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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 7, 2013) - Centurion Minerals Ltd. (TSX VENTURE:CTN) ("Centurion", "the Company") announces that it has closed a first tranche of a non-brokered private placement, in the amount of 1,566,429 Units priced at $0.07. Each Unit consists of one common share and one half warrant. Each whole warrant is exercisable for one common share at $0.10 for a period of eighteen months and will be subject to a four month hold period expiring in December 2013. Finders' fees of $840 and 8000 broker warrants exercisable for common shares at $0.10 for a period of eighteen months have been paid. The Company intends to close one or more additional tranches to complete its previously announced financing of up to 7,200,000 Units. |
