Centerra Gold : Shareholders Approve Plan of Arrangement With Kyrgyzaltyn and the Kyrgyz Republic – Form 6-K

Centerra Gold Shareholders Approve Plan of Association

With Kyrgyzaltyn and the Kyrgyz Republic

Toronto, Canada, July 25, 2022: Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) (“Centerra” or the “Firm”) introduced that on the Firm’s particular assembly of shareholders held earlier immediately, an awesome majority of Centerra shareholders voted in favor of the decision approving the proposed plan of association which is able to give impact to sure facets of the transactions (collectively, the “Transaction”) contemplated by the beforehand introduced international association settlement (the “Association Settlement”) entered into by, amongst others, Centerra, Kyrgyzaltyn JSC (“Kyrgyzaltyn”) and the Authorities of the Kyrgyz Republic. Additional particulars of the Transaction, together with the plan of association, are described in Centerra’s administration info round (“Round”) mailed to Centerra shareholders in reference to the particular assembly, and which can be out there on Centerra’s web site at www.centerragold.com/2022-special-meeting-materials and beneath the Firm’s profile on SEDAR at www.sedar.com and EDGAR at www.sec.gov/edgar.

Detailed voting outcomes for the decision are as follows:

A report on the voting outcomes for the particular assembly will probably be filed beneath the Firm’s profile on SEDAR at www.sedar.com and EDGAR at www.sec.gov/edgar.

The closing of the Transaction is topic to, amongst different issues, the Ontario Superior Courtroom of Justice (Business Checklist) issuing an order (the “Last Order”) approving the plan of association. The appliance for the Last Order is anticipated to be made on or about July 28, 2022, at 10:00 a.m. (Toronto time), or as quickly thereafter as counsel could also be heard.

Extension of Annual Assembly Deadline

Centerra additionally introduced that it has been granted a further extension by the Toronto Inventory Alternate to carry its annual assembly of shareholders no later than September 30, 2022. Centerra will present additional particulars relating to its annual assembly within the coming weeks.

1 College Avenue, Suite 1500

Toronto, ON

M5J 2P1

tel 416-204-1953

fax 416-204-1954

www.centerragold.com

Cautionary Be aware Concerning Ahead-Trying Data

Data contained on this doc which aren’t statements of historic info could also be “forward-looking info” for the needs of Canadian securities legal guidelines and throughout the which means of america Personal Securities Litigation Reform Act of 1995. Such forward-looking info entails dangers, uncertainties and different elements that might trigger precise outcomes, efficiency, prospects and alternatives to vary materially from these expressed or implied by such ahead wanting info. The phrases “anticipate”, “ponder”, “might”, “will” and related expressions determine forward-looking info. These forward-looking statements relate to, amongst different issues: the anticipated timing of the satisfaction or waiver of sure situations of the Transaction and the anticipated timing of the Last Order listening to.

Ahead-looking info is essentially primarily based upon quite a few estimates and assumptions that, whereas thought of cheap by Centerra, are inherently topic to vital political, enterprise, technical, financial and aggressive uncertainties and contingencies. Identified and unknown elements may trigger precise outcomes to vary materially from these projected within the forward-looking info. Elements and assumptions that might trigger precise outcomes or occasions to vary materially from present expectations embrace, amongst different issues: the danger that the Ontario court docket doesn’t approve the plan of association and concern the Last Order, and the truth that events have come ahead and indicated that they are going to oppose the issuance of the Last Order; dangers that any of the situations precedent to the Transaction is not going to be glad in a well timed method or in any respect; the impression of any actions taken by the Kyrgyz Authorities, or any of its instrumentalities, or Kyrgyzaltyn previous to the completion of the Transaction; the failure of the Kyrgyz Authorities or Kyrgyzaltyn to adjust to their obligations beneath the Association Settlement; the Kyrgyz Authorities nationalizing or expropriating the Kumtor mine; political and regulatory dangers within the Kyrgyz Republic; useful resource nationalism; the impression of modifications in, the impression of modifications in, or extra aggressive enforcement of, legal guidelines, laws and authorities practices; the presence of a major shareholder that may be a state-owned firm of the Kyrgyz Republic and potential conflicts of curiosity associated thereto; and different actions which might be taken by the Firm in response to the continued state of affairs involving the Kumtor mine. For added threat elements, please see part titled “Threat Elements” within the Firm’s most not too long ago filed Annual Data Type and within the Round, every of which can be found on SEDAR at www.sedar.com and EDGAR at www.sec.gov/edgar.

There might be no assurances that forward-looking info and statements will show to be correct, as many elements and future occasions, each identified and unknown may trigger precise outcomes, efficiency or achievements to differ or differ materially from the outcomes, efficiency or achievements which are or could also be expressed or implied by the forward-looking statements contained or referred to herein. Accordingly, all such elements needs to be thought of fastidiously when making selections with respect to Centerra, and potential buyers shouldn’t place undue reliance on ahead wanting info. Ahead-looking info contained herein is given as of the date of this press launch. Centerra assumes no obligation to replace or revise forward-looking info to mirror modifications in assumptions, modifications in circumstances or every other occasions affecting such forward-looking info, besides as required by relevant regulation.

About Centerra Gold

Centerra Gold Inc. is a Canadian-based gold mining firm centered on working, creating, exploring and buying gold and copper properties in North America, Turkey, and different markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Turkey. Centerra additionally owns the Goldfield District Mission in Nevada, United States, the Kemess Underground Mission in British Columbia, Canada, and owns and operates the Molybdenum Enterprise Unit in america. Centerra’s shares commerce on the Toronto Inventory Alternate (“TSX”) beneath the image CG and on the New York Inventory Alternate (“NYSE”) beneath the image CGAU. Centerra relies in Toronto, Ontario, Canada.

1 College Avenue, Suite 1500

Toronto, ON

M5J 2P1

tel 416-204-1953

fax 416-204-1954

www.centerragold.com

Extra info on Centerra is obtainable on the Firm’s site at www.centerragold.com and at SEDAR at www.sedar.com and EDGAR at www.sec.gov/edgar.

For extra info:

Toby Caron

Treasurer and Director, Investor Relations

(416) 204-1694

toby.caron@centerragold.com

Shae Frosst

Supervisor, Investor Relations

(416) 204-2159

shae.frosst@centerragold.com

1 College Avenue, Suite 1500

Toronto, ON

M5J 2P1

tel 416-204-1953

fax 416-204-1954

www.centerragold.com