Soma Gold Bolsters Board with Appointment of Terry Krepiakevich
Thursday, Nov 14, 2024 4:26 am ET
4min read Soma Gold Corp. (TSXV: SOMA) has announced the appointment of Terry Krepiakevich, FCPA, FCA, ICD.D, to its Board of Directors, effective immediately. This strategic move brings a wealth of experience in financial oversight, corporate governance, and strategic leadership to Soma's board, further strengthening the company's growth initiatives.
Krepiakevich's extensive career spans over a decade in senior executive and board roles, with notable experience as Director and Audit Committee Chair for Alexco Resource Corp., a TSX- and NYSE-listed mining company. His professional credentials include being a Fellow of the Chartered Professional Accountants of British Columbia and a certified member of the Institute of Corporate Directors. Krepiakevich's expertise in audit, compensation, and governance for publicly listed companies will provide Soma with invaluable insights into enhancing shareholder value and reinforcing its corporate governance framework.
Geoff Hampson, President and CEO of Soma Gold, states, "We are thrilled to welcome Terry to our Board. His broad experience and financial acumen will be instrumental in supporting our growth initiatives. As we advance our projects and look at new opportunities, Terry's extensive experience and contacts in the mining industry will provide management and the board welcome guidance, creating tremendous value for Soma and its shareholders."
This appointment is subject to shareholder approval at the Company's Annual General Meeting, scheduled for December 9, 2024.
Soma also announces, subject to regulatory approval, the grant of 100,000 stock options to a director to purchase common shares of the Company in accordance with its Equity Incentive Plan. The options vest immediately and are issued at an exercise price of 55 cents per common share. They expire five years from the date of issuance. Upon completion of this grant, 5,342,000 options and RSUs will be granted under the plan, representing 5.80% of the company's outstanding shares.
Soma Gold Corp. (TSXV: SOMA) is a mining company focused on gold production and exploration. The Company owns two adjacent mining properties in Antioquia, Colombia, with a combined milling capacity of 675 tpd (permitted for 1,400 tpd). The El Bagre Mill is currently operating and producing. Internally generated funds are being used to finance a regional exploration program. With a solid commitment to sustainability and community engagement, Soma Gold Corp. is dedicated to achieving excellence in all aspects of its operations.
The appointment of Terry Krepiakevich to Soma Gold's Board of Directors aligns with the author's investment preferences for stability, predictability, and consistent growth. Krepiakevich's track record and expertise in financial oversight and corporate governance will help Soma Gold navigate its projects and new opportunities more effectively, creating tremendous value for the company and its shareholders. As an investor, focusing on companies like Soma Gold that prioritize robust management and enduring business models can lead to a balanced portfolio and steady returns.
Krepiakevich's extensive career spans over a decade in senior executive and board roles, with notable experience as Director and Audit Committee Chair for Alexco Resource Corp., a TSX- and NYSE-listed mining company. His professional credentials include being a Fellow of the Chartered Professional Accountants of British Columbia and a certified member of the Institute of Corporate Directors. Krepiakevich's expertise in audit, compensation, and governance for publicly listed companies will provide Soma with invaluable insights into enhancing shareholder value and reinforcing its corporate governance framework.
Geoff Hampson, President and CEO of Soma Gold, states, "We are thrilled to welcome Terry to our Board. His broad experience and financial acumen will be instrumental in supporting our growth initiatives. As we advance our projects and look at new opportunities, Terry's extensive experience and contacts in the mining industry will provide management and the board welcome guidance, creating tremendous value for Soma and its shareholders."
This appointment is subject to shareholder approval at the Company's Annual General Meeting, scheduled for December 9, 2024.
Soma also announces, subject to regulatory approval, the grant of 100,000 stock options to a director to purchase common shares of the Company in accordance with its Equity Incentive Plan. The options vest immediately and are issued at an exercise price of 55 cents per common share. They expire five years from the date of issuance. Upon completion of this grant, 5,342,000 options and RSUs will be granted under the plan, representing 5.80% of the company's outstanding shares.
Soma Gold Corp. (TSXV: SOMA) is a mining company focused on gold production and exploration. The Company owns two adjacent mining properties in Antioquia, Colombia, with a combined milling capacity of 675 tpd (permitted for 1,400 tpd). The El Bagre Mill is currently operating and producing. Internally generated funds are being used to finance a regional exploration program. With a solid commitment to sustainability and community engagement, Soma Gold Corp. is dedicated to achieving excellence in all aspects of its operations.
The appointment of Terry Krepiakevich to Soma Gold's Board of Directors aligns with the author's investment preferences for stability, predictability, and consistent growth. Krepiakevich's track record and expertise in financial oversight and corporate governance will help Soma Gold navigate its projects and new opportunities more effectively, creating tremendous value for the company and its shareholders. As an investor, focusing on companies like Soma Gold that prioritize robust management and enduring business models can lead to a balanced portfolio and steady returns.
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