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VANCOUVER, BC--(Marketwired - October 23, 2015) - Centurion Minerals Ltd. (TSX VENTURE: CTN) ("Centurion", "the Company") announces that it is proposing to consolidate its shares outstanding on a 5 for 1 basis. Particulars of the share consolidation to be voted on by shareholders at the Company's AGM being held October 27, 2015, have been outlined in a special resolution in the Company's recently distributed Information Circular. The company currently has 64,070,264 common shares issued and outstanding. Subject to shareholder approval and exchange acceptance, the resulting post consolidation shares outstanding would be 12,814,052. The exercise price and number of common shares issuable pursuant to all outstanding stock options and warrants will also be adjusted in accordance with the consolidation ratio. |
