Century Announces Results of 2019 Shareholder Meeting
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THE UNITED STATES OR TO U.S. NEWS AGENCIES
For Immediate Release TSX: CNT
CENTURY ANNOUNCES RESULTS OF 2019 SHAREHOLDER MEETING
Toronto, Canada, September 20, 2019 – Century Global Commodities Corporation (“ Century” or the
“Company”) is pleased to announce the results of the 2019 Annual General Meeting of shareholders that was
held on September 19, 2019 in Hong Kong, China.
The Company is pleased to report that, as in prior years, a very high shareholder response was achieved, with
84.026% of Century’s outstanding shares having been voted at the meeting. At that meeting, the
shareholders:
• set the size of the Board of Directors at eight members;
• elected the Board of Directors; and
• re-appointed PricewaterhouseCoopers LLP as the Company’s auditors for the upcoming year.
Number of Directors
The number of directors of the Company for the ensuing year was confirmed as and set at eight (8) . The
voting results on this matter are as follows:
Setting the Number of Directors at 8
FOR 82,336,742 99.991%
AGAINST 7,150 0.009%
ABSTAINED 0 0%
Election of Directors
Century is pleased to announce that its shareholders accepted management’s nominations for election to the
Company’s Board of Directors with overwhelming support. Gloria Wong, who has served as an alternate
director for Ben Koon (David) Wong, will serve on the Company’s Board of Directors as a newly elected
director until the Company’s next annual meeting of shareholders . All of the other nominees served as
directors of the Company prior to the meeting and were re-elected as directors of the Company until t he
Company’s next annual meeting of shareholders. The voting results on the election of directors are as follows:
Election of Directors
Director FOR AGAINST ABSTAINED
Sandy Chim 82,116,711 99.724% 227,181 0.276% 0 0%
Gloria Wong 82,238,742 99.872% 105,150 0.128% 0 0%
Hua Bai 82,114,711 99.722% 229,181 0.278% 0 0%
Howard Bernier 82,338,742 99.994% 5,150 0.006% 0 0%
Yiyan Chen 82,114,711 99.722% 229,181 0.278% 0 0%
Pengfeng Zhu 82,114,711 99.722% 229,181 0.278% 0 0%
Jiong Hui Wang 82,236,742 99.870% 107,150 0.130% 0 0%
Kit Ying (Karen) Lee 82,236,742 99.870% 107,150 0.130% 0 0%
Re-appointment of Auditors
At the meeting, the Company’s shareholders also re -appointed PricewaterhouseCoopers LLP , Chartered
Accountants, as auditors of the Company for the 2019-2020 financial year. The voting results on this matter
are as follows:
Re-appointment of Auditors
FOR 82,769,792 100.000%*
AGAINST 50 0.000%*
ABSTAINED 0 0%
* % results rounded to 0.000%.
About Century
Century Global Commodities Corporation (TSX:CNT) is building shareholder value through existing and
entrepreneurial business units that meet continuing and growing demand from China, the largest market in
human history.
Iron Ore
With Baowu and Minmetals, both Global Fortune 500 companies, as Chinese strategic partners, Century owns
one of the largest iron ore mineral resource bases in the world, across five projects in Quebec and
Newfoundland and Labrador. Joyce Lake, a direct shipping iron ore (“DSO”) project in Newfoundland and
Labrador, is our most advanced project. It has completed feasibility and permitting studies and can be brought
to production within approximately 30 month s. We are maintaining our properties ready for advancement
after a return to sustained higher iron ore prices.
Base and Precious Metals
Century is monitoring investment and acquisition opportunities in the base and precious metals sector. When
the right opportunity presents itself, our liquid balance sheet will allow us to invest or acquire cost -effective
assets during the low base and precious metal price cycle, positioning ourselves for gains when the market
improves. To that end, Century Metals Inc., now listed on TSX-V under the ticker symbol CMET, was created
and spun out to provide more flexibility for execution.
Quality Food Services
Quality food products sourced from advanced countries are in great demand from the quickly-growing middle
class in China. The emphasis is on the need for safe, high -quality food products. Century has established a
professional marketing team and built a distribution system to serve Hong Kong.
For further information please contact:
Sandy Chim, President & CEO
Century Global Commodities Corporation
416-977-3188
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
THIS PRESS RELEASE CONTAINS “FORWARD-LOOKING INFORMATION” WITHIN THE MEANING OF CANADIAN
SECURITIES LEGISLATION. THE FORWARD -LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE
REPRESENTS THE EXPECTATIONS OF CENTURY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY,
IS SUBJECT TO CHANGE AFTER SUCH DATE. FORWARD -LOOKING INFORMATION INCLUDES INFORMATION
THAT RELATES TO, AMONG OTHER THINGS, CENTURY’S INTENTION TO EVALUATE PROSPECTIVE
TRANSACTIONS ARISING FROM THE REVIEW BY CENTURY OF ITS STRATEGIC OPTIONS AND ITS AVAILABLE
WORKING CAPITAL. FORWARD-LOOKING INFORMATION IS BASED ON, AMON G OTHER THINGS, OPINIONS,
ASSUMPTIONS, ESTIMATES AND ANALYSES THAT, WHILE CONSIDERED REASONABLE BY CENTURY AT THE
DATE THE FORWARD-LOOKING INFORMATION IS PROVIDED, ARE INHERENTLY SUBJECT TO SIGNIFICANT RISKS,
UNCERTAINTIES, CONTINGENCIES AND OTHER FACTORS THAT MAY CAUSE ACTUAL RESULTS AND EVENTS TO
BE MATERIALLY DIFFERENT FROM THOSE EXPRESSED OR IMPLIED BY THE FORWARD-LOOKING INFORMATION.
THE RISKS, UNCERTAINTIES, CONTINGENCIES AND OTHER FACTORS THAT MAY CAUSE ACTUAL RESULTS TO
DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED BY THE FORWARD -LOOKING INFORMATION MAY
INCLUDE, BUT ARE NOT LIMITED TO, RISKS GENERALLY ASSOCIATED WITH CENTURY’S BUSINESS, AS
DESCRIBED IN CENTURY’S ANNUAL INFORMATION FORM FOR THE YEAR ENDED MARCH 31, 201 9. READERS
SHOULD NOT PLACE U NDUE IMPORTANCE ON FORWARD -LOOKING INFORMATION AND SHOULD NOT RELY
UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE CENTURY MAY ELECT TO, IT DOES NOT UNDERTAKE
TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH
APPLICABLE LAWS.