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 [...]
Cerrado Gold Inc. is providing this update on the status of the cease trade order imposed on May 7, 2024 by its principal regulator, the Ontario Securities Commission , 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 [...]
Cerrado Gold Inc. is providing an update on the status of the cease trade order imposed on May 7, 2024, the Ontario Securities Commission , under National Policy 11-207, following the Company's failure to file its audited annual financial statements for the year ended December 31, 2023, its management's discussion and analysis of financial [...]
Cerrado Gold Inc. announces that the Ontario Securities Commission has issued a failure to file cease trade order prohibiting the trading by any person of any securities of the Company in Canada. The FFCTO was issued as a result of the Company's delay in filing its annual financial statements and accompanying management's discussion and analysis [...]
US$1 million received as second advance of Signing Loan under option agreement with Hochschild Mining plc . Total of US$8 million received with remaining US$7 million expected to be advanced in June. Funds received to-date addressed short-term capital needs in Argentina and will continue to support deleveraging. Cerrado Gold Inc. announces receipt [...]
Calandrias Norte production in March driving improved production growth. Focus for 2024 remains on delivering strong cash flow and rebuilding the balance sheet with exploration focused on mine life extension. Management currently developing a longer-term production plan for Argentina. Cerrado Gold Inc. announces production results for the first [...]
Delays in audit at its MDN Subsidiary in Argentina to impact annual filing Company to satisfy payment of accrued interest on Sprott Note by the issuance of common shares of the Company Cerrado Gold Inc. announces that the filing of its annual financial statements and accompanying management's discussion and analysis for the fiscal year ended [...]
Proposed Transaction with Amarillo Mineração do Brasil Ltda. to strengthen balance sheet and address lack of liquidity in the junior mining sector Company well-positioned to drive future growth via its operating Minera Don Nicolas gold mine in Argentina and its Mont Sorcier development project in Quebec Cerrado Gold Inc. announces that it has [...]
Metallurgical test work confirms DRI grade iron concentrate with combined Silica and Alumina below 2.5% Cerrado Gold Inc. is pleased to announce positive metallurgical test results confirming the ability to produce High Purity, DRI Grade iron concentrates at its Mont Sorcier magnetite iron ore project located near Chibougamau, Quebec held through [...]
Cerrado Gold Inc. announces production results for the fourth quarter of 2023 from the Minera Don Nicolas Mine in Santa Cruz Province, Argentina . Full financial results are expected to be released in late April 2024. Q4 Operating Highlights Q4 2023 GEO production of 15,202 ounces and annual GEO production of 51,688 ounces for 2023. Ramp-up of [...]
Cerrado Gold Inc. announces in connection with the US$20 million secured note issued by Cerrado to Sprott Resource Streaming and Royalty Corp. to facilitate funding of the gold and silver stream agreement in advance of commercial production at its Monte do Carmo Project, Cerrado has elected to pay interest due December 31, 2023, in shares. Pursuant [...]
Feasibility Study Highlights After-Tax NPV5% of US$390 million and IRR of 34% Average annual gold production of 95,212 ounces per annum over 9-year Life of Mine Average AISC of US$687 per ounce over LOM Initial Capex of US$181.4 million 2.15x NPV/Initial Capex Ratio Annual average free cash flow of $87 million over the LOM, with total cumulative [...]
