Centurion Minerals Ltd. announced a private placement of 10,000,000 units at a price of CAD 0.02 per unit for the gross proceeds of CAD 200,000 and 7,500,000 flow-through shares at a price of CAD 0.02 per share for the gross proceeds of CAD 150,000; for aggregate gross proceeds of CAD 350,000 on November 9, 2023. Each unit will consist of one common share and one-half share purchase warrant. Each full warrant shall have a term of 24 months commencing on the closing date and shall entitle the holder to purchase one common share at a price of CAD 0.05 during the first year and CAD 0.10 during the second year.

Closing will be subject to TSX-V Exchange approval, and any shares issued will be subject to a four-month hold period.