Centurion Reports Delay IN Filing Year-End Financials
NEWS RELEASE
CENTURION REPORTS DELAY IN FILING YEAR-END FINANCIALS
Vancouver, B.C., December 5, 2017 –Centurion Minerals Ltd. (“Centurion” or the “Company”)
(TSX V: CTN) wishes to announce that it has not been able to file the Company’s annual audited
financial statements and accompanying MD&A for the year ended July 31, 2017 (the “Required
Filings”) by the filing deadline of November 28, 2017 and, as such, is in default under applicable
securities legislation.
The delay in the timely completion of the audit has been primarily due to unforeseen
coordination and procedural difficulties involving the auditor’s review of the Company’s
Argentinian joint venture records. As the Argentinian audit is now well underway, Centurion
expects to be in a position to complete and file the Required Filings within 30 days.
Unfortunately, the Company was only notified of the audit issues immediately prior to the filing
deadline, which did not allow sufficient time for the preparation and filing of an application for
a management cease trade order.
Upon review of applicable securities legislation and after conferring with the British Columbia
Securities Commission (the BCSC), regarding the default, the BCSC can impose a cease trade
order that all trading in securities of the Company cease for such period of time as the Principal
Regulator may deem appropriate.
The Company also advises that it has postponed its Annual General Meeting, which was
scheduled to be held on January 12, 2018 (the “Postponed Meeting”). Shareholders are
advised to disregard any mailed documents they may receive in connection with the Postponed
Meeting.
ABOUT CENTURION
Centurion Minerals Ltd. is a Canadian-based company with an international focus on the
development of agri-mineral fertilizer projects. For additional information on the Ana Sofia
project and applications of agri-gypsum, visit our website: www.centurionminerals.com
ON BEHALF OF THE BOARD OF DIRECTORS
“David G. Tafel”
President and CEO
For Further Information Contact:
David Tafel
604-683-1991
Suite 520 - 470 Granville Street
Vancouver, BC Canada V6C 1V5
Tel: (604) 484-2161
Fax: (604) 683-8544
www.centurionminerals.com
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 and information (collectively, “forward -looking statements”) , within the meaning of
applicable securities laws, concerning future operations of Centurion, the current Board and management’s plans, next steps, and vision for the
Company. Although Centurion believes that the expectations reflected in such forward -looking statements are reasonable, such statements
involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied
in making forward -looking statements and all forward-looking statements concerning the Company’s future plans and operations, including
management’s assessment of the Company’s expectations or beliefs may be subject to certain assumptions, risks and uncertainti es beyond the
Company’s control. . Forward-looking statements are based on the beliefs, assumptions, opinions and expectations of Centurion’s management
at the time they are made. Actual results could differ materially from those anticipated in these forward -looking statements as a result of
numerous risks and uncertainties. Readers 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. Such statements include, among
others: 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; t he 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 genera l business, economic, competitive, political and social conditions Readers are
cautioned not to place undue reliance on forward-looking statements. The forward-looking statements contained herein are expressly qualified
by this cautionary statement and are made as of the date of this News Release. Centurion does not assume any obligation to update any forward-
looking statement or information should those beliefs, assumptions , opinions or expectations, or other circumstances change, except as required
by law.
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