Century Announces Results of 2026 Shareholder Meeting
Century Announces Results of 2026
Shareholder Meeting
Hong Kong, Hong Kong--(Newsfile Corp. - September 22, 2026) - Century Global Commodities
Corporation (TSX: CNT) ("
Century
" or the "
Company
") is pleased to announce the results of the 2026
Annual General and Special Meeting of shareholders that was held on September 22, 2026 in Hong
Kong, China.
The Company is pleased to report that, as in prior years, a very high shareholder response was
achieved, with 85.335% 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 nine members;
elected the Board of Directors;
re-appointed Mao & Ying LLP as the Company's auditors for the upcoming year; and
re-approve the Company's Equity Incentive Plan and all unallocated awards thereunder, as
required every three years by the Toronto Stock Exchange.
Number of Directors
The number of directors of the Company for the ensuing year was confirmed as and set at nine (9).
The
voting results on this matter are as follows:
Setting the Number of Directors
FOR
100,831,144
99.961%
ABSTAINED
39,000
0.039%
*
% results rounded to 0.000%.
Election of Directors
Century's shareholders accepted management's nominations for election to the Company's Board of
Directors with overwhelming support.
All of the nominees served as directors or alternate director of the
Company prior to the meeting and were re-elected as directors until the Company's next annual meeting
of shareholders.
The voting results on the election of directors are as follows:
Director
FOR
AGAINST
ABSTAINED
Sandy Chim
100,709,189
99.840%
160,860
0.159%
95
0.000%
Dwight Ball
100,832,144
99.962%
38,000
0.038%
0
0.000%
Howard Bernier
100,832,144
99.962%
38,000
0.038%
0
0.000%
Jionghui Wang
100,832,049
99.962%
38,000
0.038%
95
0.000%
Yiyan Chen
100,832,049
99.962%
38,000
0.038%
95
0.000%
Gloria Wong
100,829,049
99.959%
40,000
0.040%
1,095
0.001%
John Gravelle
100,708,284
99.840%
160,860
0.159%
1,000
0.001%
Tak Wai (Wien) Yu
100,831,049
99.961%
38,095
0.038%
1,000
0.001%
Kangle Zhao
100,830,049
99.960%
40,095
0.040%
0
0.000%
*
% results rounded to 0.000%.
Re-appointment of Auditors
At the meeting, the Company's shareholders re-appointed Mao & Ying LLP, Chartered Professional
Accountants, as auditors of the Company for the 2026-2027 financial year.
The voting results on this
matter are as follows:
Re-appointment of Auditors
FOR
100,869,049
99.999%
ABSTAINED
1,095
0.001%
*
% results rounded to 0.000%.
Re-approval of the Equity Incentive Plan
At the meeting, the Company's shareholders also re-approved the Company's Equity Incentive Plan and
adopted the resolutions set out on page 37 of the Company's Management Information Circular dated
August 10, 2026, making the plan available for grants of equity-based incentive compensation for the
next three years.
The following are the results of the vote on this matter:
Re-approval of the Equity Incentive Plan
FOR
77,511,516
76.843%
AGAINST
23,358,628
23.157%
*
% results rounded to 0.000%.
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 well-established 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, Québec which is serviced by a rail link directly to ocean
shipping iron ore ports at Sept-Îles. 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 approximately 90%.
Century Food
Century Food is a subsidiary of the Company operating a value-adding marketing and distribution
business of quality food products sourced from such high-quality regions as Europe and Australia for the
Hong Kong and Macau markets. It was created as a counter-cyclical business at the bottom of the Super
Cycle in 2015 to generate profit and cash to supplement the metals business.
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 OWNERSHIP AND
PLANS FOR SPIN-OUT, LISTING, FINANCING AND DEVELOPMENT OF THE JOYCE LAKE DSO
IRON ORE PROJECT, INCLUDING (I) ESTIMATES AS TO RESOURCES AND RESERVES FOR
THE PROJECT, (II) ESTIMATES AS TO THE CAPITAL COSTS, OPERATING COSTS,
PRODUCTION RATES, MINE LIFE, NET PRESENT VALUE AND RATES OF RETURN FOR THE
PROJECT, (III) PROJECTIONS AS TO THE TIME FRAME FOR THE ADDITIONAL WORK
REQUIRED TO COMPLY WITH THE PROVINCIAL ENVIRONMENTAL IMPACT ASSESSMENT
GUIDELINES; (IV) THE ABILITY OF JDI TO CONCLUDE BENEFIT AGREEMENTS WITH FIRST
NATIONS AND THE GOVERNMENT OF NEWFOUNDLAND AND LABRADOR; (V) THE TIMELINE
FOR COMPLETION OF THE ENVIRONMENTAL IMPACT STATEMENT PROCESS BY JDI; (VI)
THE ABILITY OF JDI TO MEET ALL FEDERAL AND PROVINCIAL ENVIRONMENTAL IMPACT
STATEMENT REQUIREMENTS AND TO ULTIMATELY SECURE THE REQUIRED
ENVIRONMENTAL PERMITTING; AND (VII) THE ABILITY OF JDI TO LIST ITS COMMON
SHARES ON AN EXCHANGE, OF WHICH THERE IS NO ASSURANCE. FORWARD-LOOKING
INFORMATION IS BASED ON, AMONG 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, 2026. INVESTOR SHOULD ALSO REVIEW THE JOYCE LAKE DSO IRON ORE PROJECT
FEASIBILITY STUDY IN DETAIL IN ORDER TO FULLY UNDERSTAND THE RISKS AFFECTING
THE PROJECT AND THE ESTIMATES INCLUDED IN THE PROJECT. READERS SHOULD NOT
PLACE UNDUE 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.
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS
AGENCIES
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