US/UK/Canada

Share

Pick a time period -
Tags ( Active)

SOTKAMO SILVER AB HAS PUBLISHED THE ANNUAL REPORT FOR 2022

Press release: Stockholm, March 28, 2023, 17:40 CET Sotkamo Silvers AB´s Annual Report for 2022 in pdf-format and European Single Electronic Format (ESEF) is available on the Company’s web page: https://www.silver.fi/en/investors/financial-reports/annual-reports https://www.silver.fi/en/investors/ESEF   Stockholm, March 28, 2023 Sotkamo Silver AB Mikko Jalasto, CEO   Contact person Mikko Jalasto, CEO, tel. +358 50 482 1689 This information is information that Sotkamo Silver AB is obliged to make public pursuant to the EU Market Abuse Regulation and the

HALF YEAR REPORT, SECOND QUARTER 2022

  Press release: Stockholm, July 29, 2022, 08.45 CET HIGHLIGHTS OF THE SECOND QUARTER 2022 · Net sales was 90 MSEK compared to the previous year 109 MSEK. Decrease was due to declined silver price and lower production · EBITDA was 6 MSEK (36) · EBIT was -16 MSEK (16) · Cash and cash equivalents were 43 MSEK (52) · Investments were 24 MSEK (5) · The production was about 281 000 (382 000) ounces of silver, 796 (988) ounces of gold, 365 (396) tonnes of lead, and 824 (919) tonnes of zinc in concentrates · New mining contract was signed with Veljekset

ANNOUNCEMENT FROM SOTKAMO SILVER AB AGM ON APRIL 27, 2022

Press release: Stockholm, April 27, 2022, 16:15 CET Sotkamo Silver AB (publ) held its Annual General Meeting (AGM) on 27 April 2022. Due to the ongoing Covid-19 situation, the AGM was held only by a postal voting procedure with the support of temporary legal rules. The following main decisions were made at the AGM: The income statement and the balance sheet for both the parent company and the group regarding the financial year 2021 were adopted by the AGM. The AGM decided that no dividend would be paid out for the financial year 2021. The members of the Board and the CEO were

QUARTERLY REPORT, FIRST QUARTER 2022

  Press release: Stockholm, April 26, 2022, 08.45 CET HIGHLIGHTS OF THE FIRST QUARTER 2022 · Net sales was 114 MSEK compared to the previous year 95 MSEK. Major positive contributors were favourable development of zinc price and produced amount of gold and zinc  · EBITDA was 38 MSEK (14) · EBIT was 15 MSEK (-6) · Cash and cash equivalents were 44 MSEK (26) · Investments were 13 MSEK (8) · The production was about 336 000 (344 000) ounces of silver, 870 (707) ounces of gold, 465 (309) tonnes of lead, and 990 (664) tonnes of zinc in concentrates · The

SOTKAMO SILVER AB HAS PUBLISHED THE ANNUAL REPORT FOR 2021

Press release: Stockholm, March 31, 2022, 20:45 CET   Sotkamo Silvers AB´s Annual Report for 2021 in pdf-format and European Single Electronic Format (ESEF) is available on the Company’s web page:   https://www.silver.fi/en/investors/financial-reports/annual-reports   https://www.silver.fi/en/investors/ESEF Stockholm, March 31, 2022 Sotkamo Silver AB Erkki Kuronen, CEO   Contact person Erkki Kuronen, CEO, tel. +358 50 599 3539 This information is information that Sotkamo Silver AB is obliged to make public pursuant to the EU Market Abuse Regulation and

SOTKAMO SILVER AB: UPDATE ON THE RELEASE SCHEDULE OF THE DRILLING RESULTS, AND MINERAL RESOURCE AND ORE RESERVES ESTIMATES

Press release: Stockholm, March 30, 2022, 17:45 CET Sotkamo Silver AB announces that the release of the assay results of the surface drilling campaign, and update of the Mineral Resource and Ore Reserve estimates of the Silver Mine will be delayed. The Company indicated earlier that the results and updated estimates would be released in Q1/2022. This is now expected during the Q2/2022. The delays have been caused by lack and changes of the personnel, workload of the sample handling and assaying, lack of external resources and absences due to Covid-19. Stockholm, March 30, 2022

