Centurion Resources Plc: Acquisition of Copper Project and Admission to AIM

12 November 2012

Kerman & Co acted for Centurion Resources PLC (“Centurion”) in connection with the acquisition of its interest in the Mitterberg Copper Licences and the successful admission of its shares to trading on AIM (“Admission”). Centurion is a resource exploration and development company with copper assets in Austria.

Contemporaneously with Admission, the Company raised £1million to develop its assets and for use as general working capital.

Centurion Chief Executive Officer Alastair Clayton said, “The Mitterberg Copper Project is a highly prospective, previously operating high grade copper mine, located in an area of significant mineralisation in Austria. Exciting exploration upside is evident within the tenure offering Centurion the opportunity to create substantial value.”

Joan Yu, Partner, led the Kerman & Co Corporate team supported by David Tink.