(For press release in Finnish, see attached file)
It is hereby announced that the number of shares and votes in Sotkamo Silver AB
has increased with 2,250 shares during October, after subscription of shares
through the Warrants 3. The shares represent approximately 0.016 % of total
number of shares in the Company.
After registration by the Swedish Companies Registration Office, the number of
shares and votes in Sotkamo Silver AB has increased to 14,152,856 shares and
the share capital to SEK 141,528,561.47. Quota value is SEK 10.
The number of outstanding warrants is 940,506, which each of them entitle the
holder to subscribe for one share of SEK 17.50 per share latest by 30 November
2013.
The information provided in this press release is such that the Company is
required to disclose pursuant to the Swedish Securities Markets Act and/or the
Financial Instruments Trading Act.
Oulu, 31th October 2012.
Timo Lindborg, CEO
About Sotkamo Silver AB:
Sotkamo Silver AB´s business concept is to exploit mineral deposits in the
Nordic countries with regards to human society and environment. Sotkamo Silver
owns, through its subsidiary mineral deposits, which contains silver and gold
in Finland. The Company’s main development project is the Taivaljärvi Silver
Mine.
Sotkamo Silver applies SveMin’s & FinnMin’s respective rules of reporting for
public mining & exploration companies. Sotkamo Silver has chosen to report
mineral resources and ore reserves according to the internationally accepted
JORC or NI 43-101-code. The company applies International Financial Reporting
Standards (IFRS) as approved by the European Union.
The ticker symbol is SOSI in NGM and SOSI1 in NASDAQ OMX Helsinki.
ISIN-code for Sotkamo Silver shares is SE0001057910 and for warrants
SE0004635290.
Read more about Sotkamo Silver on www.sotkamosilver.com or www.silver.fi
For further information: Timo Lindborg, CEO, tel. +358 40 508 3 507
The official Stock Exchange Release is given in Swedish and there may be
differences in the translated versions.
