EURO RATE IS SET FOR THE SHARES SUBSCRIBED WITH THE SHARE-WARRANTS
Sotkamo Silver announces that with the share warrants, which was issued in connection rights issue in June 2016, can new shares be subscribed during period 1 August to 31 August. At subscription using share-warrants registered at Euroclear Finland, the set price for each subscribed share is 0.42 EUR / share.
EUR-value against SEK has been resolved based on fixing rate established by NASDAQ Stockholm AB on July 28th, 2016. (1 € = 9,5616 SEK).
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 8:45 CET on July 31th, 2017. Contact person Timo Lindborg, CEO of Sotkamo Silver AB, tel. +358 40 508 3 507.
The results from the first eight holes of the drill program are available on our website: http://www.silver.fi/sivu/en/reports_and_drilling_results/
The official Stock Exchange Releases are given in Swedish and there may be differences in the translated versions.
Stockholm July 31th 2017
Sotkamo Silver AB (publ)
Timo Lindborg, CEO
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 with the ticker symbol SOSI TO4 in NGM Equity and SOSI1EW116 in NASDAQ OMX Helsinki.
The number of outstanding warrants are 20,643,198. The Warrant gives the right to subscribe for one (1) share at 4 SEK in August 2017
Legal Entity Identifier (LEI): 213800R2TQW1OZGYDX93
The Company's press releases and financial reports are distributed via Cision Sverige and are available on www.silver.fi