Centenario Gold Closes First Tranche of Private Placement
Vancouver, British Columbia — February 9, 2026 — Leads & Copy — Centenario Gold Corp. (TSXV: CTG) has closed the first tranche of its non‑brokered private placement, raising $1,189,500.
The First Tranche consisted of issuing 11,895,000 units at $0.10 per unit, the company said. Each unit comprised one common share and one-half non-transferable share purchase warrant. Each warrant allows the holder to purchase one additional share at $0.15 for 24 months from the issuance date.
The company announced it may pay finders’ fees to eligible finders, following securities laws and TSXV policies. The TSXV must still approve the Initial Tranche, and all securities issued under it will be subject to a statutory hold period expiring four months and one day from the closing date.
Cash finder’s fees of $72,800 were paid, and 728,000 broker warrants were issued to eligible finders. Specifically, Canaccord Genuity received $35,600 and 356,000 broker warrants, Ventum Financial received $20,000 and 200,000 broker warrants, Research Capital received $12,000 and 120,000 broker warrants, Haywood Securities received $4,000 and 40,000 broker warrants, and Raymond James received $1,200 and 12,000 broker warrants. Each broker warrant is exercisable to purchase one share at $0.15 and/or $0.10 for 24 months from the closing of the First Tranche.
Centenario intends to use the net proceeds from the First Tranche for general working capital and for exploration and evaluation of its Los Reyes copper gold project in Chihuahua, Mexico. These funds may also be used for activities on potential new resource projects.
While previous disclosure considered using offering proceeds to fund obligations relating to the Cabot Project option agreement dated December 18, 2025, the company cautioned that no proceeds from the First Tranche will be applied toward the Cabot acquisition unless Centenario receives all requisite TSXV approvals.
Centenario intends to close a second and final tranche of the Offering after receiving TSXV approval for the Cabot Project option. The proceeds from the second tranche are intended for the Cabot Project option and for general working capital purposes and additional resource project acquisitions. Any proposed acquisitions, including the Cabot acquisition, remain subject to TSXV review and approval.
In addition, the company has amended the terms of its option agreement with PNL Ventures Limited regarding the proposed acquisition of the Cabot Project, which relates to the Option Agreement dated December 18, 2025.
Under the amended terms, no issuance of shares under the Option Agreement shall be made if, after the issuance, PNL, any individuals listed as receiving option shares, or any of their affiliates would own, directly or indirectly, more than 9.99% of the company’s issued and outstanding shares. This is unless a Form 2A – Personal Information Form or Form 2C1 – Declaration has been filed with and cleared by the TSXV.
Centenario Gold Corp. is a mineral exploration company focused on acquiring, exploring, and developing high-potential mineral projects in the Americas, primarily focusing on gold, copper, and silver. The company is committed to responsible exploration and development.
Centenario Gold Corp. is listed on the TSX Venture Exchange and continues to evaluate new opportunities to expand its portfolio in Mexico and Canada.
“Douglas Fulcher”
President, CEO, Director
Source: Centenario Gold Corp.
Share this story:
