Centurion Minerals Ltd. announced a non-brokered private placement of 37,500,000 units at a price of CAD 0.02 per unit for gross proceeds of up to CAD 750,000 on January 30, 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.

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