Aldebaran Announces the Formation of Centauri Minerals and Completion of C$5.7 Million Seed Financing

Core Viewpoint - Aldebaran Resources Inc. has officially launched Centauri Minerals Inc., a spin-out company focused on exploration in Northern Argentina, and completed a private seed financing round of C$5.7 million to support its exploration programs and preparations for a public offering in 2026 [1][2]. Company Formation and Financing - Centauri Minerals is a Canadian subsidiary of Aldebaran, formed to acquire Aldebaran's Argentine projects, with Aldebaran receiving 40 million common shares (78.1%) of Centauri in exchange [6]. - The seed financing round involved the issuance of 11,380,000 shares at C$0.50 per share, raising a total of C$5.69 million [6]. Project Highlights - Centauri is focusing on copper, gold, and silver exploration across six projects covering over 43,000 hectares in Salta, Jujuy, and Catamarca provinces [3]. - The Rio Grande project has near-surface resources of 71 million tonnes at 0.30% Cu, 0.36 g/t Au, and 3.2 g/t Ag in the indicated category, and 41 million tonnes at 0.23% Cu, 0.28 g/t Au, and 2.8 g/t Ag in the inferred category [5]. - Aguas Calientes project features high concentrations of gold and silver along a 6 km strike length, with active drill permits [5]. Value to Shareholders - Aldebaran plans to distribute Centauri shares to its shareholders upon Centauri's go-public event, allowing them to maintain exposure to the Altar copper-gold project while gaining additional value through Centauri shares [4]. Management and Governance - Centauri is governed by a three-member board, including key figures from Aldebaran, and has formed an exploration advisory committee to guide its exploration programs [7]. - The company is actively seeking additional board members and management team members as it prepares for its public offering [8]. Next Steps and Priorities - Centauri aims to activate exploration and commercial programs immediately following the seed financing, with key initiatives including updating the NI 43-101 Technical Report for the Rio Grande project and building a management team with regional expertise [9][10].