Centurion Announces Non-Brokered Private Placement
May 29 2013 - 4:47PM
Marketwired Canada
Centurion Minerals Ltd. (TSX VENTURE:CTN) ("Centurion", "the Company") announces
that it is arranging a non-brokered private placement of up to 7,200,000 Units
priced at $0.07 for total gross proceeds of up to $504,000. Each Unit will
consist of one common share and one half warrant. Each whole warrant will be
exercisable for one common share at $0.10 for a period of eighteen months
following the closing and will be subject to a four month hold period.
Proceeds from this financing shall be used to advance its Myanmar gold project
strategy previously announced (March 8 & 12, 2013), project exploration
activities and general corporate purposes. The financing is subject to the
approval of the TSX Venture Exchange and finders' fees may be paid.
ABOUT CENTURION
Centurion Minerals Limited is a Canadian-based company focused on the
exploration and development of gold and other precious metal projects in
Southeast Asia.
On Behalf of the Board,
David G. Tafel, President and CEO
This news release may contain forward looking statements concerning future
operations of Centurion Minerals Ltd. (the "Company"). All forward looking
statements concerning the Company's future plans and operations, including
management's assessment of the Company's project expectations or beliefs may be
subject to certain assumptions, risks and uncertainties beyond the Company's
control. Investors are cautioned that any such statements are not guarantees of
future performance and that actual performance and exploration and financial
results may differ materially from any estimates or projections.
FOR FURTHER INFORMATION PLEASE CONTACT:
Centurion Minerals Ltd.
(604) 484-2161
(604) 683-8544 (FAX)
info@centurionminerals.com
www.centurionminerals.com
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