Cerrado Gold Inc. announced that it will file its second quarter 2026 financial results after market close on August 18, 2026. The Toronto-based gold production, development, and exploration company will post the results on SEDAR+ under its issuer profile and on its corporate website. Investors seeking to understand the company’s operational performance at its Minera Don Nicolás and Las Calandrias mines in Argentina, as well as progress on its Mont Sorcier Iron project in Canada and Lagoa Salgada VMS project in Portugal, must wait for this upcoming disclosure.

The financial filing serves as the primary mechanism for updating stakeholders on the company’s quarterly performance. Cerrado Gold operates across multiple jurisdictions, holding a 100% interest in its Argentine assets, an 80% interest in the Lagoa Salgada project in Portugal through Redcorp - Empreendimentos Mineiros, Lda., and full ownership of the Mont Sorcier project in Quebec. The release of these figures is critical for assessing the impact of ongoing operational optimization campaigns and exploration activities across these diverse portfolios.

Conference Call and Webcast Details

Cerrado Management will host a conference call and webcast on August 19, 2026, at 11:00 AM ET. The session will cover the Q2 financial and operational results as well as the outlook for the company. An accompanying presentation will be available on the investor page of the Cerrado Gold website prior to the event.

Participants wishing to join via webcast can navigate to the provided link on the company’s investor relations page. For those preferring audio participation, pre-registration for the conference call is required. Participants can preregister via the designated link to receive dial-in numbers and a PIN number upon completion. Alternatively, registrants may select the "Call Me" feature to receive a direct call connection.

Operational Context

In Argentina, Cerrado is focused on maximizing asset value at its Minera Don Nicolás operation through continued operational optimization. Simultaneously, the company is growing production at the Las Calandrias heap leach project. An extensive exploration campaign is underway to unlock potential resources within the Deseado Massif land package.

In Portugal, the focus remains on the development and exploration of the Lagoa Salgada VMS project, located on the Iberian Pyrite Belt. This high-grade polymetallic project demonstrates mineralization endowment of zinc, copper, lead, tin, silver, and gold. The 7,209-hectare property concession offers exploration upside near the deposit and at prospective step-out targets, situated just 80km from Lisbon with exceptional infrastructure access.

In Canada, Cerrado is developing the 100%-owned Mont Sorcier high-purity, high-grade Direct Reduced Iron project in Chibougamau, Quebec. Located on the traditional Cree territory of Eeyou Istchee James Bay, the project aims to produce premium iron concentrate with low operating costs and capital intensity. The high-grade product supports steel producers’ migration from blast furnaces to electric arc furnaces, aiding industry decarbonization efforts.

For further information, investors are directed to the company’s website or contact Mike McAllister, Vice President of Investor Relations.

Cerrado Gold Inc. has repurchased streaming agreements over its Minera Don Nicolas and Lagoa Salgada projects for an aggregate consideration of approximately US$31.34 million. The transaction, which closed on July 17, 2026, was completed with Sprott Private Resource Streaming and Royalty (B) Corp. and Sprott Private Resource Streaming and Royalty (Collector) LP. This move maximizes shareholder exposure to exploration and development efforts at both assets while reducing balance sheet leverage.

Transaction Details

The aggregate consideration is comprised of an upfront payment of approximately US$11.34 million and deferred payments of US$20 million. The upfront portion was satisfied with approximately US$8 million in cash and the issuance of 3,000,000 common shares of Cerrado. The deferred payments consist of US$8 million due on or before October 6, 2026, and US$12 million due on or before January 4, 2027. These obligations are evidenced by non-interest-bearing promissory notes secured by a general security agreement over Cerrado's assets.

Acquired Assets

The repurchased assets include the amended and restated metals purchase and sale agreement dated March 2, 2023, regarding the Minera Don Nicolas Mine (MDN Stream), and the metals purchase and sale agreement dated November 25, 2022, as amended on December 1, 2023, regarding the Lagoa Salgada project (LS Stream). The transaction also includes the secured note dated November 25, 2022, in the aggregate principal amount of US$19 million, bearing interest at 10% per annum. All acquired assets have been repurchased for cancellation.

Strategic Rationale

Mark Brennan, CEO and Chairman of Cerrado, stated that the transaction enhances long-term value for shareholders at a reasonable cost. The repurchase improves future cash flows, strengthens the balance sheet, and increases the company's leverage to commodity prices. Additionally, the company is considering the creation of its own streaming vehicle, which may include exposure to its own assets and potential third-party streams.

Financial Breakdown

The following table outlines the consideration structure for the transaction:

The common shares issued were priced at C$1.5719 per share, representing a 3% discount to the 10-day volume-weighted average trading price calculated five days before closing. The shares are subject to a statutory four-month hold period under applicable Canadian securities laws. Altitude Capital Partners acted as the sole financial advisor to Cerrado. The transaction has received conditional acceptance from the TSX Venture Exchange and remains subject to final acceptance.