VANCOUVER, BC, Jan. 12,
2024 /CNW/ - Soma Gold Corp. (TSXV: SOMA)
(WKN: A2P4DU) (OTC: SMAGF) (the "Company" or "Soma")
is pleased to announce that the Company will begin trading today on
the OTCQX Best Market under the symbol "SMAGF", having graduated
from the OTCQB® Venture Market. U.S. investors can find current
financial disclosures and Real-Time Level 2 quotes for the Company
on www.otcmarkets.com.
The OTCQX Market is designed for established, investor-focused
U.S. and international companies. To qualify for OTCQX, companies
must meet high financial standards, follow best-practice corporate
governance, and demonstrate compliance with applicable securities
laws. Graduating to the OTCQX Market from the OTCQB Market marks an
important milestone for companies, enabling them to demonstrate
their qualifications and build visibility among U.S. investors.
"We are delighted to have met the stringent requirements set by
the OTCQX Market, reflecting our dedication to upholding the
highest standards of corporate governance and financial reporting."
Said Geoff Hampson, Executive
Chairman of Soma Gold Corp. "This achievement is a testament to the
hard work and resilience of our team, and we believe it will
further solidify Soma's position as a trusted investment
opportunity." He further states, "The move to the OTCQX Market is a
crucial step in our ongoing development to foster increased
confidence among current and prospective investors. We remain
committed to creating value as we continue to grow and expand our
operations and presence in the market."
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
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.