Not for distribution, directly or indirectly, within or to USA, Australia,
Hongkong, Japan, Canada, Switzerland, Singapore, South Africa, New Zeeland or
any other jurisdiction where distribution of this press release would be
illegal.
The Board of Sotkamo Silver AB (publ) ("Sotkamo Silver" or the "Company") has
prepared a prospectus for share issue and trading, which has now been approved
and registered by the Swedish Financial Supervisory Authority. The prospectus
will also be passported to Finland.
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 FIM Bank Ltd tel: +358 (0)
9 6134 6250.
Stockholm Corporate Finance AB is acting as financial advisor in connection
with the offering.
Summary of terms
• Existing shareholders in Sotkamo Silver on the record date 26 March 2014
have preferential right to subscribe for new shares and will for each
existing share receive one subscription right. Two subscription rights will
entitle to subscribe for one new share in the company.
• The new shares will be issued at a subscription price of SEK 6 per share.
For subscriptions using subscription rights registered at Euroclear
Finland, payment for subscribed shares is made in EUR by payment of EUR
0,68 for each subscribed share. The subscription price in SEK and EUR,
respectively, are applicable also for subscription for new shares without
preferential rights.
• Subscription for new shares will take place during the period 31 March 2014
- 14 April 2014.
• Issue amount: a maximum of SEK 42,478,902
• Trading with subscription rights on NGM Equity: 31 March - 9 April 2014
• Trading with subscription rights on NASDAQ OMX Helsinki: 31 March - 7 April
2014
• Trading in paid subscription shares (BTA) on NGM Equity will take place
from and including 31 March 2014 until the registering of the rights issue
at the Swedish Companies Registration Office.
• Trading in interim shares on NASDAQ OMX Helsinki will take place from and
including 31 March 2014 until the registering of the rights issue at the
Swedish Companies Registration Office.
The information provided in this press release is such that the company is
required to disclose pursuant to the Swedish Securities Markets Act (2007:528)
and/or the Financial Instruments Trading Act (1991:980). This press release was
submitted for publication March 27, 2014 at 09.00 (CET).
Stockholm 27th March 2014
Sotkamo Silver AB (publ)
Timo Lindborg, CEO
DOWNLOAD PROSPECTUS: http://www.silver.fi/tiedostot/reports/Financial%20Reports
/140327_Sotkamo_Silver_AB_556224-1892_Prospekt.pdf
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 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.
