Talvivaara: The District Court has given its ruling on the criminal case concerning water discharges

Talvivaara: The District Court has given its ruling on the criminal case concerning water discharges of the Sotkamo mine

ID: 471001

(Thomson Reuters ONE) -


Stock Exchange Release
Talvivaara Mining Company Plc
13 May 2016



The District Court has given its ruling on the criminal case concerning water
discharges of the Sotkamo mine


Talvivaara Mining Company Plc ("Talvivaara" or "Company") has been informed that
today the District Court of Kainuu ("the District Court") has given its ruling
on the case concerning the gypsum pond leakages of the Sotkamo mine in November
2012 and April 2013 and the sodium, sulphate and manganese discharges that
exceeded the anticipated amounts stated in the original environmental permit
application of the Sotkamo mine. Originally the charges were brought against
four members of Talvivaara's management, including CEO Pekka Perä and former CEO
Harri Natunen. The charges concern aggravated impairment of the environment.
Harri Natunen has not been employed by the Company since the autumn of 2015.

The case concerning the discharge of raffinate from the metals recovery plant
and dilute secondary heap solutions into the open pit during the period of 19
December 2013 - 31 January 2014 was handled together with the above mentioned
case. The charges were brought against CEO Pekka Perä for impairment of the
environment.

The District Court dismissed the charge concerning aggravated impairment of the
environment and moderated the type of the crime to impairment of the
environment. Penalties in the form of a fine were imposed on Pekka Perä, Harri
Natunen and the former chief operations officer of the mine, who acts as a
member of the Executive Committee of the Company. The prosecutor's demands
concerning a suspended prison sentence and compensation for the benefit obtained
from the crime were dismissed in relation to the private defendants. All charges




were dismissed in relation to the fourth defendant. The charges concerning the
discharge of raffinate from the metals recovery plant and dilute secondary heap
solutions into the open pit made against Pekka Perä were dismissed.

A corporate fine and compensation for the benefit obtained from the crime was
imposed on Talvivaara Sotkamo Ltd, represented by the bankruptcy estate of
Talvivaara Sotkamo Ltd. Talvivaara Mining Company Plc has not been a party to
the court case.

The decision is not yet final and binding and the parties may appeal the case to
the Court of Appeal. The Company and the parties of the case will continue to
assess the decision.


Enquiries

Pekka Erkinheimo, Deputy CEO, Talvivaara Mining Company Plc. Tel.
+358 20 7129 800
Markus Kokko, Attorney, Borenius Attorneys Ltd, Tel. + 358 20 713 33



District Court ruling on the environmental case:
http://hugin.info/136227/R/2012644/745694.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#2012644]




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Bereitgestellt von Benutzer: hugin
Datum: 13.05.2016 - 12:08 Uhr
Sprache: Deutsch
News-ID 471001
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