Cerrado Gold (TSE:CERT) has released an update.
Cerrado Gold Inc. has clarified its past consulting agreements with Red Cloud and Feneck Consulting Group, detailing services for capital markets strategy and investor relations without stock options or bonus fees. Additionally, the company has a shared services arrangement with Ascendant Resources Inc., allowing for shared office and management services, with Cerrado currently owed $3.2 million by Ascendant for these services.
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