CERVANTES CORPORATION LIMITED(CVS)

The company lodges its Annual Report to shareholders.

The company's AGM will be held at 2.00pm (WST) on 27 November 2020 at Royal Perth Golf Club, Labouchere Road, South Perth WA 6151.

A drilling programme has commenced at the Primrose Project at Paynes Find. The campaign will entail 20 to 34 RC holes for 500 to 800m, depending on results. Assays are not expected for at least 6 weeks, given the activity currently being experienced in the gold exploration industry. Cervantes proposes to use the results of this drilling to assess near term exploitation of any shallow mineralisation defined and underpin discussions with third party toll treatment mills.

The company releases its Appendix 4G & Corporate Governance Statement.

The company lodges its Full Year Statutory Accounts.

Shareholders in this company should consider crystallising a capital loss in 2020/21 by selling their worthless shares, which they can achieve online by entering transaction details here. While this usually makes good economic sense, we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

The company lodges its Quarterly Activities and Cashflow Report.

Existing exploration data audited and validated. First pass ore block modelling and notional pit design completed on verified data. An exploration target has been estimated on the Prospect at Blue Heaven Prospect in the Primrose Gold Project. The potential quantity and grade of an Exploration Target estimate is conceptual in nature, as there has been insufficient reliable exploration data to estimate a Mineral Resource and that it is uncertain if further exploration will result in the estimation of a Mineral Resource. The target is based on actual exploration results. Potential exists for mineralisation down dip and along strike of the identified target area. Modelling has highlighted areas requiring additional drilling and validation. Initial work started towards submitting a Mining Proposal.

The settlement of the Albury Heath project sale to Big Bell Gold Operations has taken place today. Cervantes Corporation has today received 330,313 Westgold Resources Limited fully paid ordinary shares to the value of $700,000 as part consideration for the Albury Heath project.

WGX releases an Appendix 2A.

The company lodges its Quaterly Activities and Cashflow Report.

After a period of negotiations, the company has agreed to sell the Albury Heath project in Meekatharra to Big Bell Gold Operations Pty Ltd, a wholly owned subsidiary of Westgold Resources Limited.

The company is ensuring that only two directors at any one time are in the office, and the prescribed distance between all parties comply with all Government and other directives. The main office building within the complex has been closed to visitors. The company managed to incorporate some field work prior to the suspension of travel. The company struggles to raise equity while the suspension of shares continue, but the board continues to have constructive discussions with a number of parties regarding sale of some projects or part thereof, including possible joint ventures and other funding arrangements, albeit under less than ideal circumstances from the overhang of COVID-19, and the suspension of shares. Cervantes had been approached a number of times for a joint venture on the "ABBOTTS" Meekatharra project, contained within a strategically located exploration licence, a short distance from the Meekatharra township. As reluctant as the company were to let go of this asset, because of the continued suspension of the company and the need for funding, the board agreed to accept cash for the Exploration Licence of $30,000 plus a 1% net Smelter Royalty from Ora Gold Ltd.

The company lodges its Half Yearly Report and Accounts.

The company lodges its Quarterly Activity and Cashflow Report.

The company releases its Whistleblowers Policy.

The company releases the results of its meeting.

The company lodges its Quarterly Activities and Cashflow Report.

The company lodges its Annual Report to shareholders.

The company's AGM will be held at 2.00pm (WST) on 29 November 2019 at Royal Perth Golf Club, Labouchere Road, South Perth WA 6151.

The company releases its Appendix 4G & Corporate Governance Statement.

The company lodges its Full Year Statutory Accounts.

New gold zone identified in an old field. Copper zone recognized as potential drilling target. High occurrence of lanthanum may be pathfinder to REE target.

The company releases the results of its meeting.

Three high priority gold targets are identified from a soil survey undertaken on specific target areas. Areas were chosen from an interpretation of aeromagnetic data that highlighted similar magnetic settings to the Albury Heath Mine area. Three anomalous copper and nickel zones also defined. The survey used the Mobile ion method.

The company lodges its Quarterly Activities and Cashflow report.

The company has been granted a waiver of ASX Listing Rule 10.1 allowing the company without obtaining shareholder aproval to grant the security in favor of NYS to secure repayment of the loan and debts and any further loan amounts up to an aggregate cap of $350,000 sunject to certain conditions. The company plans to repay the dbts and loan and any other funds lent by NYS, together with accrued interest, by the date the secured funds must be repaid, which is currnetly 5 July 2021, and will immediately seek to have the security discharged. The company has agreed that amounts owed to NYS will accrue interest at 7% pa from 5 January 2020 with interest repayable monthly unless capitalised, with the outstanding principal repayable on the earlier of 5 July 2021 and the date the company has sufficient funds to repay the amounts owed.

The company releases a notice of general meeting. The meeting will be held at 2.30pm (WST) on Friday 9th August 2019 at Royal Perth Golf Club, Labouchere Road, South Perth WA 6151.

The Abbotts Gold Project is centred on an underexplored segment of the Abbotts Greenstone Belt. Gold deposits occur throughout the belt - none yet discovered in the poorly explored section of the belt Cervantes controls. The Abbotts Greenstone Belt is yet to deliver a world class gold deposit typical of neighbouring belts. Structures running through the Project from the south and south-west host gold deposits on adjacent ground. Recently completed surface soil geochemistry highlights the prospectivity of these structures on Cervantes' tenement.

The company acknowledges the request for repayment of a loan created and approved on 9 August 2018. The request for payment is in accordance with the loan terms as it currently stand and now sets the repayment of the $900,000 date as the 8 June 2021. The repayment date of the loan was determined as being 2 years from the request for repayment which has now been implemented as a result of Cervantes alerting GLV to that clause, and no interim payments are required unless Cervantes voluntarily elects to do so in accordance with the agreement.

The suspension of the company's securities remains in place.

Global Vanadium has given written notice to Cervantes that all amounts payable under the loan agreement must be repaid either on or before 8 June 2021 or on or before 8 June 2020. The Global Vanadium board is reviewing and considering the terms of the amendment agreement and the loan agreement and the company's basis for entering into the amendment agreement.

The securities of Cervantes Corporation Ltd will be suspended from quotation under Listing Rule 17.3, as ASX has determined that CVS's financial condition is not adequate to warrant the continued quotation of its securities and therefore it is in breach of Listing Rule 12.2. The suspension will continue until CVS is able to demonstrate compliance with Listing Rule 12.2.

The suspension of trading in the securities of Cervantes Corporation Ltd will be lifted immediately following the release by the Company of an announcement regarding the assessment of initial drilling results.

The first batch of assays from samples collected during the recent RC drilling campaign at Albury Heath have been received. Twenty nine RC holes for 1,866m were completed. Of the total of 2,009 samples collected, 1,356 have now been received.

The securities of Cervantes Corporation Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of the Company, pending the release of an announcement regarding initial drilling results.

name changed from Cervantes Seafood Limited