"The necessary permits to start mining production in Finland can be divided into three categories – mining-, environmental- and planning-permits. The Ministry of Employment and Economy granted in April 2011 Sotkamo Silver the Mining Concession to conduct mining-activities in the area. Now the company has taken another important step and submitted for an environmental-permit application for regulatory review", comments Timo Lindborg, CEO of Sotkamo Silver AB.
Stockholm, July 1, 2011
SOTKAMO SILVER AB
Timo Lindborg, CEO
About Sotkamo Silver AB:
Sotkamo Silver AB´s business concept is to exploit mineral deposits in the Nordic countries with regard to human society and environment. Sotkamo Silver owns, through its subsidiary mineral deposits, which contains silver and gold in Finland. The Company’s main development project is the Taivaljärvi Silver Mine.
Sotkamo Silver applies SveMin’s & FinnMin’s respective rules of reporting for public mining & exploration companies. Sotkamo Silver has chosen to report 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.
The shares are traded at the Burgundy market place and NGM Equity in Stockholm.
The ticker symbol is SOSI. ISIN-code for Sotkamo Silver shares is SE0001057910.
Read more about Sotkamo Silver on www.sotkamosilver.com or www.silver.fi
For further information: Dr. Timo Lindborg, CEO, phone: +46-8-30 49 20
