SOMA GOLD Corp. Announces Resignation of CEO
SOMA GOLD CORP. ANNOUNCES
RESIGNATION OF CEO
VANCOUVER, BC
,
Jan. 16, 2024
/CNW/ -
Soma Gold Corp.
(TSXV: SOMA) (WKN: A2P4DU)
(OTC: SMAGF) (the "
Company
" or "
Soma
") announces that
Javier Cordova Unda
has temporarily
stepped down as the Chief Executive Officer of the Company in order to attend to personal matters.
He will continue to serve as the President and a director of the Company. C.
Geoffrey Hampson
,
who currently serves as Executive Chairman of the Company's Board, will act as interim CEO.
Geoffrey Hampson
, Chairman of the Board, states, "The Board of Directors maintains full confidence
and support for Mr. Cordova and will work with him to ensure continuity of management while he
works through these matters. We look forward to his returning to his role as soon as possible."
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.
With a strong commitment to sustainability and community engagement, Soma Gold Corp. is
dedicated to achieving excellence in all aspects of its operations.
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
"C.
Geoffrey Hampson
"
Chairman of the Board
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.
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For further information:
Andrea Laird, Corporate Secretary by telephone: +1-604-259-0302
CO: Soma Gold Corp.
CNW 07:20e 16-JAN-24