|April 14, 2009|
Centurion Minerals Closes Private Placement
|Vancouver, B.C. April 14, 2009. Centurion Minerals Ltd. (CTN: TSX-V) ("Centurion" or "the Company") announces that it has closed a non-brokered private placement of 2,000,000 units priced at $0.05 per unit for gross proceeds of $100,000. Each Unit consists of one common share and one share purchase warrant. Each whole warrant will be exercisable for one common share at $0.10 for a period of two years from closing. |
All securities issued are subject to a four-month hold period ending August 10, 2009. Proceeds from this financing will be used for general corporate and working capital purposes.
ABOUT CENTURION MINERALS LTD.
Centurion is a Canadian-based company focused on the procurement, exploration, and development of gold and other precious metal properties in Canada and the Americas. The Company has an option to acquire up to a 60% interest in the Copper Prince Gold-Copper property in Sudbury, Canada.
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.
For Further Information Contact:
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.
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