Centerra Gold Announces the Appointment of Paul Tomory as President and CEO
1 University Avenue, Suite 1500
Toronto, ON
M5J 2P1
tel 416-204-1953
fax 416-204-1954
www.centerragold.com
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NEWS RELEASE
Centerra Gold Announces the Appointment of Paul Tomory as President and CEO
Toronto, Canada, March 13, 2023: Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG and
NYSE: CGAU) announced today that Paul Tomory has been appointed President and Chief Executive
Officer, effective May 1, 2023.
Michael Parrett, Chair of the Board of Directors stated, “We are delighted to have Paul lead Centerra at this
important stage of the Company’s journey. His leadership experience and record of strategically building
and operating mines through all stages of the mining life cycle while ensuring a safety-first culture, will be
extremely valuable to Centerra. He has a wealth of technical expertise t hat we believe will position the
Company for future growth, bringing development assets into production and optimizing performance of
Centerra’s existing assets.”
Mr. Tomory has over 25 years of experience in mining, engineering and construction. His most recent
position was as Executive Vice President and Chief Technical Officer of Kinross Gold Corporation, where
he worked for over 14 years in a series of progressive technical roles . Prior to Kinross, he worked in
management consulting at Bain & Company and in a technical capacity with Golder Associates. Mr.
Tomory is a professional engineer with a Master of Applied Science in Civil (Mining) Engineering from
the University of Toronto and holds a Master of Business Administration from the University of Toronto’s
Rotman School of Management.
Mr. Tomory commented “I am excited to join the Centerra team . I believe that Centerra is uniquely
positioned with a peer leading balance sheet and quality operating assets that generate significant free
cashflow. I look forward to working with the Board and management teams to deliver sustainable value
and growth.”
Mr. Parrett continued, “On behalf of all shareholders, I would like to thank Paul Wright for his continuing
impactful leadership as the Interim President and CEO. In his short tenure, Paul has been instrumental in
several areas including in furtherance of a restart of operations at the Öksüt Mine as well as initiating a
restructuring of the Company’s head office, to name a few. We look forward to his continued insight, input
and leadership on the Board of Directors.”
About Centerra
Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring
and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide.
Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine
in Türkiye. Centerra also owns the Goldfield District Project in Nevada, United States, the Kemess
Underground Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit
in the United States and Canada. Centerra’s shares trade on the TSX under the symbol CG and on the NYSE
under the symbol CGAU. Centerra is based in Toronto, Ontario, Canada.
1 University Avenue, Suite 1500
Toronto, ON
M5J 2P1
tel 416-204-1953
fax 416-204-1954
www.centerragold.com
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For more information:
Toby Caron Shae Frosst
(416) 204-1694 (416) 204-2159
[email protected] [email protected]
Additional information on Centerra Gold is available on the Company’s website at www.centerragold.com
and on SEDAR at www.sedar.com and EDGAR at www.sec.gov/edgar.