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SOMA.V ·

V6 e 3 S 7 SOMA Gold Corp. Announces a Delay in Filin G Ni 43 - 101 Technical Report on the El Bagre Underground Gold Operation and the Nechi Gold Project

Technical Reports (NI 43-101)

SOMA GOLD CORP. (formerly Para Resources, Inc.)

970 – 1050 West Pender Street Vancouver, British Columbia V6E 3S7

SOMA GOLD CORP. ANNOUNCES A DELAY IN FILING NI 43-101 TECHNICAL REPORT ON THE EL BAGRE UNDERGROUND GOLD OPERATION AND THE NECHI GOLD PROJECT

June 2, 2020, Vancouver, B.C. – Soma Gold Corp (formerly Para Resources Inc.) (the “Company” or “Soma”) (TSXV - “SOMA”) (WKN – “A14YF1”) (OTC – “PRSRF”) The Company advises that in accordance with BC Instrument 51-515 Temporary Exemption from Certain Corporate Finance Requirements of the British Columbia Securities Commission (the "Blanket Exemption Order") which was adopted for the purpose of providing certain filing and other relief to issuers in light of the challenges posed by the COVID-19 pandemic, it is relying on the Blanket Exemption Order to extend the filing date on SEDAR of the NI 43-101 Technical Report on the El Bagre Underground Gold Operation and the Nechi Gold Project, Department of Antioquia, Colombia, past the 45 day time frame (which would have been June 1, 2020). The Report is expected to be filed on SEDAR by June 5, 2020.

The Company’s insiders remain in a trading blackout in accordance with the Blanket Exemption Order.

ABOUT SOMA:

Soma is a junior gold mining and exploration company. The Company owns a mining project in Colombia called El Limon. A Definitive Agreement has been entered into to purchase the adjacent operating mine called La Ye. The La Ye mine is currently operating and generating positive cash flow. Internally generated funds will be used to finance a regional exploration program.

Soma’s management team is seasoned and proven, having discovered, built, managed and sold several different mines over the last 40 years.

On behalf of the Board of Directors

“C. Geoffrey Hampson”

C. Geoffrey Hampson, Executive Chairman of the Board

For further information, please contact Andrea Laird, telephone: +1-604-259-0302 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.