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Two Blokes May 1 -
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Annual production of 54,494 Gold Equivalent Ounces ("GEO"); in-line with guidance Adjusted EBITDA of $4.5 million for Q4, and $24.4 million for the full year excluding project sales proceeds from sale of Monte Do Carmo Received $34 million in Asset sale and Option payment proceeds in Q4: Received $49 million for the full year with up to $25 million ($15 million guaranteed) due in the coming years. Continued strengthening of the Balance sheet with a US$54.5 million improvement in the working capital position achieved Management to host a Conference Call to discuss the financial and operational results on May 1st, 2025, at 11:00 AM EDT TORONTO, ON / ACCESS Newswire / May 1, 2025 / Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF; FRA:BAI0] ("Cerrado" or the "Company") announces its operational and financial results for the fourth quarter ("Q4/24") including its Minera Don Nicolas ("MDN") gold project in Santa Cruz Province, Argentina and its Mont Sorcier High Purity DRI Iron Project in Quebec.
