SOTKAMO SILVER HAVE REPAID THE CONVERTIBLE LOAN TO TAALERI INCLUSIVE INTEREST

The Company have repaid the convertible loan to Taaleri Sijoitus in
advance at a total of SEK 15 497 427.53 inclusive interest.


\"The Group is currently almost debt-free, which facilitates
construction of the final financing package. This strengthen the
Company\'s position in negotiations of financing terms for the
construction start\", says CEO Timo Lindborg

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 versions.

 

Stockholm, 23rd August 2016.

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.

ISIN- code for share warrants series 2016/2017 are SE0008373880

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