Mr. David Tafel reports

CENTURION PRIVATE PLACEMENT FINANCING

Centurion Minerals Ltd. has issued a clarification to its previously disclosed non-brokered private placement financing at one cent per unit for up to $250,000.

Each unit consists of one common share and one-half common share purchase warrant. Each whole warrant is exercisable at five cents for one common share of the company for a period of two years from closing.

Financing proceeds are to be allocated for working capital and general corporate activities.

There will be no proposed payments to non-arm's-length parties or parties conducting investor relations activities. Closing will be subject to TSX Venture Exchange approval and any shares issued will be subject to a four-month hold period.

About Centurion Minerals Ltd.

Centurion Minerals is a Canadian-based company with a focus on precious mineral asset exploration and development in the Americas. Centurion has the right to earn a 100-per-cent interest in the Casa Berardi West gold project, which is located in the prolific gold-producing, greenstone belt of Northeastern Ontario.

We seek Safe Harbor.