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Cerrado Gold Readies for $60 Million Project Deal

Cerrado Gold Readies for $60 Million Project Deal

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

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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.

For further insights into TSE:CERT stock, check out TipRanks’ Stock Analysis page.

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