Centerra Gold Announces Quarterly Dividend of C$0.07 per common share
August 10 2021 - 06:02AM
Centerra Gold Inc. (“Centerra”) (TSX: CG) (NYSE: CGAU) announced
today that its Board of Directors has approved a quarterly dividend
of C$0.07 per common share – approximately C$20.8 million or
US$16.5 million. The quarterly dividend is payable on September 8,
2021, to shareholders of record on August 25, 2021. The dividend is
an eligible dividend for Canadian income tax purposes.
The Company notes that going forward, in
addition to the other factors that the Board of Directors normally
considers in connection with the declaration of dividends, it will
also need to carefully consider whether, and the extent to which,
developments relating to the Kumtor Mine and / or COVID-19 affect
its dividend program. In accordance with Centerra’s dividend
policy, the timing and quantum of dividends are to be determined by
the Board of Directors from time-to-time based on, among other
things, the Company’s operating results, cash flow and financial
conditions, Centerra’s current and anticipated capital
requirements, and general business conditions.
About Centerra GoldCenterra
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 mines, the Mount Milligan Mine in British Columbia, Canada and
the Öksüt Mine in Turkey, and its Molybdenum Business Unit in the
United States. The Company owns the Kumtor Mine in the Kyrgyz
Republic, which is currently not under the Company’s control.
Centerra's shares trade on the Toronto Stock Exchange (TSX) under
the symbol CG and on the New York Stock Exchange (NYSE) under the
symbol CGAU. The Company is based in Toronto, Ontario, Canada.
For more information:John W. PearsonVice
President, Investor Relations(416)
204-1953john.pearson@centerragold.com
Additional information on Centerra is available on the
Company’s web site at www.centerragold.com and at
SEDAR at www.sedar.com and EDGAR at
www.sec.gov/edgar.
A PDF accompanying this announcement is available
at: http://ml.globenewswire.com/Resource/Download/0c4906e5-0355-4d83-8d11-df51dd4be47a
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