Cerrado GOLD Announces Filing of Q1 Financials IN Order to Revoke Cease Trade Order and Pending Submission of Application to the TSX Venture Exchange to Resume Trading
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June 27, 2024 www.cerradogold.com
CERRADO GOLD ANNOUNCES FILING OF Q1 FINANCIALS IN ORDER TO REVOKE CEASE
TRADE ORDER AND PENDING SUBMISSION OF APPLICATION TO THE TSX VENTURE
EXCHANGE TO RESUME TRADING
• Q1 financials filed in order to revoke Cease Trade Order (“CTO”)
• Application to resume trading to be submitted to the TSX Venture Exchange pending CTO
being lifted by the Ontario Securities Commission
• Trading expected to resume within 2 business days post approval by the TSX Venture
Exchange
TORONTO, ONTARIO – Cerrado Gold Inc. [TSX.V: CERT] [OTCQX: CRDOF] (“Cerrado” or the
“Company”) announces that post filing of its operational and financial results for Q1 2024, the
Company has now remedied its compliance under National Policy 11 -207, regarding continuous
disclosure obligations. The Ontario Securities Commission (“OSC”) is now reviewing the submission
in order to revoke the CTO on the Company’s common shares.
The Company expects to submit an application to the TSX Venture Exchange to resume trading upon
the CTO being lifted by the OSC. Once the application has been processed and approved, trading is
expected to resume within 2 business days.
About Cerrado
Cerrado Gold is a Toronto-based gold production, development, and exploration company focused
on gold projects in South America. The Company is the 100% owner of both the producing Minera
Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentin a, and the highly prospective
Monte Do Carmo development project, located in Tocantins State, Brazil. In Canada, Cerrado Gold
is developing it's 100% owned Mont Sorcier Iron Ore and Vanadium project located outside of
Chibougamou, Quebec.
In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas operation through
continued operational optimization and is growing production through its operations at the Las
Calandrias Heap Leach project. An extensive campaign of exploration i s ongoing to further unlock
potential resources in our highly prospective land package in the heart of the Deseado Masiff.
In Canada, Cerrado holds a 100% interest in the Mont Sorcier Iron Ore and Vanadium project, which
has the potential to produce a premium iron ore concentrate over a long mine life at low operating
costs and low capital intensity. Furthermore, its high grad e and high purity product facilitates the
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migration of steel producers from blast furnaces to electric arc furnaces , contributing to the
decarbonization of the industry and the achievement of SDG goals.
For more information about Cerrado please visit our website at: www.cerradogold.com.
Mark Brennan
CEO and Chairman
Mike McAllister
Vice President, Investor Relations
Tel: +1-647-805-5662
Disclaimer
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS
DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.
This press release contains statements that constitute “forward -looking information” (collectively,
“forward-looking statements”) within the meaning of the applicable Canadian securities legislation.
All statements, other than statements of historical fact , are forward -looking statements and are
based on expectations, estimates and projections as at the date of this news release. Any statement
that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future
events or performance (often but not always using phrases such as “expects”, or “does not expect”,
“is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”,
“estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain
actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be
achieved) are not statements of historical fact and may be forward-looking statements.
Forward-looking statements contained in this press release include, without limitation, statements
regarding the business and operations of Cer rado and the potential approval of the TSX Venture
Exchange and timing of approval or resumption of trading of the Company’s common shares . In
making the forward- looking statements contained in this press release, Cerrado has made certain
assumptions. Although C errado believes that the expectations reflected in forward -looking
statements are reasonable, it can give no assurance that the expectations of any forward -looking
statements will prove to be correct. Known and unknown risks, uncertainties, and other factors which
may cause the actual results and future events to differ materially from those expressed or implied
by such forward -looking statements. Such factors include, but are not limited to general business,
economic, competitive, political and social unce rtainties. Accordingly, readers should not place
undue reliance on the forward -looking statements and information contained in this press release.
Except as required by law, Cerrado disclaims any intention and assumes no obligation to update or
revise any forward-looking statements to reflect actual results, whether as a result of new
information, future events, changes in assumptions, changes in factors affecting such forward -
looking statements or otherwise.