CTN Class A Common Shares

Centurion Minerals Ltd. (TSX VENTURE:CTN) ("Centurion", "the Company") and GPM
Asia Limited ("GPM Asia"), a private mining company with operations in Southeast
Asia, are pleased to announce that they have entered into a Strategic Alliance
Agreement. The Strategic Agreement sets out the process pursuant to which
Centurion and GPM Asia will work together to negotiate acquisition and
development strategies with respect to specific projects in Myanmar and to
advance Centurion's Aceh, Indonesia projects. Centurion has identified certain
mining projects in Myanmar that it believes fit GPM Asia's strategic acquisition
parameters.


Under the terms of the Strategic Alliance Agreement, GPM Asia will make an
initial equity investment into Centurion by way of Private Placement for up to 5
million shares of the Company at a price of $0.10 per share, and will have the
right to nominate a representative to the Board of Directors. The placement is
subject to completion of due diligence and TSX Venture Exchange approval.


"The alliance with GPM Asia is a very unique opportunity for Centurion to expand
the Company's financial and operations management resources and extend its
interest into advanced development projects. GPM Asia's objective of expanding
its current Asian mining operations into Myanmar and Indonesia is also
enhanced," said Alfred Lenarciak, Centurion Chairman.


"We are excited to join efforts with Centurion in our expansion of mining
operations in Southeast Asia. Our new partner's expertise and experience in the
region will be instrumental in taking GPM Asia's development projects forward.
We are pleased to contribute our financial and management resources to enhance
our partnership's positions in Myanmar and Indonesia," said Siman Povarenkin,
GPM Asia's founder and shareholder.


ABOUT GPM ASIA

GPM Asia http://www.gpm.asia is one of Vietnam's leading heavy minerals
producers specializing in mining and processing minerals since 2007. The
Company's operations and assets are based in Vietnam. Mining, processing and
upgrading operations are located in Binh Thuan province, known to have the
largest mineral sands deposits in the country.


GPM Asia is affiliated with shareholders of GeoProMining Group ("GPM Group").
GeoProMining Group www.geopromining.com is an international, diversified metals
resource company with mining operations in multiple countries. The GPM Group
produced approximately 290,000 ounces of gold equivalent in 2011 and has a
management team comprised of internationally experienced exploration, mining,
operational and financial experts. The GPM Group aims to build on existing
operations through brownfield expansion, greenfield exploration, new mine
development and resource expansion.


ABOUT CENTURION

Centurion Minerals Limited is a Canadian-based company focused on the
exploration and development of gold and other precious metal projects in
Southeast Asia.


On Behalf of the Board,

David G. Tafel, President and CEO

This news release may contain forward looking statements concerning future
operations of Centurion Minerals Ltd. (the "Company"). All forward looking
statements concerning the Company's future plans and operations, including
management's assessment of the Company's project expectations or beliefs may be
subject to certain assumptions, risks and uncertainties beyond the Company's
control. Investors are cautioned that any such statements are not guarantees of
future performance and that actual performance and exploration and financial
results may differ materially from any estimates or projections.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Centurion Minerals Limited
David Tafel
President and CEO
604-484-2161
604-683-8544 (FAX)
info@centurionminerals.com
www.centurionminerals.com

Class A (TSXV:CTN)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

Class A (TSXV:CTN)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024