Minera Don Nicolas Enters Option Agreement with AngloGold Ashanti Argentinian Subsidiary, Cerro Vanguardia SA, for the Sale of its Michelle Exploration Properties
Cerrado Gold Inc. announced that its wholly owned subsidiary, Minera Don Nicolas S.A. ("MDN"), have entered into an option agreement ("Option Agreement") with Cerro Vanguardia S.A. ("CVSA") a wholly-owned subsidiary of AngloGold Ashanti Holdings Plc, whereby MDN has granted to CVSA the option to purchase a 100% interest in certain properties (the "Michelle Properties") located in the south region of MDN's Minera Don Nicolas Project in Santa Cruz, for total consideration of the Argentina peso equivalent of US$14 million (approximately C$19 million), subject to the fulfillment of certain conditions. The Option Agreement was ratified December 23, 2024, with effect December 18, 2024.






































