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LCE.V ·

Century Lithium Grants Incentive Stock Options

Share Capital & Compensation

TSXV: LCE | OTCQX: CYDVF

Suite 1030 – 505 Burrard Street, Vancouver, BC V7X 1M5 Canada

NEWS RELEASE

CENTURY LITHIUM GRANTS INCENTIVE STOCK OPTIONS

December 11, 2024 – Vancouver, Canada – Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt:

C1Z) (“Century Lithium” or “the Company”) has granted an aggregate 845,000 incentive stock options (the

"Options") to non-executive Directors of the Board of the Company. The Options are exercisable at $0.32

per share, being the five-day volume weighted average price from the date of grant, and are valid for a 5

year period.

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 company, focused on developing its wholly owned

Angel Island project in Esmeralda County, Nevada, which hosts one of the largest sedimentary lithium

deposits in the United States. The Company has utilized its patent-pending process for chloride leaching

combined with Direct Lithium Extraction to make battery quality lithium carbonate samples from Angel

Island lithium-bearing claystone on-site at its Lithium Extraction Facility in Amargosa Valley, Nevada.

Angel Island is one of the few advanced lithium projects in development in the United States to provide an

end-to-end process to produce battery grade lithium carbonate for the growing electric vehicle and battery

storage market. Angel Island is currently in the permitting stage for a three-phase feasibility-level

production plan expected to yield an average of 34,000 tonnes per year of battery grade lithium carbonate

over a 40-year mine-life.

Century Lithium trades on both the TSX Venture Exchange under the symbol “LCE” and 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

[email protected]

centurylithium.com

Suite 1030 – 505 Burrard Street, Vancouver, BC V7X 1M5 Canada

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NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS

RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.