In 2022 Sotkamo Silver AB ("Sotkamo Silver" or the "Company") issued convertibles of series 2022/2026 in an aggregated nominal amount of EUR 6.4 million. Convertibles in an aggregated nominal amount of EUR 60,018 have been converted to shares. After the conversion, the aggregated nominal amount for the outstanding convertibles amounts to approximately EUR 6.3 million.

The conversion price per share was EUR 0.1538. Through the conversion, the total number of shares and votes in Sotkamo Silver increases with 390,234 to in total 286,148,387. Through the conversion, the share capital increases with SEK 376,231.582807 to in total SEK 275,880,780.656471.

Contact information
Tommi Talasterä, CFO, Sotkamo Silver
tommi.talastera@silver.fi
+358 40 712 6970

The official Stock Exchange Releases are given in Swedish and there may be differences in the translated versions.

Sotkamo Silver in brief
Sotkamo Silver is a mining and ore prospecting company that develops and utilises mineral deposits in the Kainuu region in Finland. Sotkamo Silver supports the global development towards green transition technologies and produces the metals needed responsibly and by taking local stakeholders into account. Sotkamo Silver’s main project is a silver mine located in Sotkamo, Finland. In addition to silver, the mine produces gold, zinc and lead. The company also has mining and ore prospecting rights for mineral deposits in the vicinity of the silver mine in Kainuu. Sotkamo Silver Group consists of the parent company Sotkamo Silver AB and its wholly owned Finnish subsidiary (Sotkamo Silver Oy). Sotkamo Silver is listed at NGM Main Regulated in Stockholm (SOSI), Nasdaq Helsinki (SOSI1), and Börse Berlin.

Read more about Sotkamo Silver on www.silver.fi/en/