SOTKAMO SILVER HAS SIGNED A NEW SENIOR LOAN AGREEMENT WITH SUSTAINABILITY TARGETS AND PUBLISHES THE RESULTS OF THE WRITTEN PROCEDURE OF EUR 13,200,000 SENIOR FIXED RATE NOTES

Press release March 28, 2022Stockholm 15:00 CET    Press release: Stockholm, March 28, 2022, 15.00 CET Sotkamo Silver AB’s wholly owned subsidiary Sotkamo Silver Oy (the “Company”) has entered into a EUR 14,600,000 senior loan agreement (the “New Senior Loan”) as a part of the refinancing of the Company's instruments that was announced on 11 January 2022. Summary of the new senior loan agreement: · The New Senior Loan carries an annual interest of EURIBOR 12 months (min. 0 %) and a margin of 6.5 % · The term of the New Senior Loan is 4 years and the termination date

SOTKAMO SILVER ANNOUNCES THE RESULT OF THE NEW CONVERTIBLE ISSUE AND RECORD DATE FOR REDEMPTION OF CONVERTIBLES 2018/2022

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, NEW ZEALAND, THE UNITED STATES, OR ANY OTHER COUNTRY WHERE SUCH PUBLICATION, NOTICE OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WOULD REQUIRE ADDITIONAL DOCUMENTS TO BE PREPARED OR REGISTERED OR REQUIRE ANY OTHER MEASURES TO BE TAKEN, IN ADDITION TO THE REQUIREMENTS UNDER SWEDISH LAW. PLEASE SEE “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE.Press release: Stockholm, March 24, 2022, 11:30 CET Sotkamo

SOTKAMO SILVER: NOTICE OF ANNUAL GENERAL MEETING IN SOTKAMO SILVER AKTIEBOLAG (PUBL) ON 27 APRIL 2022

Press release: Stockholm, March 24, 2022, 10:00 CET Sotkamo Silver AB (publ) is announcing via this press release the notice of the Annual General Meeting on 27 April 2022. The notice will be published on Sotkamo Silver’s website and in Post- och Inrikes Tidningar (Swedish Official Gazette). Information that the notice has been published will be announced in Dagens Nyheter.   Notice of Annual General Meeting in Sotkamo Silver AB (publ) on 27 April 2022   Sotkamo Silver Aktiebolag (publ), reg.no 556224-1892, gives notice of the Annual General Meeting (“AGM”) to be held on

SOTKAMO SILVER HAS RESOLVED ON A DIRECTED ISSUE OF CONVERTIBLES AMOUNTING UP TO MEUR 6.4

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, NEW ZEALAND, THE UNITED STATES, OR ANY OTHER COUNTRY WHERE SUCH PUBLICATION, NOTICE OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WOULD REQUIRE ADDITIONAL DOCUMENTS TO BE PREPARED OR REGISTERED OR REQUIRE ANY OTHER MEASURES TO BE TAKEN, IN ADDITION TO THE REQUIREMENTS UNDER SWEDISH LAW. PLEASE SEE “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE.Press release: Stockholm, March 21, 2022, 16:50 CET The Board

SOTKAMO SILVER HAS RESOLVED TO AMEND THE TERMS AND CONDITIONS FOR OUTSTANDING CONVERTIBLES OF SERIES 2018/2022

Press release: Stockholm, March 17, 2021, 13:10 CET The Board of Directors of Sotkamo Silver AB (publ) ("Sotkamo Silver" or the "Company") has in agreement with the holders of the Company's outstanding convertibles of series 2018/2022 (the "2018 Convertibles") resolved to amend the terms and conditions of the 2018 Convertibles, to allow early redemption of the 2018 Convertibles. The Company and the holders of the 2018 Convertibles have reached an agreement for amendment of the terms and conditions of the 2018 Convertibles, which allows the Company to redeem all outstanding

