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Centurion Minerals Ltd V.CTN

Centurion Minerals Ltd. is a Canadian based company with a focus on mineral asset exploration and development in the Americas. The Company is engaged in the acquisition, exploration, and development of mineral properties. Its geographic areas include Canada, and Argentina. The Company’s Casa Berardi West Gold Project consists of three properties (Newman, Noseworthy, and Hepburn) covering a total area of approximately 8453 hectares located in the Abitibi Greenstone belt. The Casa Berardi West Project is located approximately 100 kilometers east and northeast of the town of Cochrane, Ontario.


TSXV:CTN - Post by User

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Post by dotbombnoton Oct 03, 2009 3:17pm
314 Views
Post# 16359976

Centurion Minerals plans $350,000 placement at 25

Centurion Minerals plans $350,000 placement at 25

Centurion Minerals plans $350,000 placement at 25 cents

2009-10-02 18:24 ET - News Release

Mr. David Tafel reports

CENTURION ARRANGES PRIVATE PLACEMENT

Centurion Minerals Ltd. has arranged a non-brokered private placementof 1.4 million units priced at 25 cents for gross proceeds of $350,000.Each unit consists of one common share and one-half share purchasewarrant. Each whole warrant will be exercisable for one common share at33 cents for a period of two years from closing.

Proceeds from this financing will be used for general workingcapital purposes, due diligence of potential projects and to advanceexploration programs on the company's current properties.

We seek Safe Harbor.

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