Cerrado Gold (TSE:CERT) has released an update.
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Cerrado Gold Inc. has completed the sale of its Monte Do Carmo gold project in Brazil to a Hochschild subsidiary, securing a total of US$60 million, with additional future payments of US$15 million guaranteed. This strategic transaction highlights Cerrado’s focus on unlocking value from its assets, appealing to investors keen on developments in the mining sector.
For further insights into TSE:CERT stock, check out TipRanks’ Stock Analysis page.