07:27 AM EDT, 07/06/2026 (MT Newswires) -- Aldebaran Resources ( ADBRF ) spinout company Centauri Minerals is seeking to raise up to C$25 million through concurrent brokered and non-brokered private placements, Aldebaran said Monday.

Centauri launched a brokered private placement of up to 17 million subscription receipts priced at C$1.00 each for gross proceeds of up to C$17 million.

Centauri also granted the agents an option to sell up to an additional C$3 million of subscription receipts at the same price and on the same terms.

Concurrent with the brokered offering, Centauri plans to complete a non-brokered private placement of up to 8 million subscription receipts on the same terms for gross proceeds of up to C$8 million.

Centauri plans to use the net proceeds to advance exploration at the Rio Grande gold-copper project in Argentina, explore and advance other portfolio assets, and for general corporate purposes.