METRO Will appoint La Fleche as Chairman and Pierre Boivin, currently Chairman, Will Be appointed Vice Chairman and Lead Director, On September 27, 2026

METRO Board Will Appoint Marc Giroux, Currently Chief Operating Officer, As President and CEO effective September 27, 2026

METRO Board Will Appoint Marc Giroux, Currently Chief Operating Officer, As President and CEO effective September 27, 2026

METRO Says Eric La Fleche Will Retire as President and Chief Executive Officer at End of 2026 Fiscal Year

Soma Gold To Settle $25.8 Million of Debt Through Issuance of Common Shares

Soma Gold (SOMA.V) agreed to settle $25.78 million of debt through the issuance of its common shares, the company said on Tuesday.Pursuant to the debt settlement, the company will issue 23.44-million shares at $1.10 apiece to Conex Services, a company owned and controlled by Glenn Walsh, a director of Soma Gold. The debt was originally incurred in connection with a previous debt restructuring, it said."Conex determined that management's plan to increase production through the development of new mines on the property and the installation of mineral sorting equipment, which is expected to drive a ramp-up in gold production in 2027 and 2028, makes the current valuation attractive," said Soma Gold Chief Executive Geoff Hampson. "This transaction increases Conex's shareholding in Soma to 51.36% from 41.74% pre-conversion, eliminates 100% of the Conex debt, and dramatically strengthens our balance sheet."Following completion of the debt settlement, Glenn Walsh indirectly owns and exercises control over 72.9-million shares, about 51.4% of the issued and outstanding shares on a non-diluted basis or 55.3% on a partially diluted basis assuming conversion of all convertible securities, it said.Shares of the company closed down 1.1% to $0.94 on Monday on the TSX Venture Exchange.