SOTKAMO SILVER HAS RECEIVED POSITIVE DECISIONS REGARDING ROAD-ACCESS FROM THE MAIN ROAD AND PLANNING NEEDS OF SPECIAL DEVELOPMENT AREA OF THE TAIVALJÄRVI MINE-AREA.

(For press release in Finnish, see attached file)

In the decision regarding the planning needs Sotkamo municipality states the
conditions that shall be applied for granting building permits. The decision is
valid for two years and applies to the building-area of 6,050 m2. Before
construction can start a valid building permit is needed.


"The fact that we now have the decisions on road-access and planning needs for
the area means that we can launch the detailed planning of buildings and
constructions for Taivaljärvi Silver Mine." Says Timo Lindborg, CEO of Sotkamo
Silver.

 

Stockholm, 7th August 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