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Soma Gold Corp
Symbol SOMA
Shares Issued 93,321,820
Close 2025-09-09 C$ 1.27
Market Cap C$ 118,518,711
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Soma Gold's Operadora Minera employees go on strike

2025-09-10 01:00 ET - News Release

Mr. Geoff Hampson reports

UNION COMMENCES STRIKE AT SOMA GOLD'S COLOMBIAN OPERATIONS

Sintramienergetica, Seccional Zaragoza, the union representing the employees of Operadora Minera SAS, a wholly owned subsidiary of Soma Gold Corp., has elected to initiate strike action, effective immediately.

The company has been engaged in good faith negotiations and recently presented a comprehensive offer that included significant increases in wages, benefits, living allowances, additional days off and a meaningful signing bonus. Nevertheless, the union declined to respond to the latest proposal and initiated strike action this morning, resulting in the suspension of operations at both the Cordero mine and El Bagre gold complex.

Geoff Hampson, Soma's chief executive officer, stated: "Soma remains committed to continuing good faith negotiations and to reaching a fair and mutually beneficial resolution. Our most recent offer reflects our sincere intent to support our work force, improve conditions and ensure long-term stability for the operation and the community. While we are disappointed by the decision to strike, we respect the union's rights, and remain open and available to resume discussions at any time. We have proposed binding arbitration as a path forward, which was declined by the union."

About Soma Gold Corp.

Soma Gold is a profitable mining company focused on gold production and exploration. The company owns over 43 square kilometres of mineral concessions following the prolific Otu fault in Antioquia, Colombia, and two fully permitted mills located within 25 kilometres of each other, with a combined milling capacity of 675 tonnes per day. El Bagre mill operates at 450 tpd, and El Limon mill is slated to restart operations in third quarter 2025. Internally generated funds are being used to finance a regional exploration program.

With a solid commitment to sustainability and community engagement, Soma Gold 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.

We seek Safe Harbor.

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