Centerra Gold Announces TSX Acceptance of Renewed Normal Course Issuer Bid and New $75 Million Langeloth Credit Facility

(TSX:CG) (NYSE:CGAU) Centerra Gold Inc. announced that the Toronto Stock Exchange has accepted the renewal of its normal course issuer bid (NCIB) for an additional one-year period. The renewed NCIB allows Centerra to purchase for cancellation up to 19,318,076 common shares during the twelve-month period from November 10, 2026 to November 9, 2027, representing 10% of the public float. As of October 31, 2026, Centerra had 193,671,809 common shares issued and outstanding. Daily purchases under the NCIB are limited to 167,484 common shares, which is 25% of the average daily trading volume of 669,937 common shares on the TSX from May 1, 2026 to October 31, 2026, except for block purchase exemptions. The company is not obligated to purchase any shares and may suspend or discontinue purchases at its discretion. Purchases will be made at market price through the TSX, NYSE, and/or alternative trading systems in Canada or the United States, in compliance with applicable securities legislation and stock exchange rules. The previous NCIB authorized the purchase of up to 20,129,230 common shares and expires on November 9, 2026. As of October 31, 2026, a total of 8,970,800 common shares were purchased under the previous NCIB at a volume weighted average price of $24.33 per share. On November 3, 2026, the Ontario Securities Commission granted Centerra exemptive relief to purchase up to 10% of its public float through the NYSE and other U.S.-based trading systems during the 12-month NCIB period, instead of being limited to 5% of its outstanding common shares at the beginning of the period. Centerra intends to establish an automatic share purchase plan with a designated broker to facilitate purchases during regulatory or self-imposed blackout periods. The company believes its shares trade within a price range that does not fully reflect the underlying value of its assets or future prospects, and views the NCIB as a flexible tool to allocate a portion of its cash balance while maintaining a robust balance sheet. On November 4, 2026, Centerra's Langeloth Metallurgical Facility entered into a three-year, $75 million asset-based revolving credit facility with ING Capital LLC. This facility provides direct access to financing for working capital requirements, which fluctuate with molybdenum prices and volumes, reducing reliance on funding from Centerra and enhancing financial flexibility. Centerra operates the Mount Milligan Mine in British Columbia, Canada, the Öksüt Mine in Türkiye, and owns the Kemess gold-copper Project in British Columbia and the Goldfield gold Project in Nevada, United States. The company also owns and operates US Moly, including the Thompson Creek Mine in Idaho and the Langeloth Metallurgical Facility in Pennsylvania.

Centerra Gold Announces Quarterly Dividend of C$0.07 per Common Share

(TSX:CG, NYSE:CGAU) Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of C$0.07 per common share. This dividend represents approximately C$13.6 million or US$9.5 million in aggregate. The dividend will be payable on December 2, 2026, to shareholders of record as of the close of business on November 19, 2026. The dividend is classified as an eligible dividend for Canadian income tax purposes. The Board of Directors determines the timing and quantum of dividends based on the Company’s operating results, cash flow, financial conditions, current and anticipated capital requirements, and general business conditions. Centerra Gold Inc. is headquartered in Toronto, Ontario. The Company operates the Mount Milligan Mine, a gold-copper asset located in British Columbia, Canada. Centerra also operates the Öksüt Mine, a gold asset in Türkiye. The Company has an organic growth pipeline in North America, including the Kemess gold-copper Project in British Columbia, Canada. Centerra also owns the Goldfield gold Project in Nevada, United States. The Company owns and operates US Moly, a vertically integrated molybdenum business in the United States. US Moly comprises the Thompson Creek Mine in Idaho and the Langeloth Metallurgical Facility in Pennsylvania. Centerra Gold Inc. shares are listed on the Toronto Stock Exchange (TSX: CG) and the New York Stock Exchange (NYSE: CGAU).

Centerra Gold Reports Third Quarter 2026 Results; Full-Year AISC Guidance on a By-Product Basis Lowered at Mount Milligan Following Continued Operational Execution; Record Quarterly Share Buybacks and Continued Advancement of Self-Funded North American Growth Strategy

