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File: '\\doc\emailin\20200213 173628 Attachment CERRO news release - Board Changes and Loan Feb 13 2020.docx'
CERRO MINING CORP.
200 Granville Street, Suite 2820
Vancouver, BC Canada V6C 1S4
For Immediate Release
CERRO MINING CORP. ANNOUNCES, DIRECTOR CHANGE & SHORT TERM LOAN
Vancouver, B.C., February 13, 2020 - CERRO MINING CORP. (NEX: CRX.H) ("Cerro" or the "Company") is pleased to announce t
--->he appointment of Mr Anthony Paterson to the Company's Board of Directors (the "Board").
Mr. Paterson has over 8 years experience in the venture capital and private equity markets as a strategic investor, buil
--->der and operator. Mr. Paterson has helped oversee the acquisition, growth, and management of assets across a broad spect
--->rum of industries including health and wellness, food and beverage, internet marketing, mezzanine lending, CBD manufactu
--->ring and resource development.
Mr. Paterson has directly participated in raising over $50 million of growth capital in the private sector. His recent s
--->uccesses include being a significant partner in the bridge loan and go public funding for Prime Mining Corp (PRYM). As M
--->r. Paterson continues to expand his reach into the commodity sector, he is now focusing on building long-term wealth in
--->quality companies with strong brands and dynamic leadership.
Jason Birmingham, Cerro President & CEO, states, "We are very pleased to have Anthony join the Company's Board. His netw
--->ork and experience will assist Cerro in pursuing potential new opportunities to increase shareholder value."
Brock Daem has resigned from the Board of Directors. The Company thanks Mr. Daem for his valuable service and contributi
Lastly, the Board of Directors of the Company has approved the entry into and execution of a loan agreement with the Com
--->pany's new director of the Company for an aggregate amount of up to $10,000 (the "Loan"). The purpose of the Loan is to
--->provide Cerro with interim working capital for ongoing business activities.
On Behalf of the Board of Cerro Mining Corp.
Jason Birmingham, President and CEO
For further information, please contact: Cerro Mining Corp. Tel: 778-987-3203
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TS
--->X Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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