Centurion Announces Non-Brokered Private Placement

Centurion Minerals Ltd. (TSX VENTURE:CTN) ("Centurion", "the Company") announces
that it has arranged a non-brokered private placement of up to 2,500,000 Units
priced at $0.30 for total gross proceeds of up to $750,000. Each Unit will
consist of one common share and one half warrant. Each whole warrant will be
exercisable for one common share at $0.50 for a period of eighteen months
following the closing and will be subject to a four month hold period.


Drilling on the Company's Banda Raya property located in Northern Sumatra,
Indonesia is underway and proceeds from this financing will be used to finance
this program and for general working capital purposes. 


This offering is subject to the approval of the TSX Venture Exchange. 

ABOUT CENTURION 

Centurion Minerals Limited is a Canadian-based company focused on the
exploration and development of gold and other precious metal projects in
Northern Sumatra, Indonesia. 


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.