SOTKAMO SILVER ANNOUNCES A WRITTEN PROCEDURE TO AMEND THE TERMS AND CONDITIONS OF ITS EUR 13,200,000 SENIOR SECURED FIXED RATE NOTES DUE 27 JUNE 2022

Press release: Stockholm, March 4, 2021, 14:00 CET Sotkamo Silver AB’s wholly owned subsidiary Sotkamo Silver Oy (the “Company”) has decided to commence a consent solicitation by way of a written procedure (the “Written Procedure”) in order to amend the terms and conditions (the “Terms and Conditions”) of its EUR 13,200,000 Senior Secured Fixed Rate Notes (ISIN: FI4000315379) (the “Notes”). The Written Procedure will be conducted followings those terms and conditions that are described in a request (“Request”) dated 4 March 2022 and addressed to the holders of the Notes (“Noteholders”)

QUARTERLY REPORT, FOURTH QUARTER 2021

  Press release: Stockholm, February 17, 2022, 08.45 CET HIGHLIGHTS OF THE FOURTH QUARTER 2021 · Net sales was 99 MSEK compared to the previous year 78 MSEK. The positive contributor was favourable development of zinc price · EBITDA was 28 MSEK (7) · EBIT was 6 MSEK (-16) · Cash and cash equivalents were 37 MSEK (35) · Investments were 25 MSEK (14) including tailings pond dam raise amounting to 11 MSEK · The production was about 341 000 (349 000) ounces of silver, 869 (969) ounces of gold, 466 (330) tonnes of lead, and 1 049 (757) tonnes of zinc in

SOTKAMO SILVER AB: Q4/2021 RELEASE AND WEBCAST

Press release: Stockholm, February 2, 2022, 15:30 CET   Sotkamo Silver AB will release Q4/2021 results on February 17, 2022, around 08:45 CET. The webcast to the investors will be held on February 17, 2022, at 10:00 Finnish time via a Teams-meeting.   You can register for the meeting on the company's website at: www.silver.fi/fi/sijoittajat/ilmoittaudu We will send registration instructions and a link to the event to those who have registered before the event. Please, make your registration by February 15, 2022.   The presentation will be in Finnish, and the material

SOTKAMO SILVER AB: SILVER PRODUCTION IN 2021 AND GUIDANCE FOR 2022

Press release: Stockholm, January 24, 2021, 08:15 CET Our silver production of the full year 2021 was 1.38 Moz, which is the same as the updated guidance given on December 9, 2021. Production guidance for 2022: We expect to produce ca. 1.5 million ounces of silver in 2022. However, our primary target is to maximise the revenue and operative cashflow. To achieve this, we adjust the mix of metals in our ore feed which might have an impact to the produced silver ounces. Stockholm, January 24, 2022 Sotkamo Silver AB Erkki Kuronen, CEO   Contact person Erkki Kuronen,

SOTKAMO SILVER INVESTIGATES REFINANCING OF FINANCIAL INSTRUMENTS MATURING IN 2022

Press release: Stockholm, January 11, 2021, 08:45 CET Sotkamo Silver AB and its Finnish subsidiary Sotkamo Silver Oy are investigating the conditions and opportunities for refinancing financial instruments maturing in 2022 (secured bond and convertible bond). At the same time, the company's main goal is to extend the maturity of its debt financing. The refinancing study is expected to be finalized so that Sotkamo Silver could decide on the possible refinancing during the spring of 2022. Stockholm, January 11, 2022 Sotkamo Silver AB Erkki Kuronen, CEO  Contact person

SOTKAMO SILVER AB: UPDATED GUIDANCE FOR SILVER PRODUCTION IN 2021

Press release: Stockholm, December 9, 2021, 16:00 CET Sotkamo Silver AB updates the estimate for silver production in 2021. We estimate that the annual silver production in 2021 will be ca 1.38 million ounces. In December we shall feed more than planned of marginal ore to the concentrating plant due to the delay of the open pit mining from the earlier schedule. Consequently, the annual silver production in 2021 is estimated to be slightly below the earlier production guidance. Updated production guidance for 2021: We estimate that the annual silver production in 2021 will be ca.

