Press release: Stockholm, September 16, 2022, 11:00 CET
Board of Directors of Sotkamo Silver AB has appointed COO Mikko Jalasto to a new Chief Executive Officer (CEO) and managing director of Sotkamo Silver Oy. He will start in his new position immediately. Former CEO Erkki Kuronen gave the notice of resignation, and he will continue in a Company for an agreed period to ensure smooth transition.
"I wish success to Mikko Jalasto, and I am confident that he, together with the management team and personnel, will continue the development of the Company and successful implementation of its strategy. At the same time, on the behalf of the entire board, I thank Erkki for his work for Sotkamo Silver", says Eeva-Liisa Virkkunen, the Chairman of the Board of Directors.
“I have been closely developing Sotkamo Silver's operations during the past two years. Now I am happy to take on CEO position of the Company with respect. Together with the management team and personnel we will further strengthen safe, responsible, and efficient operations. Our strength is working together, which is even more important in this current economic and market situation. I would like to thank the Board for the trust, and for my part, Erkki, for his valuable work for the Company”, says new CEO Mikko Jalasto.
"The past six years at Sotkamo Silver have been eventful and amazing experience. We have come a long way and I would like to thank my colleagues, the board and all partners and stakeholders for the support and cooperation. I wish Mikko and the Company the best of success" says Erkki Kuronen.
Stockholm, September 16, 2022
Sotkamo Silver AB
The Board of Directors
Mikko Jalasto, tel, +358 50 482 1689
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 September 16, 2022, at 11:00 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´s business concept is to develop mineral deposits with regards to human society and environment. The Company owns the Silver Mine in Sotkamo which started production in March 2019. In addition, the Company holds mining and exploration rights to precious and base metal deposits in Finland.
The company applies International Financial Reporting Standards (IFRS) as approved by the European Union.
The ticker symbol is SOSI on NGM Main Regulated Equity in Stockholm and SOSI1 on Nasdaq Helsinki.
ISIN-code for Sotkamo Silver shares is SE0001057910.
Legal Entity Identifier (LEI): 213800R2TQW1OZGYDX93
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