Mr. David Tafel reports

CENTURION COMPLETES $882,150 DEBT REDUCTION THROUGH SHARES FOR DEBT AND LOAN FORGIVENESS

Further to the news release dated May 22, 2026, Centurion Minerals Ltd. has completed a total debt reduction of $882,150.

The company has issued 5,533,333 common shares at a deemed price of 7.5 cents per share to settle $415,000 of outstanding debt, of which $335,000 was owed to two directors of the company.

In addition, the same two directors have forgiven a total of $467,150 in long-term loans originally advanced September, 2022. These combined transactions reduce the company's liabilities by $882,150.

David Tafel, director and chief executive officer, commented: "The reduction in balance sheet liabilities strengthens our financial position substantially. Additionally, the strategic exploration focus on Suriname, accompanied by the recent appointment of accomplished geologist, Dr. Dennis LaPoint as president, positions the company as an exciting emerging growth opportunity."

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.