Mr. David Tafel reports

CENTURION CLOSES PRIVATE PLACEMENT

Further to Centurion Minerals Ltd.'s news release of May 30, it will not be proceeding to close a second tranche of its non-brokered private placement. As previously announced, it has closed on and issued 12.3 million units priced at one cent for total gross proceeds of $123,000. Each unit comprised one common share and one-half common share purchase warrant with each warrant exercisable into a common share for a period of 24 months at an exercise price of five cents.

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.

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