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LCE.V ·

Century Lithium Provides Update ON the Feasibility Study

Corporate Updates

TSXV: LCE | OTCQX: CYDVF

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

NEWS RELEASE

CENTURY LITHIUM PROVIDES UPDATE ON THE FEASIBILITY STUDY

April 19, 2024 – Vancouver, Canada – Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z)

(Century Lithium or Company) reports that the Feasibility Study on the Company’s Clayton Valley Lithium

Project (Project), in Nevada, USA, under the direction of Wood PLC and Global Resource Engineering Ltd.,

is currently under review by the Qualifie d Persons, and the Company anticipates its announcement

imminently.

To date, the Company’s Feasibility Study team has revised and updated estimates for a phased production

approach at the Project. These revisions also included assessment and evaluation of the economic benefit

of sales of the surplus sodium hydroxide produced by the chlor-alkali plant.

The Company’s Lithium Extraction Facility (Pilot Plant) in Amargosa Valley, Nevada is now in its third year

of testing the processing of lithium-bearing claystone from the Project. All data collected has been essential

to the Feasibility Study. Century Lithium continues to work toward permitting the Project including the

collection of baseline data collection for biology, surface and groundwater hydrology, and social impacts.

Earlier this year, baseline reports were submitted by the Company’s consultants and were accepted by the

appropriate government agencies. Multiple reports have been completed which will aide in the

preparation of a Plan of Operations to initiate the National Environmental Policy Act (NEPA) process.

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

Direct: +1 604 764 1851

Toll Free: 1 800 567 8181

[email protected]

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

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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.