Companies invest in Silver Resources/Gexco merger

Finnish investment companies Finnish Industry Investment and Teknoventure Management, along with Swedish private investors, have invested €2.7m (£2.2m) in an acquisition in which Oulu-based silver mining company Silver Resources merged with Gexco, a Swedish company engaged in the exploration and development of silver, gold and zinc.

Gexco was listed on Stockholm’s NMG Equity exchange for Nordic growth companies and the company’s name will be changed to Sotkamo Silver during August this year.