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Centurion Announces Additional Shares for Debt Settlements
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2026) - Centurion Minerals Ltd. (TSXV:&#x...
About this update from Centurion Minerals Ltd.
[{"type":"text","content":"Centurion Announces Additional Shares for Debt SettlementsVancouver, British Columbia--(Newsfile Corp. - May 12, 2026) - Centurion Minerals Ltd. (TSXV: CTN) (\"Centurion\", or the \"Company\") wishes to announce that further to its news release dated May 07 whereby it had agreed to settle $335,000 in debt, it has executed agreements with two (arms-length) consultants to settle $80,000 in outstanding debt. A total of $415,000 in debt is now proposed to be settled by issuing 5,533,333 common shares valued at $0.075 per share. The Company determined it prudent to satisfy the outstanding indebtedness with shares in order to preserve its cash for operations. The shares for debt transactions are subject to TSX Venture Exchange approval.About Centurion Minerals Ltd.Centurion Minerals Ltd. is a Canadian-based company with a focus on precious mineral asset exploration and development in the Americas. \"David G. Tafel\" Chief Executive OfficerFor Further Information, Contact:David [email protected] 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 Note Regarding Forward-Looking InformationThis press release contains statements which constitute \"forward-looking information\" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words \"may\", \"would\", \"could\", \"should\", \"will\", \"intend\", \"plan\", \"anticipate\", \"believe\", \"estimate\", \"expect\" or similar expressions and includes information regarding: expectations for other economic, business, and/or competitive factors.Investors are cautioned that forward-looking information is not based on historical facts but instead reflect the Company's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable...