Centurion Closes Second Tranche of Private Placement
October 29 2013 - 3:00PM
Marketwired Canada
Centurion Minerals Ltd. (TSX VENTURE:CTN) ("Centurion", "the Company") announces
that it has closed a second tranche of a non-brokered private placement in the
amount of $216,600 and issued 3,094,286 Units priced at $0.07. Each Unit
consists of one common share and one half warrant. Each whole warrant is
exercisable for one common share at $0.10 for a period of eighteen months and
will be subject to a four month hold period expiring in February 2014. Finders'
fees of $12,005 and 80,000 broker warrants exercisable for common shares at
$0.10 for a period of eighteen months have been paid.
Proceeds from this financing shall be used to advance its Myanmar gold project
strategy, current project exploration activities and general corporate purposes.
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
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
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.
David Tafel
President and CEO
604-484-2161
604-683-8544 (FAX)
info@centurionminerals.com
www.centurionminerals.com
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