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Soma Gold sees record gold sales for 2022 with 30% increase

(NewsDirect) Soma Gold CEO Javier Cordova joined Steve Darling from Proactive to share ne...

articleSoma Gold Corp.May 5, 20234/company/soma-gold-corp/news/soma-gold-sees-record-gold-sales-for-2022-with-30percent-increase
Soma Gold sees record gold sales for 2022 with 30% increase

About this update from Soma Gold Corp.

[{"type":"text","content":"\nSoma Gold sees record gold sales for 2022 with 30% increase\n \n \n (NewsDirect)\n \n \n \n \n Soma Gold CEO Javier Cordova joined Steve\nDarling from Proactive to share news the company has announced its\nfull-year financial and operating results which reveal record numbers.\n \n \n Cordova telling Proactive the\ncompany saw record gold sales of 23,115 ounces in 2022, a 30% increase\nfrom the previous year. The company generated $17.3 million of\nadjusted EBITDA, a 53% increase from the prior year.\n \n \n Cordova\nsaid he is pleased with the results, stating that more than 50% of the\nincrease in EBITDA has been used to make payments to the offtake\nagreement. The company is also focused on optimizing operations, fully\nutilizing milling capacity and lowering costs.\n \n \n \n Contact\nDetails\n \n \n \n Proactive Canada\n \n \n +1 604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n\n","length":1336,"tagName":"div"}]

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