Press releases

20. June 2017 09:45

ARTO SUOKAS HAS BEEN APPOINTED AS DIRECTOR OF THE SILVER MINE

Arto Suokas will join Sotkamo Silver in mid-July 2017

Arto brings a profound track-record and a long experience in open pit and underground mine production, development, project management and construction works of mines. As Mine Director, he will take over the responsibility of developing the mine organisation and construction of the Silver Mine until production stage, in close association with the management of Sotkamo Silver.

He has worked successfully for more than 30 years in base-metal mining on several continents. His duties have included mine management, operations, and planning, both in underground and open pit mines. He also has strong experience in developing mine safety procedures.

Arto has been a project manager or team member in several mining projects, including the development and production start of Talvivaara open pit nickel mine. His main projects abroad have been underground drift-and-fill mine startup at Anglo American’s Lisheen zinc-lead mine in Ireland and the conversion of Digger Rocks nickel mine from open pit to underground mine in Western Australia. Arto Suokas is currently Mine Superintendent of Boliden`s Kevitsa Mine; annual mine production is up to 38 Million tonnes from which ca eight million tonnes are ore mining.

He has an MSc (Mining Engineering) degree from Aalto University (School of Engineering) in 1986 and MBA (Technology Management) from La Trobe University, Melbourne, Australia in 2005.

He has experience for more than 30 years from mining projects and international mining companies. Arto is a member of Australasian Institute of Mining and Metallurgy (AusIMM) and Finnish Association of Mining and Metallurgical Engineers.

We welcome Arto Suokas to the Company. His profound experience from development of mining projects and mine production strengthens the Company's management significantly.”, says Timo Lindborg, CEO

 
Stockholm June 20th 2017

Sotkamo Silver AB (publ)

Timo Lindborg, CEO

Contact person:

Timo Lindborg, CEO of Sotkamo Silver AB, tel. +358 40 508 3507

This information is information that Sotkamo Silver AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 08:45 CEST on JUNE 19, 2017.

The official Stock Exchange Releases are given in Swedish and there may be differences in the translated versions.


About Sotkamo Silver AB:

Sotkamo Silver AB´s business concept is to exploit mineral deposits in the Nordic countries with positive social and environmental benefits. Sotkamo Silver owns mineral deposits, which contain silver and gold in Finland as well as zinc 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 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 ticker symbol is SOSI in NGM Equity in Stockholm and SOSI1 in NASDAQ OMX Helsinki.
ISIN-code for Sotkamo Silver shares is SE0001057910.

ISIN- code for share warrants series 2016/2017 are SE0008373880. The Warrant gives the right to subscribe for one (1) share at 4 SEK in August 2017

Legal Entity Identifier (LEI): 213800R2TQW1OZGYDX93

Read more about Sotkamo Silver on www.sotkamosilver.com or www.silver.fi

The Company's press releases and financial reports are distributed via Cision Sverige and are available on www.silver.fi