Centor Energy, Inc. (OTCBB:CNTO) announced a private placement of a convertible promissory note for gross proceeds of $1,250,000 on January 29, 2014. The transaction will include participation from Fortuitus Investments, Inc. The note bears a simple interest at the rate of 10% per annum and is convertible into common shares of the company. The note will mature on December 31, 2014.

On January 29, 2014, Centor Energy, Inc. closed the transaction.