Centurion Closes $136,857 First Tranche of Private Placement
(firmenpresse) - Centurion Closes $136,857 First Tranche of Private Placement
Vancouver, B.C., September 7, 2016. Centurion Minerals Ltd. (CTN: TSX-V) (Centurion, or the Company) is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement and issued 1,955,112 Units priced at $0.07 for total gross proceeds of $136,857. Each Unit consists of one common share and one 2-year common share purchase warrant. Each warrant will be exercisable for one common share at $0.12 for the first year and at $0.15 for the second year following the closing. The shares will be subject to a 4-month hold period expiring in January 2017. Finders fees of $6,860 and 21,000 broker warrants (having the same terms as the placees) have been paid.
Proceeds from this financing shall be used to advance the Ana Sofia project to pilot plant stage and for general corporate purposes.
ABOUT CENTURION
Centurion Minerals Ltd. is a Canadian-based company with an international focus on the exploration and development of gold and agri-mineral projects.
On Behalf of the Board,
-David G. Tafel
-- President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
--
For Further Information Contact:
David Tafel
President and CEO
604-484-2161
Centurion Minerals Ltd.
Suite 520 - 470 Granville Street
Vancouver, BC Canada V6C 1V5
Tel: (604) 484-2161
Fax: (604) 683-8544
www.centurionminerals.com
info(at)centurionminerals.com
-This news release may contain forward looking statements concerning future operations of Centurion Minerals Ltd. (the Company). All forward looking statements concerning the Companys future plans and operations, including managements assessment of the Companys project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Companys control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections.
Leseranfragen:
Datum: 08.09.2016 - 08:01 Uhr
Sprache: Deutsch
News-ID 493434
Anzahl Zeichen: 2467
contact information:
Town:
Wien
Kategorie:
Business News
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