Century Announces Results of 2022 Shareholder Meeting
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION
IN THE UNITED STATES OR TO U.S. NEWS AGENCIES
For Immediate Release TSX: CNT
CENTURY ANNOUNCES RESULTS OF 2022 SHAREHOLDER MEETING
Hong Kong , September 20, 2022 – Century Glo bal Commodities Corporation (“Century” or the
“Company”) is pleased to announce the results of the 2022 Annual General Meeting of shareholders that
was held on September 20, 2022 in Hong Kong, China.
The Company is pleased to report that, as in prior years, a very high shareholder response was achieved,
with 88.75% 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; 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 nine (9). The
voting results on this matter are as follows:
Setting the Number of Directors
FOR 87,085,229 99.933%
ABSTAINED 58,000 0.067%
* % results rounded to 0.000%.
Election of Directors
Century’s shareholders accepted management’s nominations for election to the C ompany’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 86,962,198 99.792% 180,931 0.208% 100 0.000%
Dwight Ball 87,085,229 99.933% 57,900 0.066% 100 0.000%
Howard Bernier 87,085,229 99.933% 57,900 0.066% 100 0.000%
Jionghui Wang 87,083,229 99.931% 59,900 0.069% 100 0.000%
Yiyan Chen 86,960,198 99.790% 182,931 0.210% 100 0.000%
Gloria Wong 87,085,229 99.933% 57,900 0.066% 100 0.000%
Jianlong Yang 87,083,229 99.931% 59,900 0.069% 100 0.000%
John Gravelle 87,085,229 99.933% 57,900 0.066% 100 0.000%
Tak Wai (Wien) Yu 87,085,229 99.933% 57,900 0.066% 100 0.000%
* % results rounded to 0.000%.
Re-appointment of Auditors
At the meeting, the Company’s shareholders re-appointed PricewaterhouseCoopers LLP, Chartered
Professional Accountants, as auditors of the Company for the 2022-2023 financial year. The voting results
on this matter are as follows:
Re-appointment of Auditors
FOR 87,360,229 100.000%
ABSTAINED 100 0.000%
* % 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 DSO Iron Ore Project
Joyce Lake, our most advanced project, is a DSO (direct shipping 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-Î les. The Project completed feasibility study in 2015 which is being updated
and is undergoing environmental assessment. Joyce Lake is held in a special purpose vehicle, Joyce Direct
Iron Inc. (“JDI”), to be spun out to be a separate listed company.
Century Food
Century Food is a subsidiary operation of the Company which started a few years ago and is a value-adding
marketing and distribution business of quality food products sourced from such regions as Europe and
Australia and sold in the Hong Kong and Macau markets.
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 THE SPIN -0UT, INCLUDING LISTING, FINANCING AND
DEVELOPMENT OF THE JOYCE LAKE DSO IR ON ORE PROJECT, INCLUDING (I) PROJECTIONS AS TO THE TIME FRAME
FOR THE ADDITIONAL WORK REQUIRE D TO COMPLY WITH THE PROVINCIAL ENVIRONMENTAL IMPACT ASSESSMENT
GUIDELINES; (II) THE ABILITY OF JDI TO CONCLUDE BENEFIT AGREEMENTS WITH FIRST NATIONS AND THE
GOVERNMENT OF NEWFOUNDLAND AND LABRADOR; ( III) THE TIMELINE FOR COMPLETION OF THE EIS PROCESS BY
JDI; ( IV) THE ABILITY OF JDI TO MEET ALL FEDERAL AND PROVISIONAL EIS REQUIREMENTS AND TO ULTIMATELY
SECURE THE REQUIRED ENVIRONMENTAL PERMITTING; AND (V) THE ABILITY OF JDI TO LIST ITS COMMON SHARES ON
THE NEO AEQUITAS STOCK 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, 2022. READERS
SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD -LOOKING INFORMATION AND SHOULD NOT RELY UPON
THIS INFORMATION AS OF ANY OTHER DA TE. 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.