Soma Gold Secures Up to C$2.5 Million Revolving Credit Facility From Hampson Equities

Bitget2026/10/16 08:20

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Soma Gold arranged an unsecured revolving credit facility of up to C$ 2.5 million from Hampson Equities on Oct. 16, 2026.
The lender is controlled by Geoff Hampson, the borrower's CEO and chairman.
Advances bear fixed interest of 6% annually, with principal and accrued interest repayable six months after each advance.
The lender can demand repayment on five business days' written notice; advances may be prepaid without penalty or premium.
Proceeds will fund working capital and purchases of mineralized material from third-party producers in Colombia.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soma Gold Corp. published the original content used to generate this news brief via CNW (Ref. ID: 202610160420CANADANWCANADAPR_C9122) on October 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Soma Gold Secures Up to C$2.5 Million Revolving Credit Facility From Hampson Equities

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