Cerrado Gold Inc V.CERT

Alternate Symbol(s): CRDOF

Metals & Mining Gold

Cerrado Gold Inc. is a Canada-based gold production, development, and exploration company focused on projects in the Americas. The Company is the 100% owner of both the producing Minera Don Nicolas and Las Calandrias mine in Santa Cruz province, Argentina and is the 100% owner of the Mont Sorcier Iron Ore Project in Quebec, Canada. In Canada, it holds a 100% interest in the Mont Sorcier Iron Ore and Vanadium project, which has the potential to produce a premium iron ore concentrate. The Minera Don Nicholas (MDN) property is located in the mineral rich Deseado Massif in the province of Santa Cruz, totaling 333,340 ha's of concessions. MDN is producing operating mining from two separate open pit areas, La Paloma and Martinetas. The Mont Sorcier Iron ore property is located just 18 km outside of Chibougamau, Quebec. The Property hosts a large Iron resource with significant and extractable Vanadium.

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Cerrado Gold Inc > Trading halt coming ?

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Comment by baystock1on Feb 08, 2024 1:18am

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Post# 35869105

RE:RE:RE:Trading halt coming ?

In the spirit of contemplating the potential worst case:

I think all the debt is owed by the Argentina subsidiary and not the parent holding company. So I think if the Argentina subsidiary defaults on its debts the MDN mine assets will go into receivership and not the Brazilian or Quebec assets. To me this would be an acceptable worst case outcome. Would like to hear any thoughts for or against my positive spin on what I think could be the worst case.

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