Cerrado Gold reports successful annual shareholder meeting

Cerrado Gold Announces Successful Results of Annual Meeting of Shareholders

• All matters presented for shareholder approval were overwhelmingly approved
  

TORONTO, June 18, 2026 (GLOBE NEWSWIRE) -- Cerrado Gold Inc. [TSX.V: CERT][OTCQX:CRDOF] ("Cerrado" or the "Company”) is pleased to announce that, at its Annual Meeting of Shareholders (“Meeting”), all matters presented to shareholders were overwhelmingly approved. Details of the voting results are set out below.

Meeting Voting Results

A total of 21,228,165 common shares were voted at the Meeting, representing 15.675% of the votes attached to all outstanding common shares of the Company. All matters presented for shareholder approval at the Meeting were duly authorized and approved as follows.

Election of Directors

The shareholders elected each of the nominees listed in the Company’s Management Proxy Circular. Details of the voting results are as follows:

Name	Votes For	%	Votes Withheld	%
Mark Brennan	10,952,408	99.174	91,272	0.826
Maria Virginia Anzola	10,638,220	96.329	405,461	3.671
Christopher Jones	11,036,789	99.938	6,891	0.062
Kurt Menchen	11,036,289	99.933	7,391	0.067
Rui Santos	11,015,508	99.745	28,172	0.255
Robert Sellars	11,036,289	99.933	7,391	0.067

Appointment of Auditor

McGovern Hurley LLP was appointed auditor of the Corporation and the directors of the Corporation were authorized to fix the auditor’s remuneration. Details of the voting results are as follows:

	Total Votes	% of Votes Cast
Votes For	21,226,373	99.992
Votes Withheld	1,791	0.008

Options Issuance

The Company also announces that it has issued 100,000 options to a consultant under its amended and restated omnibus incentive plan. The options have an exercise price of $1.79, will vest immediately and expire in two years.

About Cerrado

Cerrado Gold is a Toronto-based gold production, development, and exploration company. The Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective Lagoa Salgada VMS project through its position in Redcorp - Empreendimentos Mineiros, Lda. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron project located outside of Chibougamou, Quebec.