VANCOUVER, BC, Aug. 7, 2024 /CNW/ - Trading resumes in: Company: Cerrado Gold Inc. TSX-Venture Symbol: CERT All Issues: Yes Resumption : 9:30 08/08/2024 CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the [...]
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 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 of $111MM at $2100/oz gold over a 5-year mine plan producing an average [...]
After Tax NPV5% of US$111 Million at US$2,100/oz Au price After Tax NPV5% of US$153 Million at Spot prices1 Average annual production targeted at approx. 56,000 Gold Equivalent Ounces 2 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 Mine life [...]
Cerrado Gold Inc. , at the request of the TSX Venture Exchange, announces previous engagements with Red Cloud Financial Services Inc. pursuant to an agreement dated October 9, 2020 and with and Feneck Consulting Group, LLC pursuant to a contract dated April 1, 2023 for certain capital markets, strategic marketing and investor relations services to [...]
Q2 Production of 16,255 Gold Equivalent Ounces vs 11,204 GEO in Q1, 2024. High-Grade ore from Calandrias Norte and continued ramp-up at Heap leach operations are supporting strong quarterly production. MDN 43-101 Preliminary Economic Assessment and Updated Mineral Resource Estimate are expected to be announced shortly. Balance sheet continues to [...]
Cerrado Gold Inc. is pleased to announce that at its Annual and Special Meeting of shareholders of the Company held earlier today, all resolutions presented to Shareholders were approved overwhelmingly. Details of the voting results are set out below. Meeting Voting Results A total of 40,637,097 common shares were voted at the Meeting, representing [...]
Q1 financials filed in order to revoke Cease Trade Order Application to resume trading to be submitted to the TSXV pending CTO being lifted by the Ontario Securities Commission Trading expected to resume within 2 business days post approval by the TSX Venture Exchange Cerrado Gold Inc. announces that post filing of its operational and financial [...]
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 [...]
Third advance of US$7 million under the Signing Loan with subsidiary of Hochschild Mining plc has now been received McGovern Hurley Appointed Auditor Cerrado Gold Inc. 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 [...]
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 Cerrado Gold Inc. is pleased to [...]
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 Cerrado Gold Inc. is pleased to [...]
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 to be received two business days following the satisfaction of all [...]