(TSX:CG, NYSE:CGAU) Centerra Gold Inc. reported its third quarter 2026 operating and financial results. President and CEO Paul Tomory stated that Mount Milligan delivered a fourth consecutive quarter on plan and remains on track to achieve its 2026 production guidance, with strong copper by-product credits enabling a reduction in Mount Milligan’s full-year guidance for all-in sustaining costs on a by-product basis. Öksüt continues to track in line with its previously increased full-year production guidance and original cost guidance ranges. In the third quarter of 2026, consolidated gold production was 75,429 ounces, including 44,070 ounces from Mount Milligan and 31,359 ounces from Öksüt. Copper production at Mount Milligan was 12.8 million pounds. The company remains on track to achieve its 2026 gold production guidance of 140,000 to 155,000 ounces at Mount Milligan and 120,000 to 135,000 ounces at Öksüt, as well as 50 to 60 million pounds of copper at Mount Milligan. Third quarter 2026 gold sales were 74,387 ounces at an average realized gold price of $3,483 per ounce, and copper sales were 13.2 million pounds at an average realized copper price of $5.74 per pound. Consolidated gold production costs were $1,505 per ounce and all-in sustaining costs on a by-product basis were $1,775 per ounce. The company’s 2026 guidance for consolidated AISC on a by-product basis is $1,650 to $1,750 per ounce. Third quarter 2026 additions to property, plant, and equipment were $139.3 million, and capital expenditures were $150.9 million. Sustaining capital expenditures were $26.1 million, mainly related to construction at the tailings storage facility, equipment replacements, and mill maintenance at Mount Milligan. Non-sustaining capital expenditures were $124.8 million, mainly for development at Thompson Creek and Goldfield. Net earnings for the quarter were $88.7 million, or $0.46 per share, and adjusted net earnings were $71.8 million, or $0.37 per share. Key adjustments to net earnings included $10.2 million of deferred income tax adjustments and $7.2 million of reclamation provision revaluation recovery. Cash provided by operating activities was $143.1 million, and free cash flow was $17.1 million. Cash provided by mine operations was $106.8 million at Mount Milligan and $68.3 million at Öksüt, with free cash flow of $62.8 million and $65.8 million, respectively. As of September 30, 2026, total liquidity was $998 million, including a cash balance of $398 million and $600 million available under a corporate credit facility. Under the normal course issuer bid, Centerra repurchased 2,584,600 common shares in the third quarter for a record total consideration of $53.0 million, and has completed $125.2 million of share repurchases in the first nine months of the year. A quarterly dividend of C$0.07 per common share was declared, totaling $9.8 million in the third quarter. The current NCIB expires on November 9, 2026, and Centerra intends to renew it, subject to TSX approval, to purchase for cancellation a number of shares representing the greater of 5% of issued and outstanding shares or 10% of the public float. As of October 29, 2026, Centerra had 193,499,721 issued and outstanding shares. For the three months ended September 30, 2026, revenue was $500.3 million, production costs were $290.8 million, depreciation, depletion, and amortization was $33.4 million, earnings from mine operations were $176.1 million, net earnings were $88.7 million, adjusted net earnings were $71.8 million, adjusted EBITDA was $137.6 million, cash provided by operating activities was $143.1 million, and free cash flow was $17.1 million. Additions to PP&E were $139.3 million, total capital expenditures were $150.9 million, sustaining capital expenditures were $26.1 million, and non-sustaining capital expenditures were $124.8 million. Net earnings per common share were $0.46, and adjusted net earnings per common share were $0.37. Gold produced was 75,429 ounces, gold sold was 74,387 ounces, average market gold price was $4,262 per ounce, and average realized gold price was $3,483 per ounce. Copper produced was 12,773,000 pounds, copper sold was 13,189,000 pounds, average market copper price was $6.40 per pound, and average realized copper price was $5.74 per pound. Molybdenum roasted was 2,784,000 pounds, molybdenum sold was 4,645,000 pounds, average market molybdenum price was $32.98 per pound, and average realized molybdenum price was $33.43 per pound. Gold production costs were $1,505 per ounce, all-in sustaining costs on a by-product basis were $1,775 per ounce, and gold all-in sustaining costs on a co-product basis were $2,205 per ounce. Copper production costs were $2.68 per pound, and copper all-in sustaining costs on a co-product basis were $3.32 per pound. The Mount Milligan Mine is subject to an arrangement with Royal Gold which entitles Royal Gold to purchase 35% of gold and 18.75% of copper produced, requiring Royal Gold to pay $435 per ounce of gold and 15% of the spot price per metric tonne of copper delivered. Using assumed market prices of $4,250 per ounce of gold and $6.25 per pound of copper for 2026, Mount Milligan’s average realized gold and copper prices for 2026 would be $2,915 per ounce and $5.25 per pound, respectively, compared to $2,608 per ounce and $3.96 per pound in 2025. Gold production for 2026 at Mount Milligan assumes estimated recoveries of 60% to 62%, compared to actual gold recovery of 60.3% for the nine months ended September 30, 2026. Copper production for 2026 assumes recovery of 75% to 77%, compared to actual copper recovery of 74.2% for the nine months ended September 30, 2026.

