Mr. David Tafel reports
CENTURION CLOSES SECOND AND FINAL TRANCHE OF PRIVATE PLACEMENT
Further to the news releases (Oct. 22, 2025, Nov. 14, 2025, and Dec. 8, 2025), Centurion Minerals Ltd. has closed a second and final tranche of its previously announced non-brokered private placement and issued 1.05 million units priced at five cents per unit for proceeds of $52,500. (The company has issued a total of 5.2 million units and raised gross proceeds of $260,000 in this private placement.) Each unit is composed of one common share in the capital of the company and one common share purchase warrant. Each warrant is exercisable into a common share for a period of 36 months at an exercise price of eight cents.
Financing proceeds are being allocated for working capital and general corporate activities. The shares will be subject to a four-month hold period expiring on May 23, 2026. Finders' fees being paid are $4,200 in cash and 84,000 broker warrants (the company has paid a total of $16,200 and issued 324,000 broker warrants related to this placement). Each broker warrant is non-transferable and exercisable into a common share for a period of 36 months at an exercise price of eight cents. No insiders participated in the second tranche closing. The private placement was carried out pursuant to prospectus exemptions of applicable securities laws and is subject to final acceptance by the TSX Venture Exchange.
About Centurion Minerals Ltd.
Centurion is a Canadian-based company with a focus on precious mineral asset exploration and development in the Americas.
We seek Safe Harbor.
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