Cerrado Gold (TSE:CERT) has released an update.
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Cerrado Gold Inc. has announced the receipt of the final US$7 million advance from Hochschild’s subsidiary under a Signing Loan, reaching a total of US$15 million in funds. The loan will be offset against the purchase price upon shareholder approval of the Proposed Transaction, with a shareholder meeting scheduled for June 27, 2024. Additionally, the company has appointed a new auditor, McGovern Hurley LLP, ahead of the upcoming annual and special meeting.
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