Cerrado Gold Announces Resumption of Trading and Provides Update and Full-Year Guidance for Minera Don Nicholas Mine
Common shares to resume trading at the opening on August 8th, 2024 MDN operations are performing well with Q2/24 production of 16,255 Gold Equivalent Ounces ("GEO") Full-Year production guidance of 50,000 - 60,000 GEO at AISC of US$1,200-1,400/oz Recent PEA results for MDN show an NPV (5%) of $111MM at $2100/oz gold over a 5-year mine plan producing an average of approximately 56,000 GEO per annum Life of Mine Average annual EBITDA of US$49 Million and FCF of US$25 Million LOM average EBITDA of US$64 Million and FCF of US$29 Million at Spot prices1 Additional US$45 million cash expected between March 2025-2027 from the sale of the Monte do Carmo project in Brazil Second crusher on site is being commissioned to support further expansion of heap leach operations Operating cashflow continues to support the strengthening of the balance sheet TORONTO, ON / ACCESSWIRE / August 7, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") is pleased to announce that further to its news release of June 27, 2024, the Company has been advised by the TSX Venture Exchange (the "Exchange") that trading of the Company's common shares on the Exchange will resume at the opening of the market on August 8, 2024. Further, as previously released on July 17, 2024, the Company is pleased to announce that operations at its wholly-owned Minera Don Nicolas project in Argentina continue to perform well during a typically challenging winter period.
Cerrado Announces Clarification on Prior Agreements with Red Cloud, Feneck Consulting Group and Ascendant Resources
TORONTO, ON / ACCESSWIRE / August 2, 2024 / Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company"), at the request of the TSX Venture Exchange, announces previous engagements with Red Cloud Financial Services Inc. ("Red Cloud") pursuant to an agreement dated October 9, 2020 (the "Red Cloud Agreement") and with and Feneck Consulting Group, LLC ("Feneck", and together with Red Cloud, the "Consultants") pursuant to a contract dated April 1, 2023 (the "Feneck Agreement") for certain capital markets, strategic marketing and investor relations services to raise Cerrado's investor profile. The Consultants assisted in overall marketing of the Company.
Cerrado Gold Announces Successful Results of Annual and Special Meeting of Shareholders
Shareholders vote overwhelmingly for all resolutions TORONTO, ON / ACCESSWIRE / June 27, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") is pleased to announce that at its Annual and Special Meeting (the "Meeting") of shareholders ("Shareholders") of the Company held earlier today, all resolutions presented to Shareholders were approved overwhelmingly. Details of the voting results are set out below.
Cerrado Gold Announces Filing of Q1 Financials in Order To Revoke Cease Trade Order and Pending Submission of Application to the TSX Venture Exchange To Resume Trading
Q1 financials filed in order to revoke Cease Trade Order ("CTO") Application to resume trading to be submitted to the TSX Venture Exchange pending CTO being lifted by the Ontario Securities Commission Trading expected to resume within 2 business days post approval by the TSX Venture Exchange TORONTO, ON / ACCESSWIRE / June 27, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") announces that post filing of its operational and financial results for Q1 2024, the Company has now remedied its compliance under National Policy 11-207, regarding continuous disclosure obligations. The Ontario Securities Commission ("OSC") is now reviewing the submission in order to revoke the CTO on the Company's common shares.
Cerrado Gold Announces Q1 Financials, Cashflow and Operating Cost Performance for Its Minera Don Nicolas Mine in Argentina
Q1 Gold equivalent production of 11,204 GEO while transitioning to new Calandrias Norte deposit Production levels at MDN stabilized beginning in March at both the CIL and Heap leach MDN production for March, April and May exceeded 17,000 ounces, supporting the ongoing turnaround of operations at MDN Application to remove Cease Trade Order Underway TORONTO, ON / ACCESSWIRE / June 26, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") announces its operational and financial results for the first quarter ("Q1/24") at its Minera Don Nicolas ("MDN") gold project in Santa Cruz Province, Argentina and for its ongoing activities at the Monte Do Carmo gold project in Brazil and Mont Sorcier Iron Project in Quebec. Production results for MDN were previously released on April 30, 2024.
Cerrado Gold Provides Corporate Update
Third advance of US$7 million under the Signing Loan with subsidiary of Hochschild Mining PLC ("Hochschild") has now been received McGovern Hurley Appointed Auditor TORONTO, ON / ACCESSWIRE / June 26, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") is pleased to announce it has received the final advance under the Signing Loan from Hochschild in the amount of US$7 million. Total funds received from Amarillo Mineração do Brasil Ltda.
Cerrado Gold Announces Q4 Financials and Full-Year Production, Cashflow and Operating Cost Performance Results for Its Minera Don Nicolas Mine in Argentina
Filing of Annual Financial Statements satisfies conditions to receive the US$7 million Third Advance from Hochschild 1st Quarter 2024 Financial Statements expected to be filed by the end of June MDN production for March, April and May exceeded 17,000 ounces, supporting the ongoing turnaround of operations at MDN TORONTO, ON / ACCESSWIRE / June 13, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") is pleased to announce operational and financial results for the fourth quarter ("Q4/23") and year-end 2023 at its Minera Don Nicolas ("MDN") gold project in Santa Cruz Province, Argentina and for its ongoing activities at the Monte Do Carmo gold project in Brazil and Mont Sorcier Iron Project in Quebec. Production results for MDN were previously released on January 24, 2024.
Cerrado Gold Announces Filing of Circular and Provides Update
Proxy related materials filed in relation to annual and special meeting of shareholders scheduled for June 27 Audited annual financial statements expected to be completed this week Third advance of US$7 million under the Signing Loan with subsidiary of Hochschild Mining PLC ("Hochschild") to be received two business days following the satisfaction of all conditions precedent, including the issuance of financial statements TORONTO, ON / ACCESSWIRE / June 10, 2024 / Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF] ("Cerrado" or the "Company") announces that it has filed proxy related materials, including its notice of annual and special meeting of shareholders and management information circular (collectively, the "Meeting Materials") on SEDAR+ at www.sedarplus.com in respect of its annual and special meeting of shareholders to be held on June 27, 2024 (the "Shareholder Meeting"). The Meeting Materials were mailed on June 5 to shareholders of record as of May 22, 2024.
Cerrado Gold Povides Update on Cease Trade Order
TORONTO, ON / ACCESSWIRE / May 30, 2024 / Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") is providing this update on the status of the cease trade order (the "CTO") imposed on May 7, 2024 by its principal regulator, the Ontario Securities Commission (the "OSC"), under National Policy 11-207, following the Company's failure to file its audited annual financial statements and accompanying management's discussion and analysis for the year ended December 31, 2023 and related filings (collectively, the "Annual Filings"). Under National Instrument 51-102, the Annual Filings were required to be filed by April 29, 2024.
