Soma Gold Secures CA$2.5 Million Credit Facility
MT newswire2026/10/16 11:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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07:02 AM EDT, 10/16/2026 (MT Newswires) -- Soma Gold (SOMA.V) has arranged an unsecured revolving credit facility of up to CA$2.5 million from Hampson Equities, the company said Friday. Proceeds from the credit facility will be used for working capital purposes and purchasing of mineralized material from third-party producers in Colombia. Hampson Equities is controlled by Geoff Hampson, chief executive officer and chairman of Soma Gold. The credit facility was reviewed and approved by Soma's board, with Hampson declaring his interest and abstaining from the vote.
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