Centerra Gold

Kenorland Minerals Closes $7.49 M Non-Brokered Private Placement

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Monday, September 19, 2022
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Vancouver, British Columbia--(Newsfile Corp. - September 19, 2022) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: NWRCF) (FSE: 3WQ0) ("Kenorland" or "the Company") is pleased to announce that it has closed the fully subscribed non-brokered million private placement (the "Placement") of common shares previously announced on September 9, 2022.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - September 19, 2022) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: NWRCF) (FSE: 3WQ0) ("Kenorland" or "the Company") is pleased to announce that it has closed the fully subscribed non-brokered million private placement (the "Placement") of common shares previously announced on September 9, 2022.
  • The proceeds of the Placement will be utilized to fund the Company's exploration activities on its existing project portfolio and for general working capital.
  • The closing of the Placement is subject to receipt of all necessary regulatory approvals, including the acceptance by the TSXV.
  • The Company paid finder fees of $76,500 in cash to Haywood Securities Inc. in respect of portions of the Placement.

Trailbreaker Resources Identifies 850 x 700 Metre Au-Cu-Ag-Mo Anomaly at Eagle Lake Property, South-Central BC

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Tuesday, September 6, 2022
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Permits to conduct the geophysical survey as well as drilling at Eagle Lake have been applied for.

Key Points: 
  • Permits to conduct the geophysical survey as well as drilling at Eagle Lake have been applied for.
  • We have now confirmed an extensive multi-element soil anomaly over the location of the highest-grade intercepts from previous drilling.
  • Located 55 km east of Williams Lake, BC, the Eagle Lake property was recently generated by Trailbreaker through an agreement with Teck Resources Limited combined with additional claim staking (see May 18, 2022 news release ).
  • The team and myself will be carefully planning the next steps at Eagle Lake in the coming months.

Centerra Gold Announces CEO Transition

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Tuesday, September 6, 2022
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TORONTO, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) (Centerra or the Company) announced today that Paul Wright has replaced Scott Perry as President and Chief Executive Officer of Centerra.

Key Points: 
  • TORONTO, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) (Centerra or the Company) announced today that Paul Wright has replaced Scott Perry as President and Chief Executive Officer of Centerra.
  • Mr. Wright, a director of Centerra, will act as interim President and CEO to manage the Company through a leadership transition period, as the Board works with an executive search firm to select Centerras long-term Chief Executive Officer.
  • Mr. Wright retired from Eldorado Gold in April 2017 where he had served as President and CEO since 1999.
  • Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets worldwide.

Kenorland Announces the Commencement of Exploration and 2022 Budget at the Tanacross Project, Alaska

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Wednesday, August 24, 2022
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The detailed surveys carried out in 2022, combined with historical datasets will provide fundamental information for drill targeting across multiple target areas.

Key Points: 
  • The detailed surveys carried out in 2022, combined with historical datasets will provide fundamental information for drill targeting across multiple target areas.
  • To view an enhanced version of Figure 1, please visit:
    The total approved budget for the 2022 summer exploration program along with certain fixed costs in 2023, amounts to US$2,000,000.
  • Zach Flood, CEO of Kenorland commented, "We are very excited to be back in Alaska, with Antofagasta, advancing the Tanacross Project towards discovery.
  • The Tanacross Project covers 45,000 hectares of Alaska state-owned land, approximately 70 kilometers northeast of Tok, along the Alaska Highway.

Surge Copper Receives Berg Exploration Permit, Mobilizes Drills to the Berg Property, and Provides Exploration Update

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Wednesday, August 17, 2022
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Figure 1 provides a regional map highlighting the large number of exploration targets across the district which are being advanced through reconnaissance exploration during 2022.

Key Points: 
  • Figure 1 provides a regional map highlighting the large number of exploration targets across the district which are being advanced through reconnaissance exploration during 2022.
  • Berg is a large, advanced-stage exploration project located 28 km northwest of the Ootsa deposits.
  • Berg contains pit constrained 43-101 compliant resources of copper, molybdenum, and silver in the Measured and Indicated categories.
  • Combined, the adjacent Ootsa and Berg properties give Surge a dominant land position in the Ootsa-Huckleberry-Berg district and control over three advanced porphyry deposits.

