SOTKAMO SILVER: SUMMARY OF THE YEAR-END REPORT 2017

THE FOURTH QUARTER · Net result was – 0.1 MSEK (-6.0) and earnings per share -0.00 SEK (-0.06). · Group sale was 0 KSEK (50). · Investments during the period were 4.5 KSEK (6.7). · The Company decided to start the planning and construction of the building of the concentrator plant to the Silver Mine. The size of the decided investments is approximately 64 MSEK (EUR 6.5) · Sotkamo Silver has during 2017 kept continuous negotiations with financiers to ramp up the building of the mine with enough cash to finance the capital investments needed, without the need for a refill