Cerrado GOLD Appoints Mr. Clinton Swemmer as Vice President, Technical Services
October 21, 2021 www.cerradogold.com
CERRADO GOLD APPOINTS MR. CLINTON SWEMMER AS
VICE PRESIDENT, TECHNICAL SERVICES
• PROJECT DELIVERY EXECUTIVE WITH SIGNIFICANT EXPERIENCE IN COMPLETING TECHNICAL
STUDIES FOR DEVELOPMENT STAGE PROJECTS
TORONTO, ONTARIO – Cerrado Gold Inc. (TSX.V: CERT) (OTCQX: CRDOF) ("Cerrado" or the "Company”)
is pleased to announce that Clinton Swemmer, has joined as Vice President of Technical Services. Mr.
Swemmer will collaborate with the onsite teams in the development of both the Minera Don Nicolás Mine
and Monte do Carmo gold project.
Mr. Swemmer is a senior project delivery professional whose career spans over 20 year s working on
various development stage projects . Prior to joining Cerrado, Mr. Swemmer held the position of Vice
President of Project Delivery for Treasury Metals a mining company where he managed the Study and
Trade-Offs to maximize NPV and meet the technical requirements of the Environmental and Permit
process. In addition, as Vice President of Project Delivery, North America for Ausenco, an EPC/M company
focused on the metals and mining industry he managed the teams responsible for the EPC Awards of the
Magino Gold Mine, Las Chispas Mine and Blackwate r Gold Mine. While at Ausenco, Mr. Swemmer was
also accountable for reviewing all Pre -Feasibility Studies (PFS) and Feasibility Studies (FS) execution
strategies and layouts such as Marathon Gold Mine and Springpole Gold Project.
Prior to Ausenco, he served as Director of Projects, Mining and Minerals for Amec Foster Wheeler, where
he was Project Manager for the Kinross Gold Round Mountain and Bald Mountain Projects, actively
involved in the development of the IAMGOLD Côté Gold Project as well manag ed the portfolio for PFS
and FS that included the Spring Valley Gold Mine and the Sukhoi Log Gold Mine. In addition, he previously
served as Vice President of Projects for DRA Americas responsible for all PFS, FS, and Projects in the
region that included delivery of the Renard Diamond Mine processing facility in Quebec, Labrador Iron
Mines processing plant and numerous cold weather projects. In this role, he has also been an
Independent Expert for numerous financial institutions involved with projects suc h as the Gahcho Kue
Diamond Mine and the Brucejack Gold Mine. Mr. Swemmer holds a First-Class Honours Bachelor of
Engineering degree from the University of Hertfordshire, is a Professional Engineer (Pr. Eng) of Ontario
and a member of the Project Management Institute where he is an active PMP member.
Mark Brennan, CEO & Co Chairman of Cerrado stated, “We are extremely pleased to welcome Clinton to the
Cerrado Gold team. Clinton brings with him a wealth of experience completing technical studies that will be
critical in advancing our projects to the next level, specifically as we bring the Monte do Carmo gold project into
Feasibility stage.”
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The Board of Directors have approved the issuance of 150,000 RSUs to Mr. Swemmer in connection with
his appointment. The RSUs will vest as to one-third on the date of issuance, being October 20, 2021, one-
third in twelve months and one -third in twenty -four months . The RSUs will expire on the third
anniversary of the date of issuance.
For further information please contact
Mark Brennan Nicholas Campbell, CFA
CEO and Co Chairman Director, Corporate Development
Tel: +1-647-796-0023 Tel: +1-905-630-0148
[email protected] [email protected]
About Cerrado Gold
Cerrado Gold is a public gold producer and exploration company with gold production derived from its
100% owned Minera Don Nicolás mine in Santa Cruz province, Argentina. It also owns 100% of the assets
of Minera Mariana in Santa Cruz province, Argentina. The company is also undertaking exploration at its
100% owned Monte Do Carmo project located in Tocantins, Brazil. For more information about Cerrado
Gold please visit our website at: www.cerradogold.com.
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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
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Forward-looking statements contained in this press release include, without limitation, statements
regarding the business and operations of Cerrado Gold. In making the forward - looking statements
contained in this pr ess release, Cerrado Gold has made certain assumptions, including, but not limited
to ability of Cerrado to expand its drilling program at its Minera Don Nicolas Project and increase its
resources. Although Cerrado Gold 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 uncertainties. Accordingly, readers should no t place undue reliance on the forward -
looking statements and information contained in this press release. Except as required by law, Cerrado
Gold disclaims any intention and assumes no obligation to update or revise any forward -looking
statements to reflec t actual results, whether as a result of new information, future events, changes in
assumptions, changes in factors affecting such forward-looking statements or otherwise.