Centerra Gold Announces Extension and Increase of its Corporate Credit Facility

(TSX: CG) (NYSE: CGAU) Centerra Gold Inc. announced that it and its syndicate of lenders have entered into an amendment to extend and increase its revolving credit facility to US$600 million, up from US$400 million previously. The Credit Facility has a term of four years, maturing on July 15, 2030. The interest rate payable on any outstanding borrowings is based on the Secured Overnight Financing Rate (SOFR) plus an applicable margin of 1.875% to 3.000%, compared to 2.25% to 3.25% previously. As at July 15, 2026, no amounts are drawn under the Credit Facility. The Credit Facility is led by The Bank of Nova Scotia and National Bank of Canada and is supported by a syndicate of international institutions including ING Capital LLC, Royal Bank of Canada, Bank of Montreal, PNC Bank Canada Branch, The Toronto-Dominion Bank, Canadian Imperial Bank of Commerce and Citibank, N.A. (Canadian Branch). Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye, and also owns the Kemess Project in British Columbia, Canada, the Goldfield Project in Nevada, United States, and the Molybdenum Business Unit in the United States and Canada. The expanded Credit Facility offers future flexibility and may be used for general corporate purposes, including working capital, investments, potential acquisitions, and capital expenditures. The company projects that the expanded Credit Facility will provide future flexibility for general corporate purposes.

Centerra Gold Provides Notice of Second Quarter 2026 Results and Conference Call

(TSX: CG) (NYSE: CGAU) Centerra Gold Inc. will release its second quarter 2026 operating and financial results after the market closes on Tuesday July 28, 2026. The Company will host a conference call and webcast to discuss the results on Wednesday July 29, 2026, at 9:00 a.m. Eastern Time. An archive of the webcast will be available until the end of day on October 29, 2026. After the call, an audio recording will be made available via telephone for one month, until the end of day August 29, 2026. Centerra Gold Inc. operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Kemess Project in British Columbia, Canada, the Goldfield Project in Nevada, United States, and owns and operates the Molybdenum Business Unit in the United States and Canada. Centerra’s shares trade on the Toronto Stock Exchange under the symbol CG and on the New York Stock Exchange under the symbol CGAU.

Content Partners and Carlyle Global Credit Announce Single-Asset Continuation Vehicle Providing New Capital for Film and TV Growth

(NASDAQ: CG) Carlyle's Global Credit platform and Content Partners announced the successful closing of a single-asset continuation vehicle for Content Partners LLC. The transaction includes the option for existing investors, including Carlyle Credit Opportunities Fund II ("CCOF II"), and new third party investors, as well as Carlyle Credit Opportunities Fund III ("CCOF III"), to participate and provides additional capital to support Content Partners' continued growth and acquisition strategy. Content Partners manages a portfolio of over 800 motion pictures and more than 3,000 hours of television content. Carlyle's Global Credit platform has $209 billion in assets under management as of March 31, 2026. Carlyle (NASDAQ: CG) has $475 billion of assets under management as of March 31, 2026 and employs more than 2,500 people in 28 offices across four continents. The company projects to continue pursuing compelling film and television opportunities that will expand its market-leading library and deliver outstanding long-term value. Moelis & Company LLC served as financial advisor to Carlyle, while Debevoise & Plimpton LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to Carlyle, and Latham & Watkins LLP served as legal counsel to Content Partners.

Centerra Gold Publishes 2025 Sustainability Report

Centerra Gold Inc. (TSX: CG, NYSE: CGAU) has published its 2025 Sustainability Report, detailing its Environmental, Social, and Governance (ESG) performance. The company reported total global scope 1 and 2 greenhouse gas emissions of 198,110 tonnes of carbon dioxide equivalent, a 15% increase year over year, and achieved approximately 14,200 tCO2e in emissions reductions through renewable initiatives. Local procurement spending rose by 43% to $191 million, with $125 million spent in British Columbia, and community investments totaled $3.1 million. Centerra maintained 38% female representation on its Board and 29% among officers, and completed 5 years of independently assured conformance with the World Gold Council’s Responsible Gold Mining Principles. These results highlight Centerra's ongoing efforts to enhance sustainability and community engagement.

Centerra Gold Announces Results of 2026 Annual Meeting of Shareholders

Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) announced the results of its 2026 Annual Meeting of Shareholders held on May 5, 2026. A total of 152,456,607 shares, representing 76.39% of common shares issued and outstanding, were represented at the Meeting. All nominee directors listed in the management information circular dated March 20, 2026, were elected, and KPMG LLP was re-appointed as auditor. The advisory vote on executive compensation was approved with 138,616,883 votes for (98.13%) and 2,637,757 votes against (1.87%). These results reflect strong shareholder support for the company's leadership and governance.

Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of C$0.07 per common share, totaling approximately C$13.9 million or US$10.0 million in aggregate. The dividend will be payable on June 4, 2026, to shareholders of record as of May 21, 2026. The dividend is classified as an eligible dividend for Canadian income tax purposes. Centerra Gold operates gold and copper properties in North America and other markets, with shares trading on the TSX under CG and NYSE under CGAU. The company is based in Toronto, Ontario, Canada.