Sotkamo Silver AB
Harnessing Nordic mineral deposits for a sustainable and beneficial future.
Harnessing Nordic mineral deposits for a sustainable and beneficial future.
Sotkamo Silver AB is a company focused on harnessing Nordic mineral deposits for a sustainable and beneficial future. The parent company, Sotkamo Silver AB, includes a wholly owned subsidiary, Sotkamo Silver Oy, located in Finland. The company's primary focus is on developing silver, gold, and zinc deposits in the Nordic region, particularly with the well-developed Silver Mine project in eastern Finland. Sotkamo Silver has completed the Definitive Feasibility Study for the Silver Mine project and is currently addressing project financing issues.
Additionally, the company also has two gold deposits: Harnäs, a former small-scale gold mining site in Sweden, and Hopevuori, a gold occurrence in Finland. While there are no resource estimates available for these deposits, they represent potential areas for future growth and development.
Sotkamo Silver is headquartered in Stockholm, Sweden, with a local office in Oulu and a field office in Sotkamo, Finland. Founded in 2010, the company recently received a kr38.40M post-IPO equity investment on March 10, 2023, marking a significant milestone in their financial development. The investors behind this latest investment round have not been disclosed.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Post-IPO Equity | kr38.40M | - | 10 Mar 2023 | |
| Post-IPO Debt | €14.60M | - | 11 Jan 2022 | |
| Private Equity Round | Unknown | 1 | Nordic Option | 01 Jan 2010 |
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