Cerrado Gold Inc.·Basic Materials

Gold equivalent production of 12,842 Gold Equivalent Ounces (“GEO”) at AISC of $1,348/oz Au during Q1 2026 Record Adjusted EBITDA of $28.7 million for Q1 2026, benefiting from unhedged gold position Strong Cash Position of $31.4 million at quarter end Full year production guidance of 50,000-60,000 GEO maintained Exploration programs progressing as planned Continued progress at both the Lagoa Salgada and Mont Sorcier projects Recent Acquisition of Falcon properties positions MDN for the longer term Management to host conference call on May 28 th , 11:00 AM EDT TORONTO, May 27, 2026 (GLOBE NEWSWIRE) -- Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF; FRA:BAI0] (“Cerrado” or the “Company”) announces its operational and financial results for the first quarter 2026 (“Q1/26”), including its Minera Don Nicolas (“MDN”) gold mine in Santa Cruz Province, Argentina, its Lagoa Salgada Polymetallic Project in Portugal, and its Mont Sorcier High Purity DRI Iron Project in Quebec. Production results for MDN were previously released on April 20, 2026.

Acquisition of Falcon Properties has the potential to extend Heap Leach operations based on historical drill results. Combined with the existing exploration program, the acquisition is expected to position the mine to add new mineable material quickly An internal target for initial exploration outlined during the due diligence process indicates the potential for 150–200 koz/Au, with projected grades ranging from 0.8 to 1.1 g/t Au.

Toronto, Ontario--(Newsfile Corp. - April 30, 2026) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers. Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc. , is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality.

Cerrado Gold (CRDOF) fundamentals have strengthened, with Minera Don Nicolas now generating robust cash flows and reducing liquidity pressure. CRDOF eliminated its hedging program, fully exposing operations to spot gold prices, enhancing margin potential amid strong gold markets. The company launched a 5% NCIB buyback, signaling management's confidence and alleviating previous dilution concerns.

Strong Production of 12,842 Gold Equivalent Ounces ("GEO") for the 1 st Quarter 2026 Improved realized gold prices with close-out of hedges in January 2026 Production Guidance of 50,000 to 60,000 GEO maintained Underground development ramping up to support increased production in Q2/Q3 Exploration Program advancing rapidly to support resource growth at MDN with four drill rigs operating on site Development activities continue to progress at both the Lagoa Salgada and Mont Sorcier projects TORONTO, April 20, 2026 (GLOBE NEWSWIRE) -- Cerrado Gold Inc. [TSX.V: CERT] [OTCQX: CRDOF] ("Cerrado" or the "Company") announces production results for the first quarter ended March 2026 ("Q1 2026") from the Minera Don Nicolas Mine in Santa Cruz Province, Argentina ("MDN"). Full quarterly financial results are expected to be released prior to May 31, 2026.

Cerrado Gold Inc. (CERT:CA) Q4 2025 Earnings Call Transcript
Cerrado Gold Inc. operates as a gold mining and exploration company in South America. The company primarily explores for gold and silver deposits. It owns 100% interests in the Minera Don Nicolas project covering an area of approximately 333,400 ha located in Santa Cruz province, Argentina; Monte Do Carmo gold project that consists of 14 exploration permits covering an area of 67,785 ha located in Tocantins, Brazil; and Minera Mariana, including the Las Calandrias and Los Cisnes projects covering an area of 60,400 ha located in Santa Cruz province of Argentina. The company is headquartered in Toronto, Canada.