Soma Gold Corp.

Recent News

  • Soma Announces Gold Production of 1,610 Ounces in October 2020

    Vancouver, British Columbia--(Newsfile Corp. - November 5, 2020) - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: PRSRF) (formerly Para Resources Inc.) (the "Company" or "Soma") announces that its wholly-owned subsidiary, Operadora Mineras S.A.S. produced 1,610 ounces of Au in October, ahead of a budget of 1,204 ounces. The Company sold 1,471 ounces at an average price of US $1,843 per ounce Au during the month. During October, Soma completed 808 meters of additional exploration drilling, which was split...

    2020-11-05 7:20 AM ET
  • Soma Gold Acquires Minority Interest in Four Points Mining to Achieve 100% Ownership

    Vancouver, British Columbia--(Newsfile Corp. - October 20, 2020) - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: PRSRF) (formerly Para Resources Inc.) (the "Company" or "Soma") is pleased to announce that is has entered into a share purchase agreement (the "Agreement") with two arm's length parties, Mineral FF S.A.S. and Rulvix Holding Inc (together, the "Vendors"), to purchase the 25,992 common shares (the "Acquisition") in the capital of Four Points Mining S.A.S. ("Four Points"). As a result of the Agreement,...

    2020-10-20 5:15 AM ET
  • Soma Gold Announces Results of New Drilling Program on Extension of the Cordero-Balvina Mineralization

    Vancouver, British Columbia--(Newsfile Corp. - October 15, 2020) - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (formerly Para Resources Inc.) (the "Company" or "Soma") announced today the results of the next phase of the ongoing drilling program to delineate the northern extension of the Cordero - Balvina mine on the El Bagre Project. About the El Bagre mining projectThe underground gold project is located 167km northeast of Medellin, in the department of Antioquia, within the jurisdiction of Zaragoza...

    2020-10-15 5:15 AM ET
  • Soma Gold Announces Gold Production in Q3 2020 of 4,427 Ounces of Gold, Exceeding Forecast by over 25%; US$8.28M in Quarterly Revenues; Live Investor Webinar on October 13 at 11 AM ET

    Vancouver, British Columbia--(Newsfile Corp. - October 6, 2020) - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: PRSRF) (formerly Para Resources Inc.) (the "Company" or "Soma")  announced today that the total gold produced and sold at its El Bagre mine in Colombia was 4,427 ounces for the Quarter ended September 30, 2020, exceeding expectations by 25%. This production of gold generated a revenue of USD $8.28 million for the third quarter. Q3 2020 PRODUCTION AT EL BAGRE MINE

    2020-10-06 5:15 AM ET
  • Soma Gold Announces It Has Closed a US $5 Million Offtake Financing with Nueva Granada Gold Corp and Made the US $ 4.5 Million Second Tranche Payment to Mineros

    Vancouver, British Columbia--(Newsfile Corp. - September 9, 2020) - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: PRSRF) (formerly Para Resources Inc.) (the "Company" or "Soma") announces that the Company has entered into an Off Take Agreement with Nueva Granada Gold Corp ("NG") and a Purchase and Refining Agreement (collectively the "Agreements") with MVPR International Incorporated ("MVPR") (a wholly-owned subsidiary of NG) for the mineral production at the Company's Operadora Mineras S.A.S. ("Operadora") operations in Antioquia, Colombia. The terms of the...

    2020-09-09 6:11 AM ET
  • Soma Gold Announces the Granting of Final Permits and the Commencement of Construction of the Balvina Cordero Portal

    Vancouver, British Columbia--(Newsfile Corp. - August 19, 2020) - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: PRSRF) (formerly Para Resources Inc.) (the "Company" or "Soma") announces that the Company has received the final permit needed to start the construction of the Balvina Cordero access portal. The work has commenced and is expected to proceed quickly with initial access to the target vein in late November 2020. The development program will begin to access levels 2 and 5 and...

    2020-08-19 5:15 AM ET
  • Soma Gold Announces Operadora July Gold Sales of 1,204.33 Ounces

    Vancouver, British Columbia--(Newsfile Corp. - August 5, 2020) - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: PRSRF) (formerly Para Resources Inc.) (the "Company" or "Soma") announces that the Company produced and sold a total of 1,204.33 equivalent ounces¹ of gold in doré during the month of July 2020, slightly ahead of budgeted sales of 1,156 AuEq ounces. The Company sold the doré bars for a total of US $2,225,765.42 or US $1,869.67 per equivalent ounce of gold, ahead of...

    2020-08-05 5:30 AM ET
  • Soma Completes Over Subscribed Non-Brokered Private Placement for $4.44 Million

    Vancouver, British Columbia--(Newsfile Corp. - July 6, 2020) - Soma Gold Corp. (TSXV: SOMA) (WKN: A14YF1) (OTC: PRSRF) (formerly Para Resources Inc.) (the "Company" or "Soma") announces that it has closed its non-brokered private placement (the "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 a "Warrant"). Each Warrant...

    2020-07-06 5:15 AM ET