Alfred Gregorian entered into an agreement to acquire Compania Minera Cerro El Diablo, Inc. from Cerro Mining Corp. (TSXV:CRX.H) for CAD 1 on March 10, 2020. The agreement provides for Alfred Gregorian to indemnify Cerro Mining Corp. against any third party claims for the debts, liabilities and obligations (if any) of Compania Minera Cerro El Diablo, Inc. The agreement is subject to approval by the TSX Venture Exchange and is also subject to either shareholder approval or the written consent of shareholders holding at least 50% of the outstanding shares of Cerro Mining Corp.