Cerrado GOLD Announces Successful Results of Annual and Special Meeting of Shareholders
July 19, 2023 www.cerradogold.com
CERRADO GOLD ANNOUNCES SUCCESSFUL RESULTS OF
ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
• All matters presented for shareholder approval were approved
TORONTO, ONTARIO - Cerrado Gold Inc. [TSX.V: CERT][ OTCQX:CRDOF] ("Cerrado" or the
"Company”) is pleased to announce that at its Annual and Special Meeting of Shareholders
(“Meeting”) held earlier today all matters presented to shareholders were approved. Details of the
voting results are set out below.
Meeting Voting Results
A total of 33,633,502 common shares were voted at the Meeting, representing 34.67% of the
votes attached to all outstanding common shares of the Company. All matters presented for
shareholder approval at the Meeting were duly authorized and approved as follows.
Election of Directors
The shareholders elected each of the nine nominees listed in the Company’s Management Proxy
Circular. Details of the voting results are as follows:
Name Votes For % Votes Withheld %
Maria Virginia Anzola 29,581,824 99.949% 15,119 0.051%
Mark Brennan 29,595,432 99.995% 1,511 0.005%
Robert Campbell 29,595,432 99.995% 1,511 0.005%
Christopher Jones 29,595,490 99.995% 1,453 0.005%
Kurt Menchen 29,595,432 99.995% 1,511 0.005%
Elmer Prata Salomão 29,595,490 99.995% 1,453 0.005%
Jad Salomão 29,595,432 99.995% 1,511 0.005%
Robert Sellars 29,595,490 99.995% 1,453 0.005%
Appointment of Auditor
KPMG LLP was appointed auditor of the Corporation and the directors of the Corporation were
authorized to fix the auditor’s remuneration. Details of the voting results are as follows:
Total Votes % of Votes Cast
Votes in Favour 33,631,409 99.994%
Votes Withheld 2,093 0.006%
Total Votes Cast 33,633,502 100%
Amended and Restated Omnibus Incentive Plan
A ballot was conducted with respect to the Amended and Restated Omnibus Incentive Plan of the
Corporation. According to the proxies received and ballots cast by disinterested shareholders, the
resolution to approve the Amended and Restated Omnibus Incentive Plan of the Corporation was
approved.
Total Votes % of Votes Cast
Votes in Favour 15,241,375 76.925%
Votes Against 4,571,940 23.075%
Total Votes Cast 19,813,315 100%
Grant of Stock Options
A ballot was conducted with respect to ratifying a previous grant of stock options issued pursuant
to the Omnibus Incentive Plan of the Corporation in connection with the acquisition of Voyager
Metals Inc. According to the proxies received and ballots cast by disinterested shareholders, the
resolution to approve the Amended and Restated Omnibus Incentive Plan of the Corporation was
approved.
Total Votes % of Votes Cast
Votes in Favour 15,775,867 77.531%
Votes Against 4,572,023 22.469%
Total Votes Cast 20,347,890 100%
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, Argentina, 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 Ir on 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 is ongoing to further unlock
potential resources in our highly prospective land package in the heart of the Deseado Masiff.
In Brazil, Cerrado is rapidly advancing the Serra Alta deposit at its Monte Do Carmo Project, through
feasibility and into production. Serra Alta is expected to be a high -margin and high-return project
with significant exploration potential on an extensive and highly prospective 82,542 hectare land
package.
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 grade and hi gh purity product facilitates the
migration of steel producers from blast furnaces to electric arc furnaces contributing to the
decarbonisation of the industry and the achievement of SDG goals.
For more information about Cerrado please visit our website at: www.cerradogold.com.
For further information, contact:
Mark Brennan
CEO and Chairman
Mike McAllister
Vice President, Investor Relations
Tel: +1-647-805-5662