EXTENSION OF TRAXYS’ EXCLUSIVITY THAT WILL FULLY FINANCE SOTKAMO SILVER´S MINE PROJECT
Sotkamo Silver and Traxys Europe have agreed to extend the period of exclusivity until April 21st, 2017, which Sotkamo may extend by one week, to allow Traxys to complete its due diligenc process to a favourable conclusion.Thereafter an extension of exclusivity for no more than another month will be given to Traxys´ to give the possibility to complete on definitive binding agreements and consummate the Financing transaction and the Marketing- and Sales Agreement. Traxys have confirmed in writing that they remain very interested in the Sotkamo project and intend to bring the approval