Centenario Gold Announces Non-Brokered Private Placement

Centenario Gold Corp. (TSXV:CTG) has revealed plans for a non-brokered private placement involving up to 10,000,000 units at $0.02 each, aiming to raise $200,000. Each unit includes one common share and a warrant to purchase another at $0.06, valid for 24 months post-issuance.

Scheduled to close around May 15, 2025, the offering awaits TSX Venture Exchange approval. The proceeds will fund exploration, new resource evaluations, and administrative expenses.

Participation by certain directors and officers may classify the offering as a "related party transaction," falling under MI 61-101 guidelines. Additionally, existing shareholders, registered by April 15, 2025, may invest up to $15,000 annually under specific exemptions.

Centenario continues to explore prospects in Mexico and Canada, with a focus on mineral resource opportunities.