Centurion Increases Private Placement
NEWS RELEASE
CENTURION INCREASES PRIVATE PLACEMENT
Vancouver, B.C., July 19 , 2017. Centurion Minerals Ltd. (CTN: TSX -V) (“Centurion”, or the
“Company”) reports that its previously announced $200,000 non-brokered private placement has
been oversubscribed and the Company has increased it to up to $350,000. Each Unit is priced at
$0.05 and consists of one common share and one 2-year common share purchase warrant. Each
warrant will be exercisable for one common share at $0.10 for the first year and at $0.15 for the
second year following the closing. Closing is subject to TSX Venture Exchange approval and any
shares issued will be subject to a four-month hold period.
Proceeds from this financing shall be used by the Company as operating expenses for the Ana
Sofia, Argentina agri-gypsum plant 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 agri-mineral and precious mineral projects.
On Behalf of the Board,
“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.
This news release contains forward looking statements concerning future operations of Centurion Minerals Ltd. (the “Company”).
All forward-looking statements concerning the Company’s future plans and operations, including management’s assessment of
the Com pany’s project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the
Company’s control. Investors are cautioned that any such statements are not guarantees of future performance and that actual
performance and ex ploration and financial results may differ materially from any estimates or projections. Such statements
include, among others: possible variations in mineralization, grade or recovery rates; actual results of current exploration
activities; actual results of reclamation activities; conclusions of future economic evaluations; changes in project parameters as
plans continue to be refined; failure of equipment or processes to operate as anticipated; accidents and other risks of the mining
industry; delays and other risks related to construction activities and operations; timing and receipt of regulatory approvals of
operations; the ability of the Company and other relevant parties to satisfy regulatory requirements; the availability of financing
for proposed transactions, programs and working capital requirements on reasonable terms; the ability of third -party service
providers to deliver services on reasonable terms and in a timely manner; market conditions and general business, economic,
competitive, political and social conditions. It is important to note that the information provided in this news release is preliminary
Suite 520 - 470 Granville Street
Vancouver, BC Canada V6C 1V5
Tel: (604) 484-2161
Fax: (604) 683-8544
www.centurionminerals.com
in nature. The Company’s Ana Sofia project has not been the subject of a feasibility study and as such there is no certainty that a
potential mine will be realized or that the processing facility will be able to produce a commercially marketable product. The re
is a significant risk that any production from the project will not be profitable with these risks elevated by the absence of a
compliant NI 43-101 feasibility study. A mine production decision that is not based on a feasibility study demonstrating economic
and technical viability does not provide adequate disclosure of the increased uncertainty and specific risks of failure assoc iated
with such a production decision. The work carried out to date is of a preliminary nature to assist in the determination as t o
whether the mineral product is suitable for sale and if there are markets for the mineral product. The Company has undertaken
market research and studies to try to mitigate these risks. General risks inherent in the Project include the reliance on av ailable
data and assumptions and judgments used in the interpretation of such data, the speculative and uncertain nature of exploration
and development costs, capital requirements and the ability to obtain financing, volatility of global and local economic climates,
share price volatility, estimated price volatility, changes in equity markets, exchange rate fluctuations and other risks involved in
the mineral exploration and development industry. There can be no assurance that a forward-looking statement or information
referenced herein will prove to be accurate, as actual results and future events could differ materially from tho se anticipated in
such statements or information. Accordingly, readers should not place undue reliance on forward- looking statements or
information. We undertake no obligation to reissue or update any forward-looking statements or information except as required
by law.