Luke Bertozzi's questions to Centerra Gold Inc (CGAU) leadership • Q2 2025
Question
Luke Bertozzi asked how the decision to advance the Goldfield project affects Centerra Gold's broader M&A strategy.
Answer
President & CEO Paul Tomory stated that the company does not need to pursue substantive M&A and has no intention of conducting share-based transactions given the current stock valuation. He clarified that any potential M&A would be modest, cash-based, bolt-on in nature, and strategically synergistic, without compromising the company's ability to fund its organic growth projects from its existing balance sheet.