SOTKAMO SILVER AB REPORTS DIAMOND CORE DRILLING RESULTS OF THE FIRST PHASE OF THE P700 DRILLING PROGRAM OF THE SILVER MINE

Press release: Stockholm, October 21, 2021, 08:45 CET Sotkamo Silver AB is pleased to announce the assay results of the underground diamond core drilling conducted earlier this year. A total of ca. 4 420 meters were drilled as the first phase of P700 drilling program. The drill holes intersect the extension of the ore body at the depth of 350 to 500 meters from surface. The second phase of P700 drilling program is ongoing. The highlighted intercepts include: · T-56 intersected 42.05 meters at 128 g/t silver, 0.41 g/t gold, 0.22% lead and 0.44% zinc · T-64 intersected 15.60

QUARTERLY REPORT, THIRD QUARTER 2021

    Press release: Stockholm, October 15, 2021, 08.45 CET HIGHLIGHTS OF THE THIRD QUARTER 2021 · Net sales was 83 MSEK (130) · EBITDA was 13 MSEK (58) · EBIT was -9 MSEK (40) · Earnings per share was -0,07 SEK (0.18) · Operative cashflow in Q3 was 14 (22) MSEK and cash and cash equivalents were 48 MSEK (30) · Investments were 10 MSEK (4) · The production was about 308 000 (433 000) ounces silver, 839 (923) ounces gold, 323 (419) tonnes lead, and 742 (818) tonnes zinc in concentrates · Costs, i.e., supplies and other expenses, were 59 MSEK which was

SOTKAMO SILVER AB: NEW CHIEF FINANCIAL OFFICER

Press release: Stockholm, September 17, 2021 14:00 CETSotkamo Silver AB is pleased to announce the appointment of Mr. Tommi Talasterä as the new Chief Financial Officer (CFO) of the group companies. Mr. Talasterä has Master of Science degree from  Svenska Handelshögskolan in Helsinki, and he has previously served as CFO and Finance manager both in the mining industry, manufacturing and service sector. He will join Sotkamo Silver from the CFO position of Profile Vehicles, and will take up his position before the end of November 2021. Mikko Sopanen has decided to endeavour his career

SOTKAMO SILVER AB: Q2/2021 RELEASE AND WEB CAST

Press release: Stockholm, July 8, 2021, 16:30 CETSotkamo Silver AB will release Q2/2021 results on July 15, 2021, around 08:45 CET. The webcast to the investors will be held on July 15, 2021, at 10:00 Finnish time via a Teams-meeting. You can register for the meeting on the company's website at: www.silver.fi/fi/sijoittajat/ilmoittaudu  We will send registration instructions and a link to the event to those who have registered before the event. Please, make your registration by July 14, 2021. The presentation will be in Finnish, and the material is in English. The presentation

SOTKAMO SILVER AB: NEW NUMBER OF SHARES AND VOTES

Press release: Stockholm, June 30, 2021 10:00 CEST During June, the number of shares and votes in Sotkamo Silver AB has increased due to the exercising of warrants of series 2020/2021. Prior to the exercise of warrants of series 2020/2021, there were 190,052,107 shares and votes in the company. Today, on the last trading day of the month, there are in total 200,366,211 shares and votes in the company. Stockholm June 30, 2021 Sotkamo Silver AB Erkki Kuronen, CEO  Contact person Erkki Kuronen, CEO, tel. +358 50 599 3539  This information is information that Sotkamo

SOTKAMO SILVER ANNOUNCES OUTCOME OF EXERCISE OF WARRANTS OF SERIES 2020/2021

Press release: Stockholm, June 1, 2021 17:50 CET The exercise period for Sotkamo Silver's warrants of series 2020/2021 ended May 28, 2021. In total, 10,314,104 warrants of series 2020/2021 were exercised, corresponding to a subscription rate of approximately 91.7 percent. Sotkamo Silver will thereby receive proceeds of approximately MSEK 20.6[1], before issue costs.Exercised warrants have been replaced by interim shares until the new shares have been registered with the Swedish Companies Registration Office. The interim shares are not subject to any organized trading. Conversion of

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Subscribe