Cerrado Gold Secures $8.75 Million Payment from Hochschild
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 03 2025
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Should l Buy ?
Source: Newsfilter
Prepayment Received: Cerrado Gold Inc. has received US$8.75 million from Hochschild Mining Plc as a prepayment towards a US$10 million obligation related to the sale of the Monte Do Carmo Gold project in Brazil.
Strengthening Growth Initiatives: The funds will enhance Cerrado's balance sheet and provide flexibility to accelerate growth initiatives, including ongoing exploration and development projects in Argentina, Portugal, and Canada.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
