SOTKAMO SILVER: THE MAIN OWNER ILMARINEN AND CEO TIMO LINDBORG SUBSCRIBES SHARES FOR THEIR WARRANTS.
The largest owner of the Company, Ilmarinen Mutual Pensions Insurance Company, subscribe 2,052,988 shares with 8,211,952 SEK (€ 862,255) in the company's share issue based on year 2016 warrants. CEO of Sotkamo Silver AB, Timo Lindborg, will subscribe not less than 200.000 shares with 800,000 SEK (€ 84.000).The last day for subscription of shares with the warrant in the issue is 31st August.In case of full subscription with warrants Sotkamo would receive approximately 82.5 MSEK (8.6 M€) equity before issue expenses. Stockholm August 24th, 2017Sotkamo Silver AB (publ) The