Centerra Gold Declares Quarterly Dividend of C$0.07 Per Common Share

TORONTO, Aug. 1, 2024 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) today announced that its Board of Directors has approved a quarterly dividend of C$0.07 per common share – approximately C$14.9 million or US$10.9 million in the aggregate. The quarterly dividend is payable on August 29, 2024, to shareholders of record as of the close of business on August 15, 2024. The dividend is a qualifying dividend for Canadian income tax purposes.

In accordance with Centerra’s dividend policy, the timing and amount of dividend payments are determined from time to time by the Board of Directors based on, among other things, the company’s operating results, cash flow and financial position, current and expected capital requirements and general business conditions.

About Centerra Gold

Centerra Gold Inc. is a Canadian-based gold mining company focused on exploiting, developing, exploring and acquiring gold and copper properties in North America, Turkey and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Turkey. The Company also owns the Goldfield District Project in Nevada, United States, the Kemess Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada. Centerra shares are traded 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 headquartered in Toronto, Ontario, Canada.

For more information:

Lisa Wilkinson
Vice President, Investor Relations & Corporate Communications
(416) 204-3780
[email protected]

Lana Pisarenko
Senior Manager, Investor Relations
(416) 204-1957
[email protected]

Additional information about Centerra is available on the company’s website at www.centerragold.com, on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov/edgar.