Off-market insider buying at Soma Gold (V:SOMA)

Glenn Howard Walsh, a Director and 10% Holder, acquired 12,000,000 Common Shares on an indirect ownership basis for registered holder Conex Services Inc. at a price of $0.150 through a private transaction on July 3rd, 2020. The insider also acquired 12,000,000 Warrants on an indirect ownership basis with an exercise price of $0.250 for 2 years. This represents a $1,800,000 investment into the company's shares and an account share holdings change of 73.7%.

Christopher Geoffrey Hampson, CEO and Director, acquired 8,344,798 Common Shares and 8,344,798 Warrants on an indirect ownership basis for registered holder Hampson Equites Ltd. This represents a $1,251,720 investment into the company's shares and an account share holdings change of greater than 100%.

Soma Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Soma Gold Corp, formerly Para Resources Inc., is a Canada-based junior gold mining company. The Company is focused on South-American gold properties. It owns the El Bagre mine and El Limon mining project in Colombia. The mineralization of El Limon mine is embedded in the quartz-feldespathic gneisses. It owns exploration permits for approximately 22,990 hectares (ha). It also owns a small miner mill, which engages in crushing, grinding, gravity, float, leach, Merrill-Crowe and smelting. The El Bagre consists of the La Ye and Los Mangos operating underground gold mines and the Cordero mine development project. The on-site extraction plant processes approximately 350 tons per day (tpd) of material and typically produces around 20,000 ounce (oz) of gold ore annually.