Press release Stockholm, November 15th, 2019
The quarterly report of the third quarter that was published on November 15th 2019 is with this supplemented by SEK 18,880 thousand, fallen away from the liability side of the balance sheet. The amount regards a new Asset Retirement Obligation (ARO). The text has also been supplemented with a description of the provision's treatment and depreciation principle and corrected correction of earnings per share.
The reports are available at the Company webpage:
Stockholm, November 15th, 2019
Sotkamo Silver AB’s Board of Directors an CEO
Timo Lindborg, CEO of Sotkamo Silver AB, tel. +358 40 508 3 507
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 November 15, 2019, at 13.00 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 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, gold and tungsten in Finland and Sweden 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 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 at www.silver.fi