Soma Gold Corp. (TSX-V:SOMA, OTCQX:SMAGF) has announced the appointment of seasoned executive Terry Krepiakevich to its board of directors.
The company highlighted that Krepiakevich has extensive experience in financial oversight and corporate governance and has previously served as Director and Audit Committee Chair for Alexco Resource.
"We are thrilled to welcome Terry to our board. His broad experience and financial acumen will be instrumental in supporting our growth initiatives,” Soma Gold CEO Geoff Hampson said in a statement.
“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."
Additionally, Soma Gold has granted 100,000 stock options to a director, with options exercisable at $0.55 per share, vesting immediately, and expiring in five years. This brings the total granted options and restricted stock units (RSUs) to 5,342,000, or 5.8% of Soma's outstanding shares.