Cerrado Gold Readies for $60 Million Project Deal

Cerrado Gold (TSE:CERT) has released an update.

Cerrado Gold Inc. has recently announced the filing of its annual and special meeting materials and expects to complete its audited financial statements this week, which is a prerequisite for receiving a third $7 million loan advance from Hochschild’s subsidiary. Additionally, the company has granted an option for its Monte Do Carmo project in Brazil, with the potential transaction valued at approximately $60 million.

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