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Financings

Centurion Announces Extension of Private Placement

By The Northwire Desk — AI Analysis Dec 08, 2025 · 16:37 CTN · 0.035 Centurion Minerals Ltd.
CTN · Price

Executive Summary

  • Centurion Minerals Ltd. announces an extension of the closing date for the second tranche of its non‑brokered private placement.
  • The first tranche closed on November 14, 2025, raising $207,500.
  • Units are priced at $0.05 each and consist of one common share plus one common share purchase warrant (exercise price $0.08, 36‑month term); finders’ warrants mirror subscriber warrants in price and expiry and are non‑transferable.

Key Details

  • First Tranche: Closed on November 14, 2025 with gross proceeds of $207,500.
  • Second Tranche: Closing date extended (exact new date not disclosed).
  • Unit Structure: Each unit = 1 common share + 1 warrant; price per unit $0.05.
  • Warrant Terms: Exercise price $0.08 per share, exercisable for 36 months from issuance.
  • Finders’ Warrants: Identical exercise price and expiry as subscriber warrants; non‑transferable.
  • Regulatory Condition: Financing subject to final acceptance by the TSX Venture Exchange.
  • Use of Proceeds: Not specified in this release (forward‑looking statements indicate proceeds will be used for corporate purposes).

Notable Quotes

“David G. Tafel, CEO and Director” – signature included; no direct quote provided.

Read the original news release →

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Financings