Member Info for geek233

Your guess is as good as mine Wimble. We'll find out in a week or so

http://www.talvivaara.com/files/talvivaara/30.4.2015/Talvivaara%20Financial%20Statements%202014%2030.4.2015.pdf

http://www.talvivaara.com/files/talvivaara/30.4.2015/Auditor_s%20Report%2030%204%202015.pdf

http://hugin.info/136227/R/1917579/685993.pdf

http://hugin.info/136227/R/1917492/686005.pdf

given permanent positions: http://svenska.yle.fi/artikel/2015/04/21/talvivaara-erbjuder-fast-anstallning

Mandatum Life in favour of Talvivaara restructuring program proposal... Talvivaara Mining Company 's restructuring program completed proposal is currently under creditor groups voted. Creditors vote as part of the proposal, inter alia, that the subordinated debt could be converted into shares of the company. If the program proposal is accepted and all unsecured creditors stick to the exchange offer, get the old owners of 30 percent of the company and the creditors will receive 70 per cent. Mandatum Life is in favor of a liquidator Pekka Jaatinen the completed program proposal. Case shows Mandatum Life, the District Court to provide the statement. "On the whole, we made ​​a positive statement that we argued the liquidator's proposal," says Mandatum Life's portfolio management director Juhani Lehtonen value Paper . Lehtonen also represents the bond and convertible bond holders Talvivaara renovation of the creditor committee. Mandatum Life keeps statement of the liquidator's proposals to creditors and equitable interests of the shareholders. The program proposal will seem very likely. Debt conversion plays a major role in the proposal, and has contributed to the conversion of Talvivaara shareholders and creditors outcome of the negotiations. "Yes, it has been the owners and creditors discussions," confirms Lehtonen. The change in value the opportunity to set aside a British private equity investor Talvivaara Mining Company subsidiary Talvivaara Sotkamo was set in November bankrupt. Mining carrier subsidiary has these views extend your new company. The parent company's restructuring program proposal is based on the fact that the parent company should be in the future one way or another subsidiary, successor activities. The text refers to the restructuring program in all respects to the Talvivaara's existing owners and creditors would like to finance the subsidiary's followers and to benefit from any increase in value. At the same refers to Mandatum Life's program proposal in favour of a statement. So far, the public is not, however, presented a model in which this would be possible, but the rise in the value of the option is reserved for the British private equity investor Audley Capital for . Talvivaara Sotkamo bankruptcy handled public receivership, which means, among other things, that the bankruptcy estate decision-creditors rather than the public administrator. The bankruptcy estate agreed in March, Talvivaara Sotkamo conditional sale of Audley. The state is involved in 15 per cent. The agreement has attracted criticism from domestic investors and Mandatum Life Juhani Lehtonen, the same has wondered drastically abroad. Domestically, inter alia, Åbo Akademi University, Professor Ralf Östermark has directly accused the state of Finnish investors ignoring.

From Pekka Pera: "Unfortunately this voting procedure applies to registered creditors of Talvivaara Mining Company Plc only. The creditors' majority have to approve or reject the administrator's Re-Organisation plan (ROP). In the first case the company starts to implement the plan, but in the latter case the company will go under. Should the creditors decide to approve the ROP, the actions described in it will require shareholders approval. This decision would then take place in the AGM most propably in few weeks time. I hope you find this helpful. From my own behalf, I apologise that we could not find a better solution for the shareholders."

Yeah, I called the number below. I was put through to corporate action and the woman said that Talvivaara need to register a voting system with CREST

*Phoned

Just phones them. They said I need to contact Talvivaara directly

Which number did you phone?

I've emailed HL for clarification on this. Hopefully they'll reply this afternoon.

Is this the correct form for shareholders? Or do we just phone up our broker?

Good good. Let's see what he comes back with.

Here's a simpler version: https://uk.finance.yahoo.com/news/talvivaara-creditors-voting-procedure-approval-081505551.html

to full reorganisation programme document: http://www.talvivaara.com/files/talvivaara/Corp%20Reorg%202015%20%20/Talvivaara%20Mining%20Company%20Plc%20Supplemented%20draft%20restructuring%20programme....pdf

Creditors' voting procedure for approval of Talvivaara's draft restructuring programme commences The District Court of Espoo has on 14 April 2015 given a decision to initiate a creditors' voting procedure on the draft restructuring programme of Talvivaara Mining Company Plc ("Company") in accordance with section 76 of the Restructuring of Enterprises Act. By voting, creditors can support or oppose the Administrator`s draft restructuring programme. The approval of the draft restructuring programme requires express support from the necessary number of creditors for the Administrator`s draft restructuring programme. The entry into force of the draft restructuring programme requires that the requisite number of creditors have voted in support of the draft restructuring programme and that the conditions set by the draft restructuring programme concerning the Company's business operations and other conditions set by the law have been met. If the requisite amount of votes supporting the draft restructuring programme is not received, the Administrators draft restructuring programme cannot be confirmed, which would likely lead to a bankruptcy of the Company. The voting ends on 6 May 2015 at 4.15 pm (Finnish time), except for the voting period for the convertible bond holders and the nominee-registered bond holders that ends already on 4 May 2015 at 4.00 pm (Finnish time). The record date for the bond holders will be 24 April 2015. More information about the different voting methods and related deadlines will be made available at the latest on 17 April 2015 on the Company's website at www.talvivaara.com/investors/corporate-reorganisation.

news tomorrow? I'm almost only 50% down now ha

http://www.e-mj.com/news/leading-deveopments/5114-parties-arrange-conditional-purchase-agreement-for-talvivaara-sotkamo.html#.VSE-FTvF8vE Talvivaara Mining Co. announced that Audley Capital Advisors LLP, a U.K.-based hedge fund sponsor and private equity investor, has entered into a conditional asset purchase agreement to acquire the assets of Talvivaara Sotkamo Ltd. from its bankruptcy estate. At the same time, the state of Finland, through its wholly owned special purpose company Terrafame Ltd., has entered into an investment agreement with Audley. The purpose of the two agreements is to re-establish operations at the Talvivaara mine under a new mining company that will be established in connection with the transaction. However, before the transaction can close and operations at the mine can be ramped up under the direction of the new mining company, a number of steps must be accomplished, including provision of necessary regulatory permits and arrangement of committed financing. Closing is expected to take place during the summer of 2015, until which time the business will be maintained and managed by the bankruptcy estate. The conditional asset purchase agreement enables the start of the discussions on Talvivaara’s potential role in the future of the Sotkamo mining operations in earnest, according to the company. In a related development, Nyrstar, which had a zinc streaming agreement with Talvivaara Sotkamo, said it reviewed the prospects of recovering its streaming agreement with Talvivaara and confirmed that it has impaired the value of the agreement in full in its first quarter 2015 accounts. The impairment, estimated to be approximately 210 million euros, does not have any operational impact on the company. Nyrstar said it has certain legal rights concerning Talvivaara, including a parent company guarantee from Talvivaara Mining Co., and will continue to work with stakeholders toward recovering value.