Brief: Sotkamo Silver: Directed issue towards EuroMin Limited

Sotkamo Silver AB

16/12/2016 10:13

Dec 16 (Reuters) - Sotkamo Silver AB  SOSIL.NGM  
    * Has resolved to direct 10,311,277 shares (3.6 million euros) to EuroMin Limited, which has 
also undertaken to lend 2 million euros  ($2.09 million) subordinated loan subject to agreed 
loan documentation, totalling 5.7 million euros 
    * Additionally, by Jan. 31, 2017,  via subsequent directed share issue, EuroMin can invest 
3.2 million euros 
    * EuroMin Limited aims to own about 9.1 pct of shares outstanding and respective voting 
rights in Sotkamo Silver  
 
Source text for Eikon:  ID:nNGn1trvYq  
Further company coverage:  SOSIL.NGM  
 
($1 = 0.9561 euros) 
 
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