Centenera Reports AGM Results Announces $1 Million Common Share Offering

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[{"type":"text","content":"Centenera Reports AGM Results Announces $1 Million Common Share Offering(via Thenewswire.ca)\n \n \nVancouver, British Columbia / TheNewswire / June 9 2016 - Centenera Mining Corporation. (the \"Company\" or \"Centenera\") - (TSXV: CT), reports the results of its annual general meeting of shareholders held on June 8, 2016 in Vancouver, British Columbia. All the motions presented to the shareholders were approved (see the Company's amended and restated management information circular, dated May 4, 2016).\n\n \n \nVotes representing 35,492,342 shares were cast, representing 81.48% of the issued and outstanding shares at the record date. A summary of the meeting results are outlined below.\n\n \n\nMotion\n\n\n\n\nVotes for the Motion\n\n\n\n\nPercentage of Votes in Favour\n\n\n\n\nNumber of Directors (5)\n\n\n\n\n35,492,342\n\n\n\n\n100%\n\n\n\n\nKeith Henderson\n\n\n\n\n35,492,342\n\n\n\n\n100%\n\n\n\n\nHendrik van Alphen\n\n\n\n\n35,492,342\n\n\n\n\n100%\n\n\n\n\nCharles Straw\n\n\n\n\n34,887,818\n\n\n\n\n99.54%\n\n\n\n\nAnne Labelle\n\n\n\n\n35,492,342\n\n\n\n\n100%\n\n\n\n\nStephen Pearce\n\n\n\n\n35,492,342\n\n\n\n\n100%\n\n\n\n\nAppointment of Auditor\n\n\n\n\n35,492,342\n\n\n\n\n100%\n\n\n\n\nRatification and Approval of Stock Option Plan\n\n\n\n\n34,492,342\n\n\n\n\n99.71%\n\n\n \n \nCentenera also announces a non-brokered private placement (the \"Financing\") consisting of up to 7,900,000 common shares (the \"Shares\") at the price of $0.13 per Share, for gross proceeds of up to $1,027,000. In respect of certain subscribers, Centenera may pay finder's fees consisting of share purchase warrants equal to 7% of the Shares purchased and/or a cash payment equal to 7% of the gross proceeds raised, all in accordance with the policies of the TSX Venture Exchange (the \"TSX-V\"). Members of Centenera's management may participate in the Financing, but in no case shall more than 25% of the Financing be subscribed for by non-arm's length parties. Centenera intends to use the net proceeds of the Financing to fund general working capital requirements, due diligence on the recently announced El Quemado project in Salta Province, Argentina, as well as costs associated with assessment of mineral projects and potential acquisitions.\n\n \n \nCompletion of the Financing is subject to receipt of applicable regulatory approvals, including acce...

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