TODAY IS THE LAST DAY FOR SUBSCRIPTION OF SHARES IN THE ON-GOING SHARE ISSUE OF SOTKAMO SILVER AB.

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Today 29th June is the last day for subscription of shares in the on-going rights issue with preferential rights. The subscription price for each Unit is 9 SEK (corresponding to 2,25 SEK for each new share)

The shares of Sotkamo Silver AB are traded on NGM Equity in Stockholm and on Nasdaq Helsinki.

Important dates:

15- 29 June       Subscription period (subscription in cash payment based on Unit rights)

15 June –          Trading in paid subscribed shares (BTA) on NGM Equity until the registering of the rights issue at the Swedish Companies Registration Office.

15 June –          Trading in interim shares on NASDAQ OMX Helsinki until the registering of the rights issue at the Swedish Companies Registration Office.

1 July –             Preliminary outcome of the Issue

 

Shareholders in the Company have a pre-emptive right to subscribe for one (1) unit consisting of four (4) shares and one (1) warrant of series 2016/2017, for each shares held on the record-date June 9th 2016.

Summary

  • The subscription price for each Unit is 9 SEK (corresponding to 2,25 SEK for each new share)
  • The Warrant gives the right so subscribe for one (1) share at 4 SEK in August 2017
  • The Company will receive about 186 MSEK, before issue costs, if the Issue is fully subscribed and, in addition, about 82 MSEK if the Warrant is fully subscribed for.
  • Subscription period is June 15th to June 29th 2016

In order for the possible value of the unit rights not to be lost, the shareholder must either use the subscription rights to subscribe for new shares by 29 June 2016 at the latest or sell the subscription rights by 29 June 2016 at the latest, if the unit rights are registered at Euroclear Sweden, and by 22 May 2016 at the latest, if the unit rights (subscription rights) are registered at Euroclear Finland.

The prospectus is available on www.silver.fi. The printed prospectus can be obtained free of charge from the Company, telephone +46 (0) 708 666 799, e-mail: agnetha.pernerklint@silver.fi. Questions regarding subscription and payment in Sweden, please contact the issuing agent Aqurat Fondkommission AB tel: +46 (0)8 684 05 800. Questions regarding subscription and payment in Finland, please contact the issuing agent S-Bank Group i Finland Tfn: +358 (0)9 6134 6250.

Advisors

Stockholm Corporate Finance is acting as finacial advisor, A1 Advokater and DLA Piper legal advisors to Sotkamo Silver. Aqurat Fondkommission och S-Bank Ltd are acting as Issuing agents in this Issue.

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 version.

Stockholm June 29th 2016

Sotkamo Silver AB (publ) 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