---
title: "Centerra Gold buys 4,038,647 Azimut Exploration shares for C$2.42 million in private placement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296479162.md"
description: "Centerra Gold acquired 4,038,647 Azimut Exploration shares via a non-brokered private placement at C$0.60 per share, totaling C$2.42 million. This purchase increased Centerra's stake to 13,973,647 shares, raising its ownership interest from 9.84% to 12.67%. The transaction includes an amended investor rights agreement granting pro rata participation in future issuances up to a 15% cap. Shares were bought for investment purposes."
datetime: "2026-08-20T11:03:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296479162.md)
  - [en](https://longbridge.com/en/news/296479162.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296479162.md)
generator: "portal-rs"
---

# Centerra Gold buys 4,038,647 Azimut Exploration shares for C$2.42 million in private placement

-   Centerra Gold bought 4,038,647 Azimut Exploration shares in a non-brokered private placement at C$ 0.6 per share. \* Total consideration was C$ 2.42 million. \* Stake rose to 13,973,647 shares from 9,935,000 shares, lifting ownership to 12.67% from 9.84%. \* Amended investor rights agreement allows pro rata participation in future issuances, including top-ups, up to a 15% ownership interest. \* Shares were acquired for investment purposes; additional purchases or sales remain possible based on market conditions and strategic priorities. 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. Centerra Gold Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608200700PRIMZONEFULLFEED9813274) on August 20, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**