Talvivaara Mining Company Plc Stock Options 2007
16.09.2010 | Globenewswire Europe
Stock Exchange Release - September 16, 2010 - A total of 5,000 Talvivaara Mining Company Plc's new shares were subscribed for during the period between July 1, 2010 and August 31, 2010 under the company's stock option rights 2007A. The entire subscription price of EUR 13,619.85 will be entered in to the invested unrestricted equity reserve. As a result of the share subscriptions, the number of Talvivaara Mining Company Plc shares will increase to 245,316,718.The shares subscribed for under the stock options were registered in the Trade Register on September 16, 2010, as of which date the new shares will establish shareholder rights.
Trading in the new shares will begin on NASDAQ OMX Helsinki on September 17, 2010.
The share subscription period for stock options 2007A is between April 1, 2010 and March 31, 2012. By August 31, 2010 a total of 140,000 Talvivaara Mining Company Plc's new shares were subscribed for under the stock option rights 2007A and a total of 2,193,100 stock option rights 2007A remain unexercised.
The terms and conditions of Talvivaara Stock Options 2007 with additional information are available on www.talvivaara.com or www.evli.com
ENQUIRIES
Talvivaara Mining Company Plc
Tel: +358 20 7129 800
Pekka Erkinheimo, Chief Commercial Officer
Saila Miettinen-Lähde, Chief Financial Officer
Talvivaara Mining Company Plc
Talvivaara Mining Company aims to become 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 sufficient to support anticipated production for at least 46 years. 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 at www.talvivaara.com.
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Talvivaara Mining Company Plc Stock Options 2007 16.09.2010:
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