Centram Exploration Ltd.

May 01, 2007 18:20 ET

Centram Receives $1 Million Through Exercise of Share Purchase Warrants

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 1, 2007) - Centram Exploration Ltd. ("Centram") (NEX:CNA.H) is pleased to announce that 10,100,000 common share purchase warrants have been exercised for proceeds of $1,010,000. The exercise of these share purchase warrants resulted in 10,100,000 common shares being issued. The share purchase warrants were set to expire on April 26, 2006.

The number of common shares outstanding in the share capital of Centram is 32,330,562.

Cautionary Language and Forward-Looking Statements

This press release may contain "forward-looking statements", which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Company's business are more fully discussed in the Company's disclosure documents filed from time to time with the Canadian securities authorities.

Shares Outstanding: 32,330,562

NEX/TSXV have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Centram Exploration Ltd.
    Richard Mark
    (604) 986-2020
    (604) 986-2021 (FAX)