Cerrado Gold Inc V.CERT

New Press Release - Cerrado Gold Announces Share Issuance To Sprott Streaming And Royalty Corp.

TORONTO, ON / ACCESSWIRE / January 18, 2024 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") announces in connection with the US$20 million secured note (the "Note") issued by Cerrado to Sprott Resource Streaming and Royalty Corp. ("Sprott") to facilitate funding of the...read article.

[Brioche]

 a master coup ! at the lowest !  ...unable to find a paltry 600k cad  otherwise than with shares. The path will be long ..very long .

[ABDPhil]

This is probably the least worst of all solutions. Imagine what it would be like if Cerrado tried to raise capital in the market, without Sprott's support. It would be the short sellers who would get involved, by depreciating the SP upstream, by repaying from the shares acquired during the financing. In short, Sprott's presence increases the risks for short sellers, by limiting the

[Brioche]

No no no . Cerrado owns :  1) A whole plant in argentina coupled with a huge huge pack of land there .  2) a great Q of land in bresil with good resources  3 ) a vast property in quebec presenred  as a gamechanger for the company.  You ( everybody) know it perfectly well.  Don't tell me among all theses thousands of hectares there were no possibilities to find

[Brioche]

Lol written just before the PR . And from the last one :  More delays  We have lost the Martinetas H.L  Argentina ...no words !

[ABDPhil]

You have certainly analyzed the quality of these projects, much more than me. However, without money, Cerrado will be unable to develop them, without continually diluting the shareholding, or through royalty agreements. That said, I suggest analyzing this company as an explorer, with the risks that entails. Hoping I'm wrong, I wish you good luck.