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SOMA GOLD Announces a New Union Contract with Employees at the El Bagre MINE

Corporate Updates

SOMA GOLD ANNOUNCES A NEW UNION

CONTRACT WITH EMPLOYEES AT THE EL

BAGRE MINE

VANCOUVER, BC

,

Sept. 29, 2022

/CNW/ -

Soma Gold Corp.

(TSXV: SOMA) (WKN: A2P4DU)

(OTC: SMAGF) (the "

Company

" or "

Soma

") announces that the union representing employees at

the Company's Operadora Minera SAS subsidiary and the Company have successfully completed

negotiations and entered a new contract. Regular work hours will resume on

September 29

th

, 2022.

Javier Cordova

, President and CEO, states, "Our team worked diligently with the union negotiators

over the last ten days and have now resolved all outstanding issues. Our thanks to them and the

Colombian Ministry of Labor for their assistance in keeping the duration of the strike to as short a

period as possible. Approximately 750 ounces of production were deferred during the work

stoppage. We will endeavor to make that up and still reach our goal of 24,000 ounces for fiscal

2022."

ABOUT SOMA GOLD

Soma Gold Corp. (TSXV: SOMA) is a mining company focused on gold production and exploration.

The Company owns two adjacent mining properties in Antioquia,

Colombia

with a combined milling

capacity of 675 tpd. (Permitted for 1,400 tpd). The El Bagre Mill is currently operating and

producing. Internally generated funds are being used to finance a regional exploration program.

The Company also owns an exploration property near Tucuma, Para State,

Brazil

that is currently

under option to Ero Copper Corp.

On behalf of the Board of Directors

"Javier Cordova Unda"

Chief Executive Officer and President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.

All statements, analysis and other information contained in this press release about anticipated

future events or results constitute forward-looking statements. Forward-looking statements are

often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan",

"estimate", "expect" and "intend" and statements that an event or result "may", "will", "should",

"could" or "might" occur or be achieved and other similar expressions. Forward-looking statements

are subject to business and economic risks and uncertainties and other factors that could cause

actual results of operations to differ materially from those contained in the forward-looking

statements. Forward-looking statements are based on estimates and opinions of management at the

date the statements are made. The Company does not undertake any obligation to update forward-

looking statements even if circumstances or management's estimates or opinions should change

except as required by applicable laws. Investors should not place undue reliance on forward-looking

statements.

SOURCE

Soma Gold Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/September2022/29/c3511.html

%SEDAR: 00030511E

For further information:

Andrea Laird, telephone: +1-604-259-0302

CO: Soma Gold Corp.

CNW 07:15e 29-SEP-22