Cerrado Gold Secures $8.75 Million Payment from Hochschild
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 03 2025
0mins
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.
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.
