Century Lithium Announces Appointment of Todd Fayram as Chief Technical Officer and Grants Stock Options
TSXV: LCE | OTCQX: CYDVF
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NEWS RELEASE
CENTURY LITHIUM ANNOUNCES APPOINTMENT OF
TODD FAYRAM AS CHIEF TECHNICAL OFFICER AND GRANTS STOCK OPTIONS
April 9, 2026 – Vancouver, Canada – Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z)
(“Century Lithium” or the “Company”) is pleased to announce the appointment of Todd S. Fayram, MMSA-
QP, as Chief Technical Officer ("CTO") of the Company, effective April 9, 2026. Mr. Fayram has served as
Senior Vice President, Metallurgy since joining Century Lithium on May 29, 2023, and will continue to lead
the Company's metallurgical program in his expanded role.
"Since joining Century Lithium, Todd has been instrumental in advancing our proprietary process and
delivering key technical milestones at Angel Island, including the production of battery-grade lithium
carbonate at our Demonstration Plant," said Bill Willoughby, President and CEO of Century Lithium. "His
promotion to Chief Technical Officer reflects the central role that technical innovation plays in our strategy
and the confidence the Board and management have in Todd's leadership as we advance Angel Island
toward development."
As CTO, Mr. Fayram will oversee the technical direction of the Company's wholly owned Angel Island
Project in Esmeralda County, Nevada, including metallurgy, process development, engineering, and the
continued advancement of Century Lithium's patent-pending chloride leaching and direct lithium
extraction flowsheet.
Grant of Incentive Stock Options
The Company has also granted an aggregate 6,280,000 incentive stock options (the "Options") to members
of the Board of Directors of the Company, officers, employees and consultants.
The Options are exercisable at a price of $0.47 per share for a period of five years from the date of grant.
Of the options granted, 1,700,000 issued to independent directors vest immediately and 4,580,000
Options granted to officers, employees and consultants are subject to a three-year vesting schedule,
vesting in equal tranches on the first, second, and third anniversaries of the date of grant.
The Options have been granted under, and are governed by, the terms of the Company's long-term
incentive plan and are subject to the policies of the TSX Venture Exchange.
ABOUT CENTURY LITHIUM CORP.
Century Lithium Corp. is an advanced-stage lithium development company focused on its 100%-owned
Angel Island lithium project in Esmeralda County, Nevada. Angel Island hosts one of the largest known
sedimentary lithium deposits in the United States and is designed with an integrated, end-to-end process
for the on-site production of battery-grade lithium carbonate to support the electric vehicle and battery
storage markets.
The Company has developed a patent-pending process that incorporates hydrochloric acid leaching
combined with direct lithium extraction to produce battery-grade lithium carbonate. As part of the
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integrated chlor-alkali process, Angel Island is designed to produce sodium hydroxide as a co-product, with
planned surplus sales expected to lower operating costs, reduce reliance on externally sourced reagents,
and minimize environmental impacts.
Century Lithium is currently advancing Angel Island through the permitting process.
Century Lithium trades on the TSX Venture Exchange under the symbol “LCE”, the OTCQX under the symbol
“CYDVF”, and on the Frankfurt Stock Exchange under the symbol “C1Z”.
To learn more, please visit centurylithium.com.
ON BEHALF OF CENTURY LITHIUM CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer
For further information, please contact:
Spiros Cacos | Vice President, Investor Relations
Direct: +1 604 764 1851
Toll Free: 1 800 567 8181
centurylithium.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Cautionary Note Regarding Forward-Looking Statements
This release contains certain forward-looking statements within the meaning of applicable Canadian
securities legislation. In certain cases, forward-looking statements can be identified by the use of words
such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases
or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken",
"occur" or "be achieved" and similar expressions suggesting future outcomes or statements regarding an
outlook.
Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs,
intentions and expectations about developments, results and events which will or may occur in the future,
without limitation, statements with respect to the potential development and value of the Project and
benefits associated therewith, statements with respect to the expected project economics for the Project,
such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR,
NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting
status of the Project and the Company’s future development plans.
These and other forward-looking statements and information are subject to various known and unknown
risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may
cause their actual results, performance or achievements to be materially different from those expressed or
implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors
set out herein. These risks include those described under the heading "Risk Factors" in the Company’s most
recent annual information form and its other public filings, copies of which can be under the Company’s
profile at www.sedarplus.com. The Company expressly disclaims any obligation to update-forward-looking
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information except as required by applicable law. No forward-looking statement can be guaranteed, and
actual future results may vary materially. Accordingly, readers are advised not to place reliance on forward-
looking statements or information. Furthermore, Mineral Resources that are not Mineral Reserves do not
have demonstrated economic viability.