Brief: Sotkamo Silver: Mining Associates subscribes for 1.4 mln shares

Sotkamo Silver AB

27/12/2016 08:15

Dec 27 (Reuters) - Sotkamo Silver AB  SOSIL.NGM : 
    * Mining Associates has by directed share issue, through its wholly-owned EuroMin Limited 
unit subscribed for first subscription of 1,398,572 shares at 3.5 Swedish crowns per share 
    * Additionally, by Jan. 31, 2017, through subsequent directed share issue, EuroMin can 
invest 3.2 million euros ($3.3 million) 
    * Subscription price of each share is 3.50 crowns in both subscriptions, totalling 
36,089,469.5 crowns (3.7 million euros) of equity investment  
 
     
Source text for Eikon:  ID:nWkrlA8898  
     
Further company coverage:  SOSIL.NGM  
 
($1 = 0.9571 euros) 
 
 (Gdynia Newsroom) 
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