Mr. David Tafel reports
CENTURION ANNOUNCES UPSIZING OF PRIVATE PLACEMENT
Centurion Minerals Ltd. has increased its previously announced non-brokered private placement financing from $300,000 to $620,000 due to strong investor demand.
The financing is structured as a five-cent unit, with each unit including one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the company at a price of 10 cents per share, valid for three years from the date of closing.
Financing proceeds are to be allocated for exploration, working capital and general corporate activities. Closing will be subject to TSX-V 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.
We seek Safe Harbor.
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