Mr. Mike McAllister reports

CERRADO GOLD ANNOUNCES RELEASE DATE FOR SECOND QUARTER FINANCIAL RESULTS AND CONFERENCE CALL / WEBCAST

Cerrado Gold Inc. will file its second quarter 2026 financial results after market close on Aug. 18, 2026. Financial results will be posted on SEDAR+ under Cerrado's issuer profile and on the company's website.

Conference call/webcast details

Cerrado management will also host a conference call and webcast on Aug. 19, 2026, at 11 a.m. ET to discuss the Q2 financial and operational results as well as the outlook for the company. The accompanying presentation for the call will be available on the investor page on Cerrado Gold's website.

Call details are as follows.

Webcast details

For those who wish to participate by webcast, please join on-line.

Conference call preregistration details

Preregistration for the conference call is required. Participants can preregister for the conference on-line.

Participants will receive dial-in numbers and a PIN (personal identification number) to connect directly upon registration completion or can select the "Call Me" feature to receive a call to connect.

About Cerrado Gold Inc.

Cerrado Gold is a Toronto-based gold production, development and exploration company. The company is the 100-per-cent owner of the producing Minera Don Nicolas and Las Calandrias mine in Santa Cruz province, Argentina. In Portugal, the company holds an 80-per-cent interest in the highly prospective Lagoa Salgada VMS (volcanogenic massive sulphide) project through its position in Redcorp -- Empreendimentos Mineiros Ltda. In Canada, Cerrado Gold is developing its 100-per-cent-owned Mont Sorcier iron project, located outside of Chibougamau, Que.

In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas (MDN) operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap-leach project. An extensive campaign of exploration is continuing to further unlock potential resources in the company's highly prospective land package in the heart of the Deseado Massif.

In Portugal, Cerrado is focused on the development and exploration of the highly prospective Lagoa Salgada VMS project, located on the prolific Iberian pyrite belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver and gold. Extensive exploration upside potential lies both near the deposit and at prospective stepout targets across the large 7,209-hectare property concession. Located just 80 kilometres from Lisbon and surrounded by exceptional infrastructure, Lagoa Salgada offers a low-cost entry to a significant development and exploration opportunity, already showing its minable scale and cash flow generation potential.

In Canada, Cerrado is developing its 100-per-cent-owned Mont Sorcier high-purity, high-grade direct reduced iron project, located on the traditional Cree territory of Eeyou Istchee James Bay in the municipality of Chibougamau. The Mont Sorcier project has the potential to produce a premium iron concentrate over a long mine life at low operating costs and low capital intensity. Furthermore, its high-grade and high-purity product facilitates the migration of steel producers from blast furnaces to electric arc furnaces, contributing to the decarbonization of the industry and the achievement of sustainable development goals.