Soma Gold Corp.

717 Ounce Au Dore Bar Produced and Sold at Operadora Soma Gold Corp. announces that it has closed its non-brokered private placement in the amount of $4,440,000. The private placement was originally announced on May 29, 2020 for $3.75 million and was over-subscribed by $690,000. The Company has issued 29,599,997 common shares and 29,599,997 share purchase warrants . Each Warrant entitles the holder to acquire one common [...]

Soma Gold Corp. announces that a robbery occurred at the Company's wholly owned La Ye Mine in El Bagre, Colombia, on June 10th. An armed group of individuals entered the mine site after a gold pour but before the doré was transported by helicopter to the refinery in Medellin. No employee was injured during the theft but the thieves were able to steal a doré bar of 475 equivalent gold ounces. The Police and Colombian [...]

Soma Gold Corp. is pleased to announce the assays from the first 12 diamond drill holes, representing 3,306 m of the planned 15,000 m of drilling for 2020. The program was on the Northern extension of Cordero-Balvina Target, located on its El Bagre Mining Project, which is wholly owned by the Company. Highlights include: 3.05m at 18.98 g/t Au from 194.90 to 197.95 in BCNDDH_20_011, including 0.80m at 56.90 g/t Au 1.90m at [...]

Soma Gold Corp. is pleased to announce that it has closed the acquisition of 100% of the shares of Operadora Mineras S.A.S from Mineros, effective May 31, 2020. The payment of the first of US $1 million of the US $5.5 million purchase price, was made on May 29th. The second payment of US $4.5 million is due to Mineros by September 4, 2020. Soma has now assumed full operational control of Operadora. Acquisition Details [...]

Soma Gold Corp. is announcing that it will be delaying the filing and delivery of certain of its continuous disclosure documents, in accordance with BC Instrument 51-515 Temporary Exemption from Certain Corporate Finance Requirements of the British Columbia Securities Commission which was adopted for the purpose of providing certain filing and other relief to issuers in light of the challenges posed by the COVID-19 [...]

Para Resources is pleased to announce that it has completed the previously announced share consolidation of one new share for every ten old shares and a concurrent name change to Soma Gold Corp., with a new trading symbol of TSXV:SOMA. The Company also announces that it has arranged a non-brokered private placement for total gross proceeds of up to C$3,000,000. The Company's name change to "Soma Gold Corp." and [...]

Para Resources announces that the Definitive Agreements executed on March 25th, 2020, with Mineros, S.A. a simplified stock corporation, organized and existing under the Laws of Colombia and the Mining Title of Nechi, the portion of the Mining Title of R57011 and certain other Assets has been amended as follows: Mineros shall transfer to Para 100% of the Shares and the Assets to the Company and the Company shall pay to [...]

Para Resources Inc. announces it has entered into Definitive Agreements with Mineros, S.A. to acquire 100% of its wholly owned subsidiary Operadora Mineras S.A.S. for US$5.5 million. Operadora owns 100% of the La Ye Gold Operations and associated mineral rights. During its due diligence enquiries Para was able to confirm, based on financial statements audited by Deloitte and Touche, Ltda, that the Operadora mine has been [...]

Para Resources Inc. announces that due to circumstances created by the COVID-19 pandemic, the British Columbia Securities Commission and other members of the Canadian Securities Administrators granted "Issuers" in the Canadian securities industry up to an additional 45 days, to complete year-end statutory filings. The Company does not believe that it will be able to file its December 31, 2019 audited annual financial [...]

Aura Minerals Inc. and Para Resources Inc. are pleased to announce that, further to the joint press releases issued by Aura and Para on February 10, 2020 and March 9, 2020, Aura completed the purchase of all of the issued and outstanding shares of Para's wholly-owned subsidiary Z79 Resources, Inc. on March 27, 2020. Z79 owns through Gold Road Mining Corp. the Gold Road Mine located in Arizona and various options to [...]