Cerro de Pasco Resources Inc.: Corporate Update

Cerro de Pasco Resources Inc.: Corporate

Update

MONTREAL

,

Aug. 12, 2019

/CNW/ - Cerro de Pasco Resources Inc. (CSE: CDPR) (Frankfurt:

N8HP) ("

CDPR

", or the "

Corporation

") wishes to provide an update regarding the trading halt

requested by CDPR on

April 10, 2019

in anticipation of potential transactions.

CDPR expected to announce transactions at an earlier point in time, however final negotiations are

currently taking longer than anticipated. Due to IIROC's trading halt guidelines, trading in CDPR's

shares will resume tomorrow,

August 13, 2019

.

While CDPR expects to be able to announce such transactions shortly, CDPR cannot guarantee

these transactions will close. CDPR will disclose the transactions as soon as they occur.

About Cerro de Pasco Resources Inc.

Cerro de Pasco Resources Inc. is a resource management company attuned to the most demanding

environmental, social and legal compliance required by global institutions and investors. The key

strategic strength of the Corporation is an unparalleled knowledge of the challenges and

opportunities presented by the minerals endowment within the city of Cerro de Pasco combined with

a highly experienced and practical team of both Peruvian and international management. The key

focus of the Corporation will be on developing the El Metalurgista mining concession using advanced

geo-resource and industrial development solutions in order to secure long-term economic operational

sustainability in harmony with a healthy and prosperous local population.

Forward-Looking Statements and Disclaimer

Certain information contained herein may constitute "forward-looking information" under Canadian

securities legislation. Generally, forward-looking information can be identified by the use of

forward-looking terminology such as, "will be", "expected" or variations of such words and phrases

or statements that certain actions, events or results "will" occur. Forward-looking statements are

based on the Corporation's estimates and are subject to known and unknown risks, uncertainties

and other factors that may cause the actual results, level of activity, performance or achievements

of the Corporation to be materially different from those expressed or implied by such forward-

looking statements or forward-looking information. There can be no assurance that such

statements will prove to be accurate, as actual results and future events could differ materially

from those anticipated in such statements. Accordingly, readers should not place undue reliance

on forward-looking statements and forward-looking information. The Corporation will not update

any forward-looking statements or forward-looking information that are incorporated by reference

herein, except as required by applicable securities laws.

SOURCE

Cerro de Pasco Resources Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/August2019/12/c4585.html

%SEDAR: 00020073E

For further information:

Cerro de Pasco Resources Inc., Guy Goulet, President and CEO, Tel.:

579 476-7000, Email: [email protected]

CO: Cerro de Pasco Resources Inc.

CNW 19:51e 12-AUG-19