Centurion Minerals Engages Maison Placements for $2 Million Brokered Private Placement

Centurion Minerals Ltd. (TSX VENTURE:CTN) ("Centurion", "the Company") is
pleased to announce that it has engaged Maison Placements Canada Inc. to act as
the lead agent in a private placement of 5,000,000 Units priced at $0.40 for
total gross proceeds of $2,000,000. Each Unit will consist of one common share
and one half warrant. Each whole warrant will be exercisable for one common
share at $0.55 for a period of eighteen months following the closing. The agent
shall have the option to increase the size of the issue by up to 15%. 


Proceeds from this financing will be used for accelerating the exploration
program on the Company's Banda Raya project wherein significant gold assays from
samples were recently reported, and for general working capital purposes. The
offering is subject to the approval of the TSX Venture Exchange. 


ABOUT CENTURION 

Centurion Minerals Limited is an Indonesian-based, Canadian-headquartered
company focused on the exploration and development of gold, copper and other
precious metal projects in 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.