Cerrado GOLD Announces Successful Results of Annual and Special Meeting of Shareholders
June 25, 2025 www.cerradogold.com
CERRADO GOLD ANNOUNCES SUCCESSFUL RESULTS OF
ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
• All matters presented for shareholder approval were overwhelmingly 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 overwhelmingly
approved. Details of the voting results are set out below.
Meeting Voting Results
A total of 30,873,502 common shares were voted at the Meeting, representing 23.26% 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 nominees listed in the Company’s Management Proxy Circular.
Details of the voting results are as follows:
Name Votes For % Votes Withheld %
Mark Brennan 23,263,662 98.874 264,857 1.126
Maria Virginia Anzola 23,249,796 98.815 278,723 1.185
Robert Campbell 23,267,162 98.889 261,357 1.111
Christopher Jones 23,263,662 98.874 264,857 1.126
Kurt Menchen 23,267,162 98.889 261,357 1.111
Rui Santos 23,267,162 98.889 261,357 1.111
Robert Sellars 23,265,496 98.882 263,023 1.118
Appointment of Auditor
McGovern Hurley 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 30,613,132 99.157
Votes Withheld 260,370 0.843
Amended and Restated Omnibus Incentive Plan
The resolution to approve the Amended and Restated Omnibus Incentive Plan of the Corporation
was approved by disinterested shareholders. Details of the voting results are as follows:
Total Votes % of Votes Cast
Votes in Favour 12,238,058 96.396
Votes Against 453,229 3.570
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 (“MDN”) operation
through continued operational optimization and is growing production through its operations at
the Las Calandrias heap leach project. An extensive campaign of explo ration is ongoing to further
unlock potential resources in our highly prospective land package in the heart of the Deseado
Masiff.
In Portugal, Cerrado is focused on the development and exploration 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 typical 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 Lisb on and surrounded by exceptional infrastructure, Lagoa Salgada offers a low -
cost entry to a significant development and exploration opportunity, already showing its mineable
scale and cashflow generation potential.
In Canada, Cerrado holds a 100% interest in the Mont Sorcier high purity high grade DRI Iron Ore
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
Disclaimer
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DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.