TALV Talvivaara

 
TIDMTALV 
 
Stock Exchange Release 
Talvivaara Mining Company Plc 
12 March 2012 
 
 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO 
THE  UNITED STATES OF AMERICA, CANADA, JAPAN,  AUSTRALIA, SOUTH AFRICA OR IN ANY 
OTHER  JURISDICTION IN WHICH  OFFERS OR SALES  WOULD BE PROHIBITED BY APPLICABLE 
LAW 
 
 
 Resolutions of Extraordinary General Meeting of Talvivaara Mining Company Plc 
 
 
An   Extraordinary  General  Meeting  of  Talvivaara  Mining  Company  Plc  (the 
"Company") has on 12 March 2012 resolved to approve the proposal of the Board of 
Directors  on  a  share  issue  in  deviation from the shareholders' pre-emptive 
subscription  rights  (the  "Placing").  The  Placing  was  conducted through an 
accelerated   book-building   process  and  24,589,050 new  shares  representing 
approximately  10 per cent of the  number of the existing  shares of the Company 
will  be issued in the Placing. The new  shares are expected to be registered in 
the  Finnish Trade Register on  13 March 2012 and dealings in  the new shares on 
the London Stock Exchange's main market and on the official list of the Helsinki 
Stock Exchange is expected to commence on 14 March 2012. 
 
In  addition, the Extraordinary  General Meeting of  the Company has resolved to 
approve  the proposal of the Board of Directors to grant an authorisation to the 
Board  of Directors to resolve to issue  up to 184,428 new shares through one or 
several share issue and/or by granting of special rights entitling to shares, as 
referred  to in Chapter 10, Section 1 of the  Finnish Companies Act, in order to 
carry out an adjustment of the conversion price in accordance with the terms and 
conditions  of the convertible bonds of  the Company due 2013 resulting from the 
Placing.  The  authorisation  is  valid  until 1 June 2013. The authorisation is 
conditional upon the completion of the Placing. 
 
 
 
ENQUIRIES 
Talvivaara Mining Company Plc +358 20 712 9800 
Pekka Perä CEO 
Saila Miettinen-Lähde, CFO 
 
The  distribution of this  announcement in jurisdictions  other than Finland and 
the  United Kingdom may be restricted by  law and, therefore, persons into whose 
possession  this announcement comes  should inform themselves  about and observe 
such restrictions. Any failure to comply with such restrictions may constitute a 
violation of the securities laws of any such jurisdiction. 
 
This announcement is not an offer of securities for sale in the United States or 
elsewhere.  Securities may not  be offered or  sold in the  United States absent 
registration  under the US  Securities Act of  1933, as amended (the "Securities 
Act")  or an exemption  therefrom. The Company  has not registered  and does not 
intend to register any of its shares under the Securities Act. No shares will be 
offered or sold to the public in the United States. 
 
This  announcement has  been issued  by and  is the  sole responsibility  of the 
Company.  No representation or warranty, express or  implied, is or will be made 
as  to, or  in relation  to, and  no responsibility  or liability  is or will be 
accepted  by  Merrill  Lynch  International,  Liberum  Capital  Limited, Pohjola 
Corporate  Finance Ltd or by any of their respective affiliates or agents as to, 
or  in relation  to, the  accuracy or  completeness of  this announcement or any 
other written or oral information made available to or publicly available to any 
interested  party  or  its  advisers,  and  any liability therefore is expressly 
disclaimed. 
 
Merrill  Lynch  International,  Liberum  Capital  Limited  and Pohjola Corporate 
Finance  Ltd are acting for  the Company and for  no-one else in connection with 
the  placing, and will not  be responsible to anyone  other than the Company for 
providing  the  protections  afforded  to  their  respective  customers  or  for 
providing  advice to any  other person in  relation to the  placing or any other 
matter  referred  to  herein.  Merrill  Lynch  International and Liberum Capital 
Limited  are authorised and regulated in the  United Kingdom by the FSA. Pohjola 
Corporate Finance Ltd is authorised and regulated in Finland by the Finnish FSA. 
 
 
 
 
Talvivaara Mining Company Plc 
Talvivaara Mining Company is an internationally significant base metals producer 
with  its  primary  focus  on  nickel  and  zinc  using  a  technology  known as 
bioheapleaching  to extract metals out  of ore. Bioheapleaching makes extraction 
of  metals  from  low  grade  ore  economically  viable. The Talvivaara deposits 
comprise  one of the largest known sulphide  nickel resources in Europe. The ore 
body  is  estimated  to  support  anticipated  production  for  several decades. 
Talvivaara has secured a 10-year off-take agreement for 100 per cent of its main 
output  of nickel and cobalt to Norilsk Nickel and entered into a long-term zinc 
streaming  agreement with Nyrstar  NV. Talvivaara is  listed on the London Stock 
Exchange  Main Market and NASDAQ OMX Helsinki  and is included in the FTSE- 250 
index. Further information can be found atwww.talvivaara.com. 
 
 
 
 
Talvivaara Resolutions of Extraordinary General Meeting 12.3.2012: 
http://hugin.info/136227/R/1593185/501217.pdf 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson 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#1593185] 
 

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