Mr. Geoff Hampson reports

SOMA ANNOUNCES AN AGREEMENT TO END THE STRIKE

After 88 days of negotiations, 20 meetings and 57 days on strike, Soma Gold Corp. and Sintramienergetica Nacional, the union representing employees at the company's El Bagre operation, have reached an agreement, ending the strike. Reaching an agreement was made possible by the intervention and mediation of the Colombian vice-ministry of labour Sandra Munoz.

Geoff Hampson, Soma's chief executive officer, stated: "We are very thankful for the assistance and guidance provided by vice-minister Sandra Munoz, who helped resolve the final issues, and look forward to restarting operations as soon as possible. The company's negotiating team deserves credit for the long hours and hard work it took to achieve this result, and, for that, we are very appreciative and grateful."

Mr. Hampson further stated: "Now that the strike is over, we will be analyzing the financial impact and updating guidance for the balance of the year in the coming days. Guidance for 2026 will be unchanged."

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. Its El Bagre mill operates at 450 tpd, and its 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.

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