TORONTO, CANADA – May 25, 2018 – Centerra Gold Inc. (TSX: CG) (“Centerra”) announced today that it has agreed with the Government of the Kyrgyz Republic to extend the First Longstop Date under the Strategic Agreement for Environmental Protection and Investment Promotion (“Strategic Agreement”) previously entered into with the Government of the Kyrgyz Republic on September 11, 2017. The First Longstop Date is the date by which all conditions precedent to the completion of the Strategic Agreement are required to be satisfied and it has been further extended by agreement of all the parties from May 31, 2018 to June 22, 2018.
Centerra recently met with Prime Minister Muhammedkaliy Abilgaziyev, who was appointed on April 20, 2018, and other Kyrgyz Republic officials regarding the Strategic Agreement. The Company continues to work with the Government of the Kyrgyz Republic to ensure the satisfaction of the remaining conditions precedent to completion of the Strategic Agreement, including the termination of certain legal proceedings and receipt of the signed land use certificate.
Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in North America, Asia and other markets worldwide. Centerra operates two flagship assets, the Kumtor Mine in the Kyrgyz Republic and the Mount Milligan Mine in British Columbia, Canada and is the largest Western-based gold producer in Central Asia. Centerra’s shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company is based in Toronto, Ontario, Canada.
For more information: John W. Pearson Vice President, Investor Relations (416) 204-1953 firstname.lastname@example.org
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