SOTKAMO SILVER HAS ACQUIRED 427 HA LAND AT TAIVALJÄRVI SILVER MINE

Sotkamo Silver AB is pleased to announce that its wholly-owned subsidiary has acquired 427 ha land at Taivaljärvi Silver-Mine. The land has been acquired from Oy UPM Kymmene Ab.

Taivaljärvi Silver-Mine has a due mining concession that is situated within the new-acquired land-area. Building of mine and plant are planned to begin as soon as the project-financing have been closed and approval received from the board.

”The acquisition is an important milestone for the Company. We have now secured the ownership of the land that is needed for the Taivaljärvi project. The acquisition makes it possible to develop the project without any time-consuming negotiations with land-owners. To own the land facilitates the planned development of Taivaljärvi Silver Mine and the concession plant”. Comments Dr. Timo Lindborg, CEO.

Stockholm, 5th October 2011

Timo Lindborg, CEO

Picture 1. The rough overview of the acquired land.

(For picture, see attached file)

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

Taivaljärvi Silver Mine.

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 apprved by the European Union.

The shares are traded at the Burgundy market place and NGM Equity in Stockholm. The ticker symbol is SOSI.

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