Disclaimer

TERMS OF USE

By accessing the www.centerragold.com website (the "website"), you are agreeing to be bound by these website terms of use ("Terms of Use"), all applicable laws and regulations, and agree that you are responsible for compliance with any applicable local laws. If you do not agree with any of these terms, do not use this website.

Centerra Gold Inc. ("Centerra") may revise these Terms of Use at any time without notice. By using this website you are agreeing to be bound by the then current version of these Terms of Use.

LICENCE GRANT AND OWNERSHIP BY CENTERRA

  1. Licence. Subject to the terms and conditions of the Terms of Use, Centerra grants you a non-exclusive, non-transferable, limited licence to view or print the information and documents appearing on this website without alterations, for personal, non-commercial use only.
  2. Ownership. All information, documents, materials, graphics, designs, logos, layouts and computer codes (collectively, “Content”)of this website is (and shall continue to be) owned exclusively by Centerra, and is protected under applicable copyrights, patents, trade-marks, trade dress and/or other proprietary intellectual property rights. The copying, redistribution, use or publication by you of any such Content or any part of this website is prohibited, except where specifically provided in the licence above. Under no circumstances will you acquire any ownership rights or other interest in any Content by or through your use of this website.

DISCLAIMER

THE INFORMATION AND MATERIALS CONTAINED IN THIS WEBSITE ARE PROVIDED FOR USERS‘ GENERAL INFORMATION AND ARE PROVIDED ‘AS IS’ WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND, INCLUDING WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL CENTERRA BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES DUE TO LOSS OF PROFITS OR BUSINESS INTERRUPTION) OR DUE TO THE USE OF OR INABILITY TO USE THE MATERIALS.

In using this website, you agree that Centerra shall not be liable for any damages whatsoever (including indirect, direct, incidental, special, punitive or consequential damages and loss of profits, opportunities or information) arising from (a) your use of or reliance on information contained on this website; (b) any inaccuracy or omission in such information or failure to keep the information current; (c) use of any third party websites linked or referred to in this website; (d) any delays, inaccuracies or errors in, or in the transmission of, any stock price quotes or historical price data; (e) any Internet software used in connection with this website or computer viruses or other destructive programs encountered as a result of using this website, and (f) any other matter connected with this website; even if Centerra is made aware of the possibility of such claims, damages or losses.

Although considerable care has been taken in preparing and maintaining the information and materials contained on this website, they are provided on an "as is" basis, without warranty of any kind, either express or implied, with respect to the accuracy or completeness of the information. This website may contain bugs, errors or other problems, although Centerra has taken steps to avoid such problems. Unless otherwise indicated, all information posted on this website is current only as of the date of the document that contains the information, if indicated, or the date on which the document is posted, whichever is earlier. Centerra may at any time make changes to the information at this website without prior notice. You should always ensure that you are referring to the most current information available on this website. Furthermore, the information in no way should be construed or interpreted as - or as part of - an offering or solicitation of securities. No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by Centerra to that effect.

The materials appearing on this website could include technical, typographical or photographic errors. Centerra does not warrant that any of the materials on this website are accurate, complete or current. Centerra reserves the right in its sole discretion to edit or delete any documents, information or other content appearing on this website without notice.

In this website, Centerra has provided links and references to several other websites. Centerra has no control over information at websites hyperlinked or referred to in this website. These links and references are being provided for the convenience of the users of this website and Centerra does not endorse and is not responsible or liable for the content, nature or reliability of any linked or referenced website or any link contained in a linked or referenced website. Centerra takes no responsibility for monitoring, updating, supplementing or correcting any information on any linked or referenced website and makes no representation or warranties regarding such information. Please be aware that in linking or going to these outside websites, you are leaving the Centerra website and that Centerra is not responsible for the content of any other website.

CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

Statements contained in this website, including life-of-mine information and any information as to Centerra‘s future financial or operating performance, which are not historical facts are forward-looking statements that involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things: volatility and sensitivity to market prices for gold; replacement of reserves; procurement of required capital equipment and operating parts and supplies, equipment failure; unexpected geological or hydrological conditions; political risks arising from operating in certain developing countries; imprecision in reserve estimates; success of future exploration and development initiatives; competition; operating performance of the facilities; environmental and safety risks including increased regulatory burdens; seismic activity, weather and other natural phenomena; failure to obtain necessary permits and approvals from government authorities; changes in government regulations and policies; including tax and trade laws and policies; ability to maintain and further improve positive labor relations; and other development and operating risks.

Reserve and resource figures included in this website are estimates and no assurances can be given that the indicated levels of gold will be produced or that Centerra will receive the gold price assumed in determining its reserves. Such estimates are expressions of judgment based on knowledge, mining experience, analysis of drilling results and industry practices. Valid estimates made at a given time may significantly change when new information becomes available. While Centerra believes that the reserve and resource estimates included are well established and the best estimates of Centerra‘s management, reserve and resource estimates by their nature are imprecise and depend, to a certain extent, upon statistical inferences which may ultimately prove unreliable.

Furthermore, market price fluctuations in gold, as well as increased capital or production costs or reduced recovery rates may render ore reserves containing lower grades of mineralization uneconomic and may ultimately result in a restatement of reserves. The extent to which resources may ultimately be reclassified as proven or probable reserves is dependent upon the demonstration of their profitable recovery. The evaluation of reserves or resources is always influenced by economic and technological factors, which may change over time.
Resources figures included in this website have not been adjusted in consideration of these risks and, therefore, no assurances can be given that any resource estimate will ultimately be reclassified as proven or probable reserves.

If Centerra‘s reserve or resource estimates for its gold properties are inaccurate or are reduced in the future, this could have a material adverse impact on Centerra‘s future cash flows, earnings, results of operations and financial condition.

Centerra estimates the future mine life of its operations. No assurance can be given that mine life estimates will be achieved. Failure to achieve these estimates could have a material adverse impact on Centerra‘s future cash flows, earnings, results of operations and financial condition.
Although Centerra believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this report. Centerra disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

Mineral resources are not mineral reserves, and do not have demonstrated economic viability. Measured and indicated resources have reasonable prospects for economic extraction. They are sufficiently well defined to allow geological and grade continuity to be reasonably assumed and permit the application of technical and economic parameters in assessing the economic viability of the resource. Inferred resources are estimated on limited information not sufficient to verify geological and grade continuity or to allow technical and economic parameters to be applied. Inferred resources are too speculative geologically to have economic considerations applied to them to enable them to be categorized as mineral reserves. There is no certainty that mineral resources can be upgraded to mineral reserves of any category through continued exploration.

STOCK QUOTES

All quotes are delayed at least 15 minutes unless otherwise stated. All stock quotes and historical stock price data are provided by third party service providers and are provided for informational purposes only, and are not intended for trading purposes. If you are contemplating trading in the securities of Centerra, we strongly advise you to seek independent professional advice before making any investment decision.

Centerra makes no representation or warranty regarding the accuracy or completeness of any such stock price quotes or historical stock price data and has not taken any steps to verify, the adequacy, accuracy or completeness of the information provided herein and, under no circumstances, will be liable for any inaccuracies or omissions in any such information or data, any delays or errors in the transmission thereof, or any loss or direct, indirect, incidental, special or consequential damages caused by reliance on this information or the risks arising from the stock market.

JURISDICTION

Any claim relating to this website shall be governed by the laws of the Province of Ontario without regard to its conflict of law provisions.