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LCE.V ·

Century Lithium Provides Update ON Collaboration with Koch Technology Solutions

Partnerships & JV

TSXV: LCE | OTCQX: CYDVF

Suite 1610 - 777 Dunsmuir Street, Vancouver, BC V7Y 1K4 Canada

NEWS RELEASE

CENTURY LITHIUM PROVIDES UPDATE ON COLLABORATION

WITH KOCH TECHNOLOGY SOLUTIONS

April 17, 2023 – Vancouver, Canada – Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z)

(“Century Lithium” or “the Company”) is pleased to report that further to its news release dated February

9, 2023, the Company has received from Koch Technology Solutions’ (“KTS”) equipment for KTS’ Li-Pro™

process for direct lithium extraction (“DLE”). The KTS equipment has been installed and is now operating

at Century Lithium’s Lithium Extraction Facility (“Pilot Plant”) in Amargosa Valley, Nevada, USA.

The collaboration between Century Lithium and KTS begins a field trial of KTS’ Li-Pro™ equipment to treat

the process solutions generated at the Pilot Plant in the leaching of bulk sample claystone collected from

the Company’s Clayton Valley Lithium Project (“Project”). Following successful installation, operation of

KTS’ equipment went very well throughout an initial 7-day start-up. Results from the program will enable

KTS to provide engineering and cost data to Century Lithium for a full-scale installation of the DLE plant in

Century Lithium’s Project.

About Koch Technology Solutions

Koch Technology Solutions (KTS) is the technology licensing business of Koch Engineered Solutions (KES).

KTS creates value for its customers across a growing portfolio of technologies including direct lithium

extraction, the polyester value chain, refining industry and 1,4-Butanediol plus its derivatives. KTS

combines its exclusive technologies, expertise, and capabilities with those of other KES companies to

provide overall solutions to optimize customers’ capital investments and existing manufacturing assets.

About Century Lithium Corp.

Century Lithium Corp. (formerly Cypress Development Corp.) is an advanced stage lithium company,

focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, USA.

Century Lithium is currently in the pilot stage of testing on material from its lithium-bearing claystone

deposit at its Lithium Extraction Facility in Amargosa Valley, Nevada and progressing towards completing

a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing

electric vehicle and battery storage market.

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

Suite 1610 - 777 Dunsmuir Street, Vancouver, BC V7Y 1K4 Canada

2

Direct: +1 604 764 1851

Toll Free: 1 800 567 8181

[email protected]

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 includes certain statements that may be deemed to be "forward-looking statements". Forward-looking

statements are subject to risks, uncertainties and assumptions and are identified by words such as “expects,”

“estimates,” “projects,” “anticipates,” “believes,” “could,” “scheduled,” and other similar words. All statements in this

release, other than statements of historical facts, that address events or developments that management of the

Company expects, are forward-looking statements. Although management believes the expectations expressed in

such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future

performance, and actual results or developments may differ materially from those in the forward-looking statements.

The Company undertakes no obligation to update these forward-looking statements if management’s beliefs,

estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from

those in forward-looking statements, include market prices, exploration, and development successes, continued

availability of capital and financing, and general economic, market or business conditions. Please see the public filings

of the Company at www.sedar.com for further information.