Centurion Announces $300,000 Private Placement

• Centurion Minerals Ltd. announced a $300,000 non-brokered private placement on April 16, 2026.
• Units priced at $0.05 each, consisting of one common share and one warrant exercisable at $0.10 for three years.
• Proceeds designated for exploration, working capital, and general corporate activities.
• Shares subject to a four-month hold period pending TSX-V approval.
• This follows the March 26, 2026 announcement of an Option Agreement for the Limestone Gold Project in Suriname.

• The financing is incremental rather than transformative; $300,000 is a small capital raise relative to typical junior mining exploration budgets but sufficient for immediate operational continuity.
• Placement price ($0.05) trades at a discount to the recent market close ($0.06), indicating standard private placement terms but reflecting underlying stock weakness or liquidity needs.
• The timing aligns with the new Limestone Gold Project acquisition, suggesting capital is required to fund the initial cash payments and exploration spend outlined in the March agreement.
• Given the history of frequent financings (every 2-4 months since April 2025), this event was anticipated by the market rather than being a surprise catalyst.
• Insider participation remains consistent with previous tranches, signaling management confidence but also highlighting related-party transaction risks common in small-cap financings.

• Centurion Minerals is a junior exploration company focused on precious minerals in the Americas.
• Flagship Project: Limestone Gold Project, Suriname. A 3,548 ha concession in the Marowijne Greenstone Belt adjacent to Zijin's Rosebel and Saramacca mines.
• Previous Focus: Casa Berardi Property Option Agreement (Ontario) was terminated to re-allocate resources to Suriname.
• Exploration Team: Led by Dr. Dennis J. LaPoint, Ph.D., P.Geo., with over 26 years of experience in Suriname and involvement in the Newmont Merian Mine discovery.
• Strategic Shift: Moving from Canadian assets to South American jurisdiction, which introduces different regulatory and geopolitical risks but offers proximity to world-class mines.