SOMA Receives Prestigious Environmental Award
SOMA RECEIVES PRESTIGIOUS
ENVIRONMENTAL AWARD
VANCOUVER, BC
,
Dec. 5, 2023
/CNW/ -
Soma Gold Corp.
(TSXV: SOMA) (WKN: A2P4DU)
(OTC: SMAGF) (the "
Company
" or "
Soma
") is pleased to announce that its subsidiary Operadora
Minera SAS ("Operadora") has been awarded the highest "Sustainability Seal" certification from the
regional environmental authority CORANTIOQUIA. This recognition is a testament to the Company's
commitment to sustainability and responsible practices at its El Bagre gold mining operation located
in Antioquia,
Colombia
.
The "Sustainability Seal" is only given to organizations that demonstrate outstanding sustainability
performance, surpassing regulatory requirements within the jurisdiction of CORANTIOQUIA.
Following a thorough assessment and evaluation of Operadora's environmental management
programs, CORANTIOQUIA has awarded Operadora the highest level of certification (AAA) for the
first time.
Javier Cordova
, President and CEO of SOMA, states: "We are honored to receive this prestigious
certification from CORANTIOQUIA. It reflects our team's hard work and dedication to responsible
and sustainable mining practices. Environmental stewardship is a fundamental value at Soma, and
we remain steadfast in our pursuit of innovative methods to minimize our impact, protect biodiversity,
and contribute to the well-being of local communities.
Operadora has implemented a range of initiatives aimed at reducing its environmental footprint,
enhancing energy efficiency, and ensuring proper waste management at the El Bagre operation.
These efforts include activities such as riverside reforestation, the installation of a water treatment
plant, and the transition to more environmentally friendly technologies. Soma is further dedicated to
fostering transparent communication with local stakeholders and actively funds social programs
focused on health, education, and economic development in the region.
The Company also announces that a company controlled by C.
Geoffrey Hampson
, the Executive
Chairman of the Board, intends to privately sell up to 1 million shares of the Company, to an arms-
length party for Estate and Tax Planning purposes. Mr. Hampson holds 18,194,619 shares (directly
and indirectly) and 1,093,666 Share Purchase Options (19.92% of Issued and 19.76% of the fully
diluted shares).
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
"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
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:
please contact Andrea Laird, telephone: +1-604-259-0302
CO: Soma Gold Corp.
CNW 07:20e 05-DEC-23