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CERT.V ·

Cerrado Gold Announces First Quarter Financial Results Release Date and Conference Call

Financials

May 22, 2025 www.cerradogold.com

Cerrado Gold Announces First Quarter Financial Results Release Date and

Conference Call

TORONTO, ONTARIO – Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF; FRA:BAI0] (“Cerrado” or

the “Company”) announces that it will file its first quarter 2025 financial results on May 29, 2025,

before the market opens. Financial results will be posted on SEDAR+ (www.sedarplus.com) under

Cerrado’s issuer profile and on the Company website at www.cerradogold.com.

Conference Call Details

Cerrado Management will also host a conference call on May 29, 2025, at 1 1:00 AM ET to discuss

the Q1 Financial and Operational results as well as the outlook for the Company. The accompanying

presentation for the call can be found on the investor page on Cerrado Gold’s website at

cerradogold.com. Call details are as follows:

Pre-Registration for Conference Call

Participants can preregister for the conference by navigating to:

https://dpregister.com/sreg/10200183/ff3862e66f

Participants will receive dial-in numbers to connect directly upon registration completion.

Those without internet access or unable to pre-register may dial in by calling:

PARTICIPANT DIAL IN (TOLL FREE): 1-833-752-3576

PARTICIPANT INTERNATIONAL DIAL IN: 1-647-846-8340

About Cerrado

Cerrado Gold is a Toronto -based gold production, development, and exploration company. The

Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mine in Santa

Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective

Lagoa Salgada VMS project through its position in Redcorp - Empreendimentos Mineiros, Lda. In

Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron 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

-2-

Calandrias heap leach project. An extensive campaign of exploration is ongoing to further unlock

potential resources in our highly prospective land package in the heart of the Deseado Masiff.

In Portugal, Cerrado focused on the exploration and development of the highly prospective Lagoa

Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project

is a high -grade polymetallic project, demonstrating a typ ical mineralization endowment of zinc,

copper, lead, tin, silver, and gold. Extensive exploration upside potential lies both near deposit and

at prospective step -out targets across the large 7,209 -hectare property concession. Located just

80km from Lisbon and surrounded by exceptional infrastructure, Lagoa Salgada offers a low -cost

entry to a significant exploration and development opportunity, already showing its mineable scale

and cashflow generation potential.

In Canada, Cerrado holds a 100% interest in the Mont Sorcier Iron 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 grade and high purity product facilitates the migration of

steel producers from blast furnaces to electric arc furnaces , contributing to the decarbonization of

the industry and the achievement of sustainable development 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

[email protected]

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.