Centerra Gold Announces COO Appointment

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Wednesday, August 17, 2022
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TORONTO, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) announced today that Paul Chawrun will be appointed as Chief Operating Officer (COO), effective September 6, 2022.

Key Points: 
  • TORONTO, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) announced today that Paul Chawrun will be appointed as Chief Operating Officer (COO), effective September 6, 2022.
  • His most recent executive position was as COO of Teranga Gold Corporation, prior to its acquisition by Endeavour Mining.
  • At Teranga, he was a key part of a team that transitioned a small single asset gold producer into a mid-tier mining company.
  • Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Trkiye, and other markets worldwide.

Centerra Gold Annual General Meeting of Shareholders

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Wednesday, August 10, 2022
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TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) will host its 2022 Annual General Meeting of Shareholders on September 22, 2022 at 11:00 a.m. (Toronto time) in a virtual only format.

Key Points: 
  • TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) will host its 2022 Annual General Meeting of Shareholders on September 22, 2022 at 11:00 a.m. (Toronto time) in a virtual only format.
  • Voting and participation instructions for eligible shareholders will be provided in the Companys Notice of Annual General Meeting of Shareholders and Management Information Circular, which will be mailed to shareholders of record as of the close of business on August 19, 2022, the record date for the 2022 Annual General Meeting, and made available on the Companys website at http://www.centerragold.com and on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar .
  • Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets worldwide.
  • Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the kst Mine in Turkey.

Centerra Gold Announces Quarterly Dividend of C$0.07 per common share

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Wednesday, August 10, 2022
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TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) announced today that its Board of Directors has approved a quarterly dividend of C$0.07 per common share approximately C$15.4 million or US$12.0 million.

Key Points: 
  • TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) announced today that its Board of Directors has approved a quarterly dividend of C$0.07 per common share approximately C$15.4 million or US$12.0 million.
  • The quarterly dividend is payable on September 8, 2022, to shareholders of record on August 25, 2022.
  • The dividend is an eligible dividend for Canadian income tax purposes.
  • Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets worldwide.

Centerra Gold Publishes 2021 Environmental, Social and Governance Report

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Thursday, August 4, 2022
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TORONTO, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) is pleased to announce the publication of its third annual Environmental, Social and Governance (ESG) Report.

Key Points: 
  • TORONTO, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) is pleased to announce the publication of its third annual Environmental, Social and Governance (ESG) Report.
  • 2021 highlights and achievements include:
    Successful completion of Year 2 Responsible Gold Mining Principles (RGMP) assurance; on track to achieving conformance with the RGMPs before the end of 2022.
  • Scott Perry President and Chief Executive Officer of Centerra, commented I am pleased to report the publication of our most recent ESG report.
  • Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets worldwide.

Centerra Gold Announces Completion of Global Arrangement Agreement with Kyrgyzaltyn and the Government of the Kyrgyz Republic

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Friday, July 29, 2022
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TORONTO, July 29, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) today announced the closing of the previously announced global arrangement agreement (the Arrangement Agreement) with Kyrgyzaltyn JSC (Kyrgyzaltyn) and the Government of the Kyrgyz Republic relating to the disposition of Centerras ownership of the Kumtor mine and investment in the Kyrgyz Republic and the termination of Kyrgyzaltyns involvement with the Company (the Transaction).

Key Points: 
  • TORONTO, July 29, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) today announced the closing of the previously announced global arrangement agreement (the Arrangement Agreement) with Kyrgyzaltyn JSC (Kyrgyzaltyn) and the Government of the Kyrgyz Republic relating to the disposition of Centerras ownership of the Kumtor mine and investment in the Kyrgyz Republic and the termination of Kyrgyzaltyns involvement with the Company (the Transaction).
  • As contemplated by the Arrangement Agreement, the parties have, among other things, provided full and final releases of all claims related to the Kumtor mine.
  • In addition, Kyrgyzaltyns two director nominees, Dushen Kasenov and Nurlan Kyshtobaev, have resigned from Centerras Board of Directors, and the Restated Shareholders Agreement between, among others, Centerra and Kyrgyzaltyn has terminated.
  • Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets worldwide.