TORONTO, Nov. 7, 2022 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra” or the “Company”) cg CGAU announced today that its Board of Directors has approved a quarterly dividend of C$0.07 per common share – approximately C$15.4 million or US$11.1 million. The quarterly dividend is payable on December 2, 2022 to shareholders of record on November 18, 2022. The dividend is an allowable dividend for Canadian income tax purposes.

In accordance with Centerra’s dividend policy, the timing and amount of dividends are to be determined by the Board of Directors from time to time based, among other things, on the Company’s results of operations, cash flows and financial position, as well as Centerra’s current and expected position of capital requirements and general business conditions .

About Centerra Gold

Centerra Gold Inc. is a Canada-based gold mining company focused on the operation, development, exploration and acquisition of gold and copper properties in North America, Türkiye and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada and the Öksüt Mine in Türkiye. The Company also owns the Goldfield District project in Nevada, USA, the Kemess Underground project in British Columbia, Canada and owns and operates the molybdenum business unit in the USA and Canada. 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 informations:
Toby Caron
Treasurer and Director, Investor Relations
(416) 204-1694
toby.caron@centerragold.com

Shae Frostt
Managers, Investor Relations
(416) 204-2159
shae.frostt@centerragold.com

More information about Centerra is available on the company’s website at www.centerragold.com and on SEDAR www.sedar.com and EDGAR on www.sec.gov/edgar.

A PDF of this announcement is available at