Centerra Gold Announces Intention to make a Normal Course Issuer Bid

October 4, 2022

https://www.globenewswire.com/news-release/2022/10/04/2527577/0/en/Centerra-Gold-Announces-Intention-to-make-a-Normal-Course-Issuer-Bid.html

TORONTO, Oct. 04, 2022 (GLOBE NEWSWIRE) — Centerra Gold Inc. (TSX:CG) (NYSE:CGAU) (“Centerra” or the “Company”) is pleased to announce that, subject to the approval of the Toronto Stock Exchange (“TSX”), it intends to proceed with a normal course issuer bid (“NCIB”) to purchase for cancellation up to an aggregate of 15,610,813 common shares in the capital of the Company (“Common Shares”), representing approximately 7.1% of Centerra’s total issued and outstanding Common Shares, or 10% of the public float. As of September 30, 2022, Centerra had 220,086,775 issued and outstanding Common Shares.

Read more at globenewswire.com

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