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.

Press release: Stockholm, October 4, 2019, 10:45 am

Sotkamo Silver Oy has notified the monitoring authority, Kainuu ELY Center, about three anticipated deviations from the environmental permit conditions, regarding the permit conditions for annual total mining volume, sulphur concentration of the tailings and nitrogen concentration of the drainage water. In the notifications the company predicts the mining tonnage and emissions for the calendar year 2019 and their compliance with the permit and effects on the environment.

Press release: Stockholm, September 20, 2019, 8:45 am

Sotkamo Silver Oy strengthens the organization of Silver Mine with the following appointments.

Mikko Sopanen M.Sc. (Finance & Accounting) has been appointed to VP, Finance of Sotkamo Silver Oy. Mikko has earlier held positions in financial management and funding both in private equity and industry among others in Singapore and China. He moves to Sotkamo Silver from PricewaterhouseCoopers Oy where he has been working in financial management consulting. Mikko will start on 23rd of September 2019.

Press release: Stockholm, August 9, 2019, 16:00 pm

At the mine site of Sotkamo Silver Oy a pipe line broke due to a construction failure which resulted in water flowing into the nearby wetland between the concentrate plant and the side rock area. Elevated concentrations of nitrogen, sulphate, zinc, nickel and cadmium were observed in a ditch on the mining site in the environmental monitoring samples. In the lake Pieni Tipasjärvi levels of these elements were not found.