Sotkamo Silver AB

In the summer of 2025, Sotkamo Silver AB conducted a refinancing of its financial instruments. The arrangement consisted of a senior loan of 9.1 million euros and an “exchange offer” to convertible bondholders. As a result of the exchange offer, a share issue of approximately 3.2 million euros was carried out, and new convertible bonds with a nominal value of approximately 2.6 million euros were issued.

We acted as the financial advisor to the company in the financing arrangement.

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).