Centurion Minerals signs LOI to buy 80% of Brothers Gold Project in Suriname

Reuters2026/08/24 18:32

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Centurion Minerals signed an Aug. 19, 2026 LOI to option an 80% interest in the 9,600-hectare Brothers Gold Project, Suriname.
Consideration includes staged cash of US$6.75 million over five years, including US$200,000 at closing.
Mega Bond would also receive US$2 million in Centurion common shares over four years, capped at 19.9% ownership.
Centurion would fund US$18 million of project expenditures over five years.
Concession owners retain a 2% NSR royalty, buyable by Centurion for a one-time US$5 million payment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Centurion Minerals Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608241432NEWSFILECNPR____20260824_311148_1) on August 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Centurion Minerals signs LOI to buy 80% of Brothers Gold Project in Suriname

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