Vancouver, British Columbia--(Newsfile Corp. - January 8, 2016) - Centurion Minerals Ltd. (TSXV: CTN) ("Centurion", "the Company") is pleased to announce that it has entered into share for debt settlement agreements with various creditors to settle up to $348,353 in outstanding debt. Subject to exchange approval, the Company will issue 3,483,530 valued at $0.10 per share. The shares will be subject to a four month escrow hold period.
ABOUT CENTURION
Centurion Minerals Limited is a Canadian-based company with an international focus on the exploration and development of gold and other mineral projects.
On Behalf of the Board,
"David G. Tafel"
President and CEO
For Further Information:
David Tafel
Director
604-683-1991
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies ofthe 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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