CHANGE IN SHARES, CAPITAL AND VOTES IN SOTKAMO SILVER AB
It is hereby announced that the number of shares and votes in Sotkamo Silver AB has increased with 82,572,792 shares after the preferential share issue of shares. The shares represent approximately 80 % 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 103,215,990 shares and the share capital to SEK 141,596,341.47. Quota value is approximately SEK 1,37.
The number of outstanding warrants is 20,643,198. The Warrant gives the right to subscribe for one (1) share at 4 SEK in August 2017.
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.
The official Stock Exchange Release is given in Swedish and there may be slight differences in the translated versions.
Sotkamo Silver AB (publ) discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Financial Instruments Trading Act.
The official Stock Exchange Releases are given in Swedish and there may be slight differences in the translated versions.
Stockholm, 29th July 2016.
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 and exploration-potential targets of zinc, lead, copper and gold in Norway. 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 mineral 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 at NGM and SOSI1 in NASDAQ OMX Helsinki.
ISIN-code for Sotkamo Silver shares are SE0001057910.
Read more about Sotkamo Silver on www.sotkamosilver.com or www.silver.fi