TUESDAY JULY 10th 2012 IS THE LAST TRADING-DAY BEFORE THE CONSOLIDATION OF THE SHARES IN SOTKAMO SILVER AB.
- Tuesday July 10th 2012 will be the last trading-day on the NGM Equity before the reverse split.
- Wednesday July 11th will be the first day of trading on the NGM Equity after the reverse split of 25 to 1.
- Friday July 13th 2012 is the record-date for the reverse split.
- Monday July 16th is the reverse split completed and the new number of shares will be shown on each securities or deposit account.
We will further recall that shareholders whose shareholding is not evenly divisible by twenty-five (holders of so-called excess-shares) will receive cash compensation from the Company when the shares are sold. Payment of sales proceeds starts preliminary July 27th 2012.
Shareholders who do not wish to lose their shares as a result of the above-described sales may acquire additional shares not later than July 10, 2012 to ensure that the shareholding is evenly divisible by twenty-five on that date.
Stockholm, July 10th 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 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.
ISIN-code for Sotkamo Silver warrants is 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