Press release: Stockholm, December 1, 2020 08:45 CET

The revised strategy of the Sotkamo Silver AB will be published on Thursday, December 10, 2020, at 10:00 Finnish time via a Teams-meeting.

You can register for the meeting on the company's website at:

www.silver.fi/fi/sijoittajat/ilmoittaudu
 

We will send registration instructions and a link to the event to those who have registered before the event. Please, make your registration by December 7, 2020.

Press release: Stockholm, November 3, 2020 15:00 CET

The Nomination Committee for the Annual General Meeting 2021 at Sotkamo Silver AB consists of:

Leena Siirala (Chairman), nominated by Ilmarinen Mutual Pension Insurance Company
Vesa Heikkilä, nominated by Timo Lindborg with companies
Tuomo Mäkelä, independent member, mining industry expert

   
Stockholm November 3, 2020

Sotkamo Silver AB

Erkki Kuronen, CEO

   
Contact person
Erkki Kuronen, CEO, tel. +358 50 599 3539

[image] Press release: Stockholm, 14 October 2020 13.00 CET
HIGHLIGHTS OF THE THIRD QUARTER 2020

• Net sales was 130 MSEK (82)
• EBITDA was 58 MSEK (33)
• EBIT was 40 MSEK (3)
• Earnings per share was 0.19 SEK (0.01) non-diluted, 0.18 SEK (0.01) diluted
• Cash and cash equivalents were 30 MSEK (7)
• Investments were 4 MSEK (28)
• The production was about 433 000 (358 000) ounces silver, 923 (1 081) ounces gold, 419 (445) tonnes lead, and 818 (1 010) tonnes zinc in concentrates
• Due to the pricing mechanism in use, the final meta

Press release: Stockholm, October 6, 2020 08:45 CET

Sotkamo Silver Oy has entered into an agreement with Boliden to purchase the mining and exploration rights of the Hietaharju and Peura-aho mining concessions and the Hietaharju North exploration area in Suomussalmi. The transfer of rights requires the approval of the Mining Authority (Tukes). The acquisition of the deposits is part of the company's strategy to focus on the development of mineral resources in the Kainuu region and strengthen Sotkamo Silver's position and raw material base.