CENTAURUS ENERGY INC - $CTARF STOCK NEWS

Centaurus Energy Inc. announces a new capital allocation strategy focusing on Ether cryptocurrency, with CEO David D. Tawil extending up to USD 1,500,000 to the company. The strategy aims to maximize shareholder value by investing in Ether as the primary treasury reserve asset, reflecting a shift from traditional commodities to digital assets. Centaurus will benefit from its passive royalty interest in a petroleum block in Argentina, reducing expenses and seeking higher returns through Ether investments. The CEO's background in cryptoassets hedge funds adds credibility to the strategic shift, with the company already initiating Ether purchases. The capital investment agreement with the CEO involves a loan providing capital at competitive terms, emphasizing long-term value creation for shareholders in Canada and the United States. The investment in Ether is justified by its potential as a valuable cryptocurrency, powering smart contracts and decentralized applications, with Centaurus recognizing it as a superior investment asset over cash. The company plans to explore yield-earning opportunities on its Ether holdings, leveraging the unique properties of Ether for long-term returns.