Mr. Geoff Hampson reports

SOMA GOLD SUBMITS PTO MINING PERMIT APPLICATION FOR NECHI PROJECT IN COLOMBIA

Soma Gold Corp. has submitted the PTO (Permiso de Trabajo de Obra) mining permit application for its Nechi project in the department of Bolivar, Colombia.

Nechi is an underground development project located approximately 350 kilometres from Medellin and 65 km north of the company's El Bagre complex. It comprises the El Catorce, Santa Elena and Santa Maria deposits, all of which have undergone successful test mining with mineralized material processed at the company's El Bagre mill. Existing underground workings at Nechi are expected to facilitate an accelerated ramp-up.

The submission of the PTO application represents a key milestone in advancing the Nechi project to commercial production.

"Submitting the PTO application marks a significant step forward for Soma," said Geoff Hampson, chief executive officer of Soma Gold. "Once approved, the Nechi mine is expected to provide an additional 250 tonnes per day of feed to our El Bagre mill, translating to incremental production of approximately 25,000 gold equivalent ounces per year. We expect this to position Nechi as a meaningful contributor to our growth strategy in Colombia, further leveraging our existing processing infrastructure."

The company anticipates receiving approval of the permit before the end of 2026.

About Soma Gold Corp.

Soma Gold is a profitable mining company focused on gold production and exploration. The company owns over 430 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 TPD (tonnes per day). The El Bagre mill operates at 450 TPD and the El Limon mill restarted operations in Q3 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.