SOTKAMO SILVER HAS STARTED RECRUITMENTS IN ORDER TO PREPARE FOR CONSTRUCTION AND PRODUCTION IN THE TAIVALJÄRVI SILVER MINE
(For press release in Finnish, see attached file)
Sotkamo Silver has opened a Technical Office in Sotkamo and started recruitments in order to prepare for construction and production in the Taivaljärvi Silver Mine.
In order to strengthen the organisation Sotkamo Silver has appointed Mr. Hannu Pietilä as Project Manager. He has more then 20 years industry experience. He has managed production-line expansions and worked as Energy Manager at UPM Kajaani. Last years he has worked at the Talvivaara Mining Company at different manager positions. He has M.SC. degree in Process Engineering from Oulu University.
The Company has also appointed Mr. Erkki Kovalainen as Senior Advisor. He has worked more than 30 years in different management positions in the mining and minerals industry. His experience covers construction, maintenance and production. He has M.SC. degree in Process Engineering from Oulu University.
Ms. Birgit Bergström joins the new Sotkamo office as Office Administrator. She has 25 years experience in administration inclusive accounting and human resources. She has a commercial education.
In order to prepare for construction and production recruitments will continue. Professionals are needed for following positions: Mine Manager, Mine Planner, Mining Engineer, Mine Supervisor, Mine Surveyor, Production Geologist, Accounting Manager, a Secretary with IT-skills, Research/Process Engineer, Plant Supervisors, Laboratory Assistants, Mine Workers, Process Workers and Maintenance Workers.
Mr. Jouko Jylänki left the Company as Chief Technical Officer at the end of August. He left on own request and in the best agreement with Board and Management. He will concentrate in his own Company and its projects.
“Hannu, Erkki and Birgit join Sotkamo Silver at an important stage in developing the company’s Taivaljärvi Silver Mine project. Their mining industry kills and experience bring the management team important and useful skills to continue the positive development.
I would like to take this opportunity to thank Jouko Jylänki for his great and highly appreciated efforts to develop the Taivaljärvi Silve Mine Project during an important period for Sotkamo Silver and for his great long-term commitment to the company." Comments Timo Lindborg, CEO
Stockholm, 4th September 2012
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 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 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 and for warrants SE0004635290.
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
The official Stock Exchange Release is given in Swedish and there may be slight differences in the translated versions.