Talvivaara Mining Company Plc: Notice Regarding Application for Delisting of Shares from the London Stock Exchange


Stock Exchange Release
Talvivaara Mining Company Plc
13 June 2014


   Notice Regarding Application for Delisting of Shares from the London Stock
                                    Exchange

Talvivaara  Mining Company Plc (the "Company") hereby announces that the Company
has  resolved at a meeting of its board  of directors held today, to request the
cancellation  of  the  premium  listing  of  its  shares  of common stock (ISIN:
F10009014716,  the "Shares") from the Official  List of the UK Listing Authority
and  the cancellation  of the  admission to  trading of  the Shares  on the Main
Market of the London Stock Exchange (the "LSE"). The details are as follows:

1.         Reason for Applying to Delist

The  Company has decided to apply for the delisting in order to reduce its costs
associated  with  potential  material  capital  market  transactions  and  other
transactions  in a  distressed financial  situation and  based on  the fact that
approximately  79 per  cent  of  the  trading  in  the  Shares took place on the
official list of NASDAQ OMX Helsinki Ltd (the "Helsinki Stock Exchange") between
1 May  2013 and 30 April  2014. Further, the  Company considers  there to  be no
significant benefit in maintaining the listing.

The  Company does not  anticipate that such  delisting will adversely affect its
shareholders or other investors, since the Shares will continue to be listed and
tradable on the official list of the Helsinki Stock Exchange.

2.         Delisting Schedule

An  application has been made  to the UK Listing  Authority for the Shares to be
removed  from  the  Official  List  and  to  the LSE for their cancellation from
trading.  The delisting and cancellation of trading  of the Shares on the LSE is
expected on or around 14 July 2014.

The  trading code of the Shares in the Helsinki Stock Exchange is "TLV1V" and in
the LSE "TALV".


Enquiries

Talvivaara Mining Company Plc Tel +358 20 7129 800
Pekka Perä, CEO
Saila Miettinen-Lähde, Deputy CEO and CFO




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.  Talvivaara  is  listed on the London Stock
Exchange  Main Market and NASDAQ OMX  Helsinki. Further information can be found
at www.talvivaara.com.

[HUG#1792995]

Attachments

Notice Regarding Application for delisting of Shares from the LSE.pdf