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CTN.V ·

CENTURION ANNOUNCES ADDITIONAL SHARES FOR DEBT SETTLEMENTS Vancouver, B.C., May 12, 202 6 - Centurion Minerals Ltd. ( CTN: TSX -V) (" Centurion", or the "Company") wishes to announce that further to its news release dated May 07 whereby it had

NEWS RELEASE

CENTURION ANNOUNCES ADDITIONAL SHARES FOR DEBT SETTLEMENTS

Vancouver, B.C., May 12, 202 6 - Centurion Minerals Ltd. ( CTN: TSX -V) (" Centurion", or the

"Company") wishes to announce that further to its news release dated May 07 whereby it had

agreed to settle $335,000 in debt, it has executed agreements with two (arms-length) consultants

to settle $80,000 in outstanding debt. A total of $415,000 in debt is now proposed to be settled

by issuing 5,533,333 common shares valued at $0.0 75 per share. The Company determined it

prudent to satisfy the outstanding indebtedness with shares in order to preserve its cash for

operations.

The shares for debt transactions are subject to TSX Venture Exchange approval.

About Centurion Minerals Ltd.

Centurion Minerals Ltd. is a Canadian-based company with a focus on precious mineral asset

exploration and development in the Americas.

“David G. Tafel”

Chief Executive Officer

For Further Information Contact:

David Tafel

[email protected]

604-484-2161

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture

Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities

laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future

business activities and operating performance. Forward -looking information is often identified by the words “may”, “would”,

“could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and include s

information regarding: expectations for other economic, business, and/or competitive factors.

Investors are cautioned that forward -looking information is not based on historical facts but instead reflect the Company’s

management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and

estimates of management considered reasonable at the date the statements are made. Although the Company believes that the

expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and

undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects

on future results, performance or achievements of the Company. This forward -looking information may be affected by risks and

uncertainties in the business of the Company and market conditions.

Suite 520 - 470 Granville Street

Vancouver, BC Canada V6C 1V5

Tel: (604) 484-2161

Fax: (604) 683-8544

www.centurionminerals.com

[email protected]