Subsidiaries Kumtor Gold Company and Kumtor Operating Company Seek Worldwide Automatic Stay Protection via U.S. Chapter 11 Process; Filing Has No Additional Financial or Operational Impact on Centerra Gold or the Other Areas of its Business Company Announces Strategic Review Related to Kumtor Gold Company and Kumtor Operating Company of Alternative [...]
Centerra Gold Inc. today announced that it had initiated proceedings in the Ontario Superior Court of Justice against Tengiz Bolturuk, a former member of its Board of Directors, in response to flagrant breaches of his fiduciary duties to the Company related to the recent seizure of the Kumtor Mine by the Government of the Kyrgyz Republic. Centerra [...]
Centerra Gold Inc. will host a conference call today to discuss developments in the Kyrgyz Republic at 8:30 AM Eastern Time on Tuesday May 18, 2021. North American participants may access the call toll-free at +1 -954-0601. International participants may access the call at +1 -981-9014. The conference call is being webcast by Intrado and can be [...]
Centerra Gold Inc. announced today that, as a result of the recent events in the Kyrgyz Republic, Kyrgyzaltyn JSC, together with its affiliates, are prohibited from transferring or encumbering any common shares of the Company or exercising any voting rights attached to Centerra shares. In addition, dividends or distributions on Centerra shares that [...]
Centerra Gold Inc. issued the following statement today in response to the adoption of a resolution by the Parliament of the Kyrgyz Republic, instructing the Government to install "external management" at the Kumtor Mine and Centerra's Kyrgyz subsidiary, Kumtor Gold Company , and associated developments. The Company understands that the Parliament [...]
Centerra Gold Inc. announced today that it has initiated binding arbitration against the Government of the Kyrgyz Republic to enforce its rights under longstanding investment agreements with the Government. Centerra seeks to enjoin the Government from taking further steps to implement recently adopted legislation or to pursue recently procured [...]
Centerra Gold Inc. announces that the 11 nominees listed in the management information circular for its 2021 annual general meeting of shareholders held earlier today were elected as directors of Centerra. The vote for director nominees was conducted by ballot. 168,096,447 shares were represented at the Meeting, representing 56.69% of Centerra's [...]
Centerra Gold Inc. announced today that its Board of Directors has approved a quarterly dividend of C$0.05 per common share - approximately C$14.8 million or US$12.7 million. The quarterly dividend is to shareholders of record on May 27, 2021. The dividend is an eligible dividend for Canadian income tax purposes. Centerra continues to proactively [...]
Centerra Gold Inc. today reported its first quarter 2021 results. Key events and operating results of the first quarter included: Net earnings and adjusted net earningsNGof $167.4 million, $0.57 per common share, and $84.2 million, $0.28 per common share, respectively. Cash flow from operations and free cash flowNG of $153.1 million and $72.1 [...]
Centerra Gold Inc. announced today that it has become aware of a number of legal and political developments in the Kyrgyz Republic which may affect Centerra's ownership of the Kumtor Mine and its rights under the 2009 restated project agreements which govern the Kumtor Mine. First, the Company understands that a law has been passed by the Kyrgyz [...]
Centerra Gold Inc. is pleased to announce that the Company has received approval to list its common shares on the New York Stock Exchange . Trading of the Company's common shares is expected to commence under the symbol "CGAU" on Thursday, April 15, 2021. The Company's primary exchange will remain the Toronto Stock Exchange. Scott Perry, President [...]
Centerra Gold Inc. will host a conference call and webcast to discuss the 2021 first quarter operating and financial results on Tuesday, May 11, 2021 at 8:30 a.m. . The quarterly results are scheduled to be released before the market opens on Tuesday, May 11, 2021. The Company will also host its 2021 Annual Meeting of Shareholders on May 11, 2021 [...]
