvivaara Mining
Company Plc ("Talvivaara" or the "Company") until 13 March 2015, as applied by
the Administrator.
Talvivaara evaluates possibilities of participating in the operations of the new
mining company in connection with the bankruptcy estate of Talvivaara Sotkamo
deciding on the sale of the Sotkamo mine to a new operator.
Talvivaara's ability to continue its operations on going concern basis and the
content of the supplemented reorganisation programme will be based on the role
that the Company may have in the future operations of the mine. This potential
role can only be defined when the Talvivaara Sotkamo bankruptcy estate has
agreed on the sale of the mine and the identity of the future operator is known.
Enquiries
Talvivaara Mining Company Plc Tel +358 20 7129 800
Pekka Perä, CEO
Pekka Erkinheimo, Deputy CEO
Pekka Jaatinen, Attorney-at-Law Tel +358 20 7765 765
Castrén & Snellman Attorneys Ltd
Talvivaaran Corp Reorg deadline extension:
http://hugin.info/136227/R/1890582/669383.pdf
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Source: Talvivaaran Kaivososakeyhtiö Oyj via GlobeNewswire
[HUG#1890582]
Unternehmensinformation / Kurzprofil:
Datum: 30.01.2015 - 08:08 Uhr
Sprache: Deutsch
News-ID 368068
Anzahl Zeichen: 2244
contact information:
Town:
Espoo
Kategorie:
Business News
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