Hong Kong - Century Global Commodities Corporation ('Century' or the 'Company') (TSX: CNT) is pleased to announce that it has filed its condensed consolidated interim financial statements for the second fiscal quarter ended September 30, 2023 and the related management discussion and analysis ('MD&A').

Copies of these documents are available under Century's SEDAR+ profile at www.sedarplus.ca and will also be posted on Century's website at www.centuryglobal.ca. As of September 30, 2023, the Company had net working capital of $7.0 million, consisting of unrestricted free cash, bank deposits and marketable securities totaling $5.6 million, together with accounts receivables and other current assets of $4.0 million, less accounts payable and other current liabilities of $2.6 million.

ABOUT CENTURY

Century Global Commodities Corporation (TSX:CNT) is primarily a resource exploration and development company with a large portfolio of multi-billion tonne iron ore projects in Canada, mostly discovered by its own exploration team. It has other non-ferrous metals properties under exploration as well as a wellestablished food distribution business (Century Food) in Hong Kong

The Joyce Lake Direct Shipping Iron Ore Project Joyce Lake, our most advanced project, is an open pit direct shipping iron ore project in Newfoundland and Labrador, close to the town of Schefferville, Quebec which is serviced by a rail link directly to ocean shipping iron ore ports at Sept-Iles. The Project has completed an updated feasibility study in 2022 and is undergoing environmental assessment. Joyce Lake is held in a special purpose vehicle, Joyce Direct Iron Inc. ('JDI'), in which Century owns 91.6%.

Contact:

Tel: 416-977-3188

Email: IR@centuryglobal.ca

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