Centurion Announces Effective Date of Share Consolidation
NEWS RELEASE
CENTURION ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION
Vancouver, B.C. – June 30, 2022 – Centurion Minerals Ltd. (TSX-V: CTN) (the “Company”) announces that
the consolidation of its common shares will become effective July 6, 2022, and all common shares will be
consolidated on a 2:1 basis, such that for every 2 common shares presently held, shareholders will receive
1 post-consolidated common share.
Centurion currently has 33,639,473 common shares outstanding which will, on a post-consolidation basis,
result in approximately 16,819,736 common shares outstanding. There are no stock options or warrants
outstanding and the Company’s name and trading symbol will remain the same.
The Company’s new CUSIP # is: 15643T404 and the ISIN # is: CA 15643T4046.
A Letter of Transmittal will be mailed to registered shareholders holding physical certificates by the
Company’s transfer agent, Endeavor Trust Company, advising that the consolidation has taken effect and
those s hareholders should surrender their existing common share certificates, for new (post -
consolidation) common share certificates. No fractional common shares of the Company shall be issued
in connection with the consolidation and the number of common shares to be received by a shareholder
shall be rounded down to the nearest whole number of common shares.
Centurion will apply to the TSXV Exchange for a resumption of trading as a mineral exploration issuer
following its Annual General and Special meeting to be held on August 12, 2022.
ABOUT CENTURION
Centurion Minerals Ltd. is a Canadian-based company with a focus on mineral asset development in the
Americas. The Company’s lead investment is its interest in the Ana Sofia Agri -Gypsum Fertilizer Project,
and it is also reviewing additional prospective, precious mineral exploration projects.
“David G. Tafel”
President and CEO
For Further Information Contact:
David Tafel
604-484-2161
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.
Cautionary Statement Regarding Forward-Looking Information
All statements, trend analysis and other information contained in this press release about anticipated
future events or results constitute forward -looking statements. Forward-looking statements are often,
Suite 520 - 470 Granville Street
Vancouver, BC Canada V6C 1V5
Tel: (604) 484-2161
Fax: (604) 683-8544
www.centurionminerals.com
but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”,
“expect” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might”
occur or be achieved and other similar expressions. All statements, other than statements of h istorical
fact, included herein, including, without limitation, statements regarding, the completion of the
Arrangement, the Meeting, the Final Order hearing of the Court, the anticipated benefits of the
Arrangement, the Company’s plan to develop its busin ess and provide Shareholders with additional
investment choices and enhanced value, the Company's plans to complete the Consolidation and the
Company's plans to apply to the TSX -V for a resumption of trading as a mineral exploration issuer
following the Me eting are forward -looking statements. Although the Company believes that the
expectations reflected in such forward -looking statements and/or information are reasonable, undue
reliance should not be placed on forward-looking statements since the Company can give no assurance
that such expectations will prove to be correct. These statements involve known and unknown risks,
uncertainties and other factors that may cause actual results or events to differ materially from those
anticipated in such forward -looking statements, including the risks, uncertainties and other factors
identified in the Company’s periodic filings with Canadian securities regulators, and assumptions made
with regard to: the Company’s ability to complete the proposed Arrangement on the ter ms and
conditions contemplated, or at all; the Companies' ability to secure the necessary shareholder, Court and
regulatory approvals required to complete the Arrangement; the estimated costs associated with the
Arrangement; the timing of the Meeting, the Final Order hearing and the Arrangement, and the general
stability of the economy and the industry in which the Company operates . Forward-looking statements
are subject to business and economic risks and uncertainties and other factors that could cause ac tual
results of operations to differ materially from those contained in the forward -looking statements.
Important factors that could cause actual results to differ materially from the Company expectations
include risks associated with the business of the C ompany; risks related to the satisfaction or waiver of
certain conditions to the closing of the Arrangement; non-completion of the Arrangement; risks related
to the Company failing to obtain the requisite shareholder approval required for the Arrangement; risks
relating the number of dissenting shareholders requiring fair value for their securities in connection with
the Arrangement; risks related to exploration and potential development of the Company projects;
business and economic conditions in the minin g and cannabis industries generally; fluctuations in
commodity prices and currency exchange rates; the need for cooperation of government agencies and
native groups in the issuance of required permits; the need to obtain additional financing to develop
properties, or cannabis -related assets, and uncertainty as to the availability and terms of future
financing; and other risk factors as detailed from time to time and additional risks identified in the
Company filings with Canadian securities regulators on SEDAR in Canada (available at www.sedar.com).
Forward-looking statements are based on estimates and opinions of management at the date the
statements are made. The Company does not undertake any obligation to update forward -looking
statements except as required by applicable securities laws. Investors should not place undue reliance on
forward-looking statements.