Soma Gold Announces a Theft at the La Ye Mine in El Bagre, Colombia

June 12, 2020, Vancouver, B.C. – Soma Gold Corp. (the “Company” or “Soma”) announces that a robbery occurred at the Company’s wholly-owned La Ye Mine in El Bagre, Colombia, on June 10th. An armed group of individuals entered the mine site after a gold pour but before the doré was transported by helicopter to the refinery in Medellin. No employee was injured during the theft but the thieves were able to steal a doré bar of 475 equivalent gold ounces. The Police and Colombian Military have been to the site and an active investigation is underway. The gold was insured and the Company expects a full recovery.

Javier Cordova, the Company’s CEO, states, “the thieves took advantage of a change in the protocols during the transition as a result of the recent acquisition of Operadora by Soma. New protocols and a full security review have been instituted.”