Update on Cerro de Pasco Trading Halt

Update on Cerro de Pasco Trading Halt

MONTREAL

,

May 3, 2019

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

CDPR

", or the

"

Corporation

") wishes to update its shareholders on the current halt trading of the Corporation's

common shares on the Canadian Securities Exchange ("

CSE

").

On

April 10, 2019

, a temporary trading halt was requested by CDPR in anticipation of potential

transactions. The Corporation expected to be able to announce such transactions in the near future.

The Corporation will disclose any transactions as soon as they will occur. It is expected that trading

of CDPR shares will resume after such announcement.

About Cerro de Pasco Resources

Cerro de Pasco Resources is a resource management company with an unparalleled knowledge of

the challenges and opportunities presented by the minerals endowment within the historic

Cerro de

Pasco

mining complex. The key focus of the Corporation is to modernize and revive all existing

installations and to reprocess the tailings and stockpiles in order to secure long-term operational

efficiency and economic sustainability.

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.

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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 13:32e 03-MAY-19