SOTKAMO SILVER HAS RECEIVED A MINE-SAFETY PERMIT ACCORDING TO THE NEW SAFETY REQUIREMENTS

Sotkamo Silver has received a Mine Safety Permit for the Silver Mine according
to new safety requirements. The Company will be the first mining-company in
Finland to work under the new mine-safety permit.


All new mines have to seek authorisation and old mines will be forced to
upgrade its operations to meet new requirements. This new permit is required
along with a mining license to be engaged in mining. It is approved by the
Finnish Safety and Chemicals Agency (TUKES).

Mine Safety Permit includes mining operations risk assessment, action
principles for the prevention of accidents in the mine and internal emergency
plan. Mining Authority inspects mines regularly, usually once a year.

The mining operator shall designate an authorised person who is in charge of
safety. This person has been authorised by TUKES.

Mr. Ilkka Tuokko has been authorised as Mining Safety Person for the Silver
Mine.

 

Oulu, 7th February 2014.

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.

Read more about Sotkamo Silver on www.sotkamosilver.com or www.silver.fi