SOTKAMO SILVER AB: SALE OF THE EXPLORATION PERMITS IN TAMPERE, FINLAND AND IN BERGSLAGEN, SWEDEN

Press release: Stockholm, August 14, 2020 14:30 CET

Sotkamo Silver has signed agreements for the sale of seven exploration permit applications in Tampere region (Finland) and seven exploration permits in Bergslagen (Sweden). The buyer is Dark Horse Resources Limited (ASX: DHR) through its fully owned subsidiaries Newpeak Finland Oy and Newpeak Sweden Oy. The sale is conditional to the approvals of the corresponding mining authorities in both countries and is expected to be closed by the end of 2020. The selling price is 150 000 euros.

The sale is part of Sotkamo Silver’s strategy to focus on the development of the Silver Mine and adjacent exploration targets.    

 

Stockholm August 14, 2020

 

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 the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above on August 14, 2020, at 14:30 CET.

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


About Sotkamo Silver AB

Sotkamo Silver´s business concept is to develop mineral deposits in the Nordic countries with regards to human society and environment. Sotkamo Silver owns through its subsidiary the Silver Mine in Sotkamo which started production in March 2019 and has reached full production capacity. In addition, the Company holds exploration rights to precious and base metal deposits in Finland, Sweden and Norway.

Sotkamo Silver applies SveMin's & FinnMin's own rules of reporting for public mining & exploration companies. Sotkamo Silver has chosen to publish 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.Legal Entity Identifier (LEI): 213800R2TQW1OZGYDX93

The ticker symbol is SOSI in NGM Equity in Stockholm and SOSI1 in NASDAQ Helsinki.

ISIN-code for Sotkamo Silver shares is SE0001057910.

Read more about Sotkamo Silver on www.silver.fi

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

Get in Touch

Sotkamo Silver in Sweden
Sotkamo Silver AB
Nybrogatan 34/Box 5216
SE-102 45 Stockholm

Telephone +358 50 599 3539
Sotkamo Silver in Finland
Sotkamo Silver Oy
Hopeatie 20
FI-88600 SOTKAMO

Telephone +358 44 733 2355

© 2020 Sotkamo Silver AB.