Cerrado Gold is rated a strong buy due to deep value and imminent de-risking catalysts, despite market skepticism. Mont Sorcier's $1.6B NPV is heavily discounted pre-BFS, but transition to bankable status in Q2 2026 could rapidly close the NAV gap. Argentina's Minera Don Nicolas operations now generate positive EBITDA, reducing bankruptcy risk and funding future growth.
Cerrado Gold Inc. (OTCQX:CRDOF) Q2 2025 Earnings Conference Call August 25, 2025 11:00 AM ET Company Participants Michael McAllister - Vice President of Investor Relations Mark Peter Brennan - CEO & Chairman Jason Brooks - Chief Financial Officer Conference Call Participants Operator Thank you for standing by. This is the conference operator.
Cerrado Gold Inc. (OTCQX:CRDOF) Q1 2025 Earnings Conference Call May 29, 2025 11:00 AM ET Company Participants Mike McAllister - Vice President, Investor Relations Mark Brennan - Chief Executive Officer & Chairman Jason Brooks - Chief Financial Officer Operator Thank you for standing by. This is the conference operator.
Initial US$4 Million Peso Equivalent Option Payment received which further strengthens balance sheet Remaining consideration of US$10 Million Pesos equivalent payable on exercise; within 3 years Company well-positioned to drive future growth via its existing operating Minera Don Nicolas gold mine in Argentina and its Mont Sorcier development project in Quebec Company issues loan to Ascendant Resources Inc TORONTO, ON / ACCESSWIRE / December 30, 2024 / Cerrado Gold Inc. [TSXV:CERT][OTCQX:CRDOF][FRA:BAI0] ("Cerrado" or the "Company") announces that its wholly owned subsidiary Minera Don Nicolas SA ("MDN") has received the option payment of US$4 million equivalent in Argentina pesos at the CCL Buyers rate pursuant to the previously announced option agreement with Cerro Vanguardia S.A. ("CVSA") a wholly-owned subsidiary of AngloGold Ashanti Holdings Plc.
Initial US$4 Million Option Payment; Further strengthening balance sheet Remaining consideration of US$10 Million payable on exercise within 3 years Company well-positioned to drive future growth via its operating Minera Don Nicolas gold mine in Argentina and its Mont Sorcier High Grade Iron Ore development project in Quebec TORONTO, ON / ACCESSWIRE / December 23, 2024 / Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF)(FRA:BAI0) ("Cerrado" or the "Company") announces that it and its wholly owned subsidiary, Minera Don Nicolas S.A. ("MDN"), have entered into an option agreement ("Option Agreement") with Cerro Vanguardia S.A.
Gold equivalent production of 16,604 Gold Equivalent Ounces ("GEO") for Q3; On track for full year guidance of 50,000-60,000 GEO Adjusted EBITDA of $7.4 million for Q3, 2024 Decrease in the working capital deficit by over US$20 million year to date TORONTO, ON / ACCESSWIRE / November 28, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF)(FRA:BAI0) ("Cerrado" or the "Company") announces its operational and financial results for the third quarter ("Q3/24") including its Minera Don Nicolas ("MDN") gold project in Santa Cruz Province, Argentina and its Mont Sorcier High Quality Iron Project in Quebec. The Company's Q3/24 financial results continue to consolidate the expenses, assets, and liabilities related to the Monte Do Carmo gold project ("MDC") as the sale of MDC (the "Transaction") to Amarillo Mineração do Brasil Ltda.
Management and Directors do not believe Common Shares reflect the value of the Company's assets and future prospects TORONTO, ON / ACCESSWIRE / November 13, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") announces today that the TSX Venture Exchange ("TSXV") has accepted the Company's notice to implement a normal course issuer bid (the "NCIB") permitting the Company to repurchase, for cancellation, up to 5,170,903 common shares ("Common Shares") of the Company, representing 5% of the issued and outstanding Common Shares. The NCIB will commence on November 15, 2024 and will terminate on the earlier of (i) the Company purchasing 5,170,903 Common Shares, (ii) the Company providing notice of termination of the NCIB, and (iii) November 14, 2025.
Combined closing cash payments of US$30 million received Additional US$15 million future payments due to Cerrado TORONTO, ON / ACCESSWIRE / November 6, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") announces that it has completed the sale of its 100% interest in the Company's Monte Do Carmo project located in the State of Tocantins, Brazil to Amarillo Mineração do Brasil Ltda. ("Amarillo"), a wholly-owned subsidiary of Hochschild Mining PLC ("Hochschild"), in connection with the exercise of its option (the "Option") pursuant to an option agreement entered into on March 5, 2024 (the "Option Agreement")(the "Transaction").
Closing cash payments of US$30 million and an additional US$15 million future payments due to Cerrado Company well-positioned to drive future growth via its operating Minera Don Nicolas gold mine in Argentina and its Mont Sorcier iron ore project in Quebec TORONTO, ON / ACCESSWIRE / October 30, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") announces that Amarillo Mineração do Brasil Ltda. ("Amarillo") a wholly-owned subsidiary of Hochschild Mining PLC ("Hochschild"), has provided notice of exercise of its option ("Option"), pursuant to an option agreement entered into on March 5, 2024 (the "Option Agreement"), to purchase a 100% interest in the Company's Monte Do Carmo project ("MDC Project")located in the State of Tocantins, Brazil (the "Transaction"), for total consideration of US$60 million (approximately C$83 million) (the "Purchase Price"), subject to the achievement of certain milestones.
Enters IR Services Marketing Agreement with German Mining Networks GMBH TORONTO, ON / ACCESSWIRE / October 7, 2024 / Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") is pleased to announce the appointment of Andrew Croal as Chief Technical Officer. Mr. Croal is a Mining Engineer with 40 years of global mining experience in gold and base metal commodities.
Gold equivalent production of 16,255 GEO for Q2; On track for Full year guidance of 50,000-60,0000 GEO Adjusted EBITDA of $14.7 million for Q2 Operating results for Q2 highlight stable operating performance which is expected for the remainder of the year Recent 43-101 Mineral Resource Update and Preliminary Economic Assessment Completed for MDN showing an NPV5% of $111MM at $2,100 oz gold price over a 5 year mine life TORONTO, ON / ACCESSWIRE / August 29, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) announces its operational and financial results for the second quarter ("Q2/24") at its Minera Don Nicolas ("MDN") gold project in Santa Cruz Province, Argentina and at its Mont Sorcier Iron Project in Quebec. Production results for MDN were previously released on July 17, 2024.
Initial 3,000 metre drill program focused on the high-grade Goleta target and the Calandrias North down plunge extension Drill program is part of campaign targeting the expansion of life of mine and total mineral resources TORONTO, ON / ACCESSWIRE / August 20, 2024 / Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") is excited to announce the start of a new exploration campaign at its Minera Don Nicolás ("MDN") mine in Santa Cruz, Argentina, targeting the extension of the Life of Mine ("LOM") and the increase in mineral resources. The Company has started the first drilling consisting of approximately 3,000 metres on two key high-grade targets, being the Goleta zone and the Calandrias North downward plunge extension.