Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Soma Gold Announces $15 million Non-Brokered LIFE Private Placement

Newswire.ca - Mon Jul 28, 2025

VANCOUVER, BC, July 28, 2025 /CNW/ - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: SMAGF) (the "Company" or "Soma") is pleased to announce a non-brokered private placement offering (the "Offering") of up to 13,043,478 units of the Company (each, a "Unit") at a price of C$1.15 per Unit, for gross proceeds of up to C$15,000,000 (the "Base Offering"), with an option to increase the size of the Offering by up to an additional 15% (the "Greenshoe Option"), for total gross proceeds of up to C$17,250,000 if fully exercised. The Offering is being completed pursuant to the amendments to National Instrument 45-106 - Prospectus Exemptions set forth in Part 5A thereof (the "LIFE Exemption") to purchasers resident in Canada, except Québec, and such other jurisdictions outside of Canada in compliance with applicable securities laws of those jurisdictions.

Read more at newswire.ca

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.