CEO OF SOTKAMO SILVER SUBSCRIBES FOR UNITS WITH 5 760 000 SEK IN THE SHARE ISSUE.


CEO of Sotkamo Silver AB, Timo Lindborg, subscribes for 640 000 units
with 5 760 000 SEK (€ 627 200) in the company\'s rights issue. One unit
consists of four shares for SEK 2.25 (€ 0.245) per share and one
warrant, giving the right to subscribe for one share of 4 SEK (€ 0.43)
in August 2017.


Today is the last day for subscription of shares in the on-going share
issue.

At full subscription will Sotkamo will receive approximately 186 MSEK
(20 M€) before issue expenses and an additional 83 MSEK (€ 0.89 M€) if
all warrants will be exercised. The issue is guaranteed up to 70%, about
130 MSEK (14 M€), by subscription undertakings and guarantee agreements.

The rights issue is arranged to complete the financing package in order
to commence the completion of the Silver Mine.

The prospectus is available on www.silver.fi. The printed prospectus can
be obtained free of charge from the Company, telephone +46 (0) 708 666
799, e-mail: agnetha.pernerklint@silver.fi. Questions regarding
subscription and payment in Sweden, please contact the issuing agent
Aqurat Fondkommission AB tel: +46 (0)8 684 05 800. Questions regarding
subscription and payment in Finland, please contact the issuing agent
S-Bank Group i Finland Tfn: +358 (0)9 6134 6250.

Advisors

Stockholm Corporate Finance is acting as financial advisor, A1 Advokater
and DLA Piper legal advisors to Sotkamo Silver. Aqurat Fondkommission
och S-Bank Ltd are acting as Issuing agents in this Issue.

Sotkamo Silver AB (publ) discloses the information provided herein
pursuant to the Swedish Securities Markets Act and/or the Financial
Instruments Trading Act.

The official Stock Exchange Releases are given in Swedish and there may
be slight differences in the translated version.

 

Stockholm June 29th 2016

Sotkamo Silver AB (publ) 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 and exploration-potential targets of
zinc, lead, copper and gold in Norway. 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 mineral 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 at NGM and SOSI1 in NASDAQ OMX Helsinki.
ISIN-code for Sotkamo Silver shares are SE0001057910.

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

Attachments

160629_PM_VD_tecknar_i_emissionen_ENG_43238.pdf