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Financings

Centurion arranges $250,000 private placement

By The Northwire Desk — AI Analysis Oct 22, 2025 · 20:43 CTN · 0.015 Centurion Minerals Ltd.
CTN · Price

Executive Summary

  • Centurion Minerals Ltd. announced a non‑brokered private placement for up to $250,000 at $0.05 per unit.
  • Each unit includes one common share and one warrant (exercisable at $0.08 for three years).
  • Proceeds will be used for exploration, working capital and general corporate purposes; closing subject to TSX Venture Exchange approval and a four‑month hold period on issued shares.

Key Details

  • Financing amount: Up to $250,000.
  • Price per unit: $0.05.
  • Unit composition: 1 common share + 1 common share purchase warrant.
  • Warrant terms: Exercise price $0.08 per share; exercisable for 3 years from closing.
  • Use of proceeds: Exploration activities, working capital, and general corporate activities.
  • Closing conditions: Subject to TSX Venture Exchange approval; issued shares subject to a four‑month hold period.

Notable Quotes

(No quotes provided in the release.)

Read the original news release →

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