|January 22, 2015|
Centurion Announces Non-Brokered Private Placement
|Vancouver, B.C., January 22, 2015. Centurion Minerals Ltd. (CTN: TSX-V) ("Centurion", "the Company") announces that it has arranged a non-brokered private placement of up to 5,000,000 Units priced at $0.05 for total gross proceeds of up to $250,000. Each Unit will consist of one common share and one warrant. Each warrant will be exercisable for one common share at $0.10 for a period of two years 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, 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.
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
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.
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