CHANGE IN NUMBER OF SHARES AND VOTES IN SOTKAMO SILVER AB

It is hereby announced that the number of shares and votes in Sotkamo Silver AB has increased with 6 483 564 shares after subscription of shares in the rights issue. The shares represent approximately 31.4 % of total number of shares in the Company.

After registration by the Swedish Companies Registration Office, the number of shares and votes in Sotkamo Silver AB has increased to 20 643 198 shares and the share capital to SEK 141 596 341,47. Quota value is about SEK 6,86.

The information provided in this press release is such that the Company is required to disclose pursuant to the Swedish Securities Markets Act and/or the Financial Instruments Trading Act.

For further information: Timo Lindborg, CEO, phone +46-8-304920.

The official Stock Exchange Release is given in Swedish and there may be slight differences in the translated versions.

Oulu, 30th May 2014.

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 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