Business Concept, Objectives and Vision

Business Concept

Sotkamo Silver's business concept is to exploit mineral deposits in the Nordic countries with regard to human society and environment. Sotkamo Silver aims to be a leading developer of Nordic mineral deposits. The goal is to increase mineral resources and ore reserves by exploration, deposit development and acquisitions, or partnerships.

Sotkamo Silver owns through its wholly owned subsidiary a silver deposit in Taivaljärvi, Finland, and a gold deposit in Hopeavuori in the Tampere region, Finland. In addition, there is one gold deposit, Harnäs, which is a former small scale gold mining site in Sweden.

Sotkamo Silver activities will be intensified in Finland by completing a "feasibility study" for Taivaljärvi Silver Mine with the objective to come into production late 2013.

Business Objectives

Short-term goals

• Establish a plan that allows continued development of the silver project in Taivaljärvi through a so-called feasibility study and further define the mineral resource base.

• Implement the planned feasibility study for Taivaljärvi and start financing negotiations.

• Monitor applications for environment permits and concessions for regular mining operations in Taivaljärvi.

Long-term goals

• Develop Sotkamo Silver to a producing mining company with good returns for shareholders.

• Continue to develop the other projects of Sotkamo Silver.

Financial targets and dividend policy

The overall financial objective of Sotkamo Silver is to deal with the shareholders' capital in a cost effective and responsible manner to maximize value creation.

Sotkamo Silver does not pay any dividend and does not intend to do so until the Company generates profits.

Business Vision

In order to achieve the goals of Sotkamo Silver the management has formulated the following strategies:

1. Sotkamo Silver will operate with a team, which has a solid expertise in geology, mining, entrepreneurship and management.

2. Sotkamo Silver will use external and independent experts to reviews and evaluate the Company's estimates of reserves and resources and technical reports.

3. Sotkamo Silver shall give clear and transparent information about market activity, primarily through press releases and activities through the Company website. The target group for information is primarily Company's over 6000 shareholders and potential new owners and investors.