Timminco Limited
TSX : TIM

Timminco Limited

October 09, 2007 16:51 ET

Timminco Provides Update on Stock Trading Activity

TORONTO, ONTARIO--(Marketwire - Oct. 9, 2007) - At the request of Market Surveillance on behalf of the Toronto Stock Exchange, Timminco Limited ("Timminco") (TSX:TIM) would like to update investors. There have been no material developments at Timminco that would explain the recent trading activity in Timminco's stock.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements concerning Timminco's business and operations. Timminco cautions that, by their nature, forward-looking statements involve risk and uncertainty and that Timminco's actual results could differ materially from those expressed or implied in such statements.

There are financial and operational risks inherent in the business, which include, but are not limited to: commodity prices, currency exchange, interest rates, capital, credit, regulatory, political, operational and environmental risks. Timminco takes specific measures to manage anticipated risks, and any forward-looking statements in this news release were based on the assumption of no significant changes or trends with respect to such risk factors. However, there can be no assurance that future developments affecting Timminco will be those anticipated by Timminco. Although Timminco maintains insurance against risks that are typical in its industry, such insurance may not provide adequate coverage under all circumstances. Reference should be made to the most recent Management Discussions and Analyses for a description of the major risk factors. Timminco disclaims any duty to update forward-looking statements other than through relevant future Management Discussions and Analyses.

ABOUT TIMMINCO

Timminco is a leader in the production of silicon metal for the electronics, chemical and aluminum industries. Timminco has also commenced production of solar grade silicon metal. Other businesses include the production and marketing of magnesium, calcium and strontium alloys and magnesium extruded and fabricated products. Timminco's products are used in a broad range of specialized industrial applications and industries such as electronics, solar energy, chemical, engineered extruded products, pharmaceutical, automotive and metallurgical. Timminco's common shares are traded on the Toronto Stock Exchange under the symbol TIM.

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Contact Information

  • Timminco Limited
    Robert Dietrich
    Executive Vice President-Finance and Chief Financial Officer
    (416) 364-5171
    (416) 364-3451 (FAX)
    Email: rdietrich@timminco.com