CatalystFixed Income
Soma Gold arranges C$2.5M revolving credit facility from CEO Geoff Hampson
Soma Gold secures C$2.5M revolving credit from CEO Geoff Hampson.
Context
What happened: Soma Gold (SMAGF) arranged an unsecured revolving credit facility of up to C$2.5M from Hampson Equities Ltd., a firm controlled by Chairman and CEO Geoff Hampson.
Key numbers: Facility up to C$2.5M.
Why it matters: The company plans to use the funds for general working capital. The lender is controlled by its Chairman and CEO.
What changed
Soma Gold (SMAGF) arranged an unsecured revolving credit facility of up to C$2.5M from Hampson Equities Ltd., a firm controlled by Chairman and CEO Geoff Hampson.
Why it matters
The company plans to use the funds for general working capital. The lender is controlled by its Chairman and CEO.
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Oct 16, 2026 10:06 AM ET