Cerrado Gold Announces Successful Results of Annual and Special Meeting of Shareholders

Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) announced that all resolutions presented at its Annual and Special Meeting were overwhelmingly approved by shareholders. A total of 40,637,097 common shares, representing 39.490% of the total shares outstanding, were voted.

All eight director nominees were elected, with the highest support for Maria Virginia Anzola at 98.078% and the lowest for Elmer Prata Salomão at 96.378%. Additionally, shareholders approved the appointment of McGovern Hurley LLP as the new auditors of the company for the ensuing year.

The sale of Serra Alta Mineração Ltda., Cerrado's subsidiary holding the Monte Do Carmo project in Brazil, to Amarillo Mineração Do Brasil Ltda., a subsidiary of Hochschild Mining PLC, was also approved. This transaction met a key milestone for closing, with TSXV providing conditional approval.

Kurt Menchen announced his resignation as President & Country Manager for Brazil but will continue serving as a director. The company expressed gratitude for his contributions to the Monte do Carmo Project.