SOTKAMO SILVER HAS BEEN GRANTED A BUILDING PERMIT FOR THE CONSTRUCTIONS OF THE BUILDINGS OF SILVER MINE

The municipality of Sotkamo has granted Sotkamo Silver building permits for
concentrating plant, office, laboratory and maintenance buildings at Silver
Mine area. Total effective floor area will be 5700 m2 and total volume about 60
000 m3. The Silver Mine project has already received mining license, mine
safety-permit and environmental-permit for the Silver Mine.


The Company has access to the land area of the Silver Mine and owns about the
20 km long power-line, which leads to the area. The underground access,
ventilation-rise and production- tunnel down to the -350 meters below surface
is already constructed and in place. With this granted building permit Sotkamo
Silver has now the possibility to start the construction-works at the Silver
Mine area

” I am really satisfied that the most important of the important permits is now
received and the construction-work can start as soon as financing is in place. 
Above mentioned permits and already accomplished underground constructions and
investments give us a great economically and time wise advantage when
construction starts. My team and I are working hard to get the project financed
and into production. Our target is that construction works can start before
year end 2014”, says CEO Timo Lindborg, Sotkamo Silver AB.

 

Stockholm, 6th June 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 Silver Mine project
in the municipality of Sotkamo.

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 Equity in Stockholm 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

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 slight
differences in the translated versions.