Centurion Announces Fully Subscribed $1,000,000 Private Placement

About this update from Centurion Minerals Ltd.

Vancouver, British Columbia--(Newsfile Corp. - June 23, 2026) - Centurion Minerals Ltd. (TSXV: CTN) ("Centurion", or the "Company") wishes to announce it has arranged a (fully subscribed) non-brokered private placement offering of 19,047,619 Units priced at $0.0525 for proceeds of $1,000,000. Each Unit consists of one common share and one common share purchase warrant. Each warrant will be exercisable at $0.10 for one common share of the Company for a period of 3 years from closing. Financing proceeds are to be allocated for ongoing exploration, working capital and general corporate activities. Closing is subject to final TSX-V Exchange approval. The common shares and warrants are subject to a statutory four-month hold period from the date of issuance. In addition, the private placement subscribers have agreed to a contractual 12-month hold period from the time of closing. 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"President and CEO For Further Information Contact:David [email protected] 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. Cautionary Note Regarding Forward-Looking Information This 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 futur...

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