Mr. Sandy Chim reports

CENTURY ANNOUNCES FILING OF FIRST QUARTER FINANCIAL RESULTS AND MANAGEMENT DISCUSSION AND ANALYSIS FOR THE THREE MONTHS ENDED JUNE 30, 2026

Century Global Commodities Corp. has filed its condensed consolidated interim financial statements for the first fiscal quarter ended June 30, 2026, and the related management discussion and analysis (MD&A). Copies of these documents are available under Century's SEDAR+ profile and will also be posted on Century's website.

For the three months ended June 30, 2026, Century Food, the company's food distribution business segment, delivered sales of $3.3-million, gross margin of 27.6 per cent, gross profit of $900,000 and profit before tax of $100,000, compared with sales of $3.5-million, gross margin of 27.0 per cent, gross profit of $1.0-million and profit before tax of $200,000 for the same period last year. The free cash and profit generated by Century Food during the period contributed to sustaining the mining division and corporate overhead, supplementing the company fundraising efforts.

As of June 30, 2026, the company had unrestricted free cash, bank deposits and marketable securities totalling $1.6-million (March 31, 2026: $2.4-million) and a net working capital of $5.0-million (March 31, 2026: $5.0-million), which is adequate to cover near-term continuing administrative and basic mineral properties development expenses.

About Century Global Commodities Corp.

Century Global Commodities is primarily a resource exploration and development company with a large portfolio of multibillion-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 direct shipping iron ore project

Joyce Lake, the company's most advanced project, is an open pit direct shipping iron ore project in Newfoundland and Labrador, close to the town of Schefferville, Que., which is serviced by a rail link directly to ocean shipping iron ore ports at Sept-Iles. The project has completed an updated feasibility study in 2022 and is undergoing environmental assessment. Joyce Lake is held in a special purpose vehicle, Joyce Direct Iron Inc. (JDI), in which Century owns approximately 90 per cent.

Century Food

Century Food is a subsidiary of the company operating a value-adding marketing and distribution business of quality food products sourced from such high-quality regions as Europe and Australia for the Hong Kong and Macau markets. It was created as a countercyclical business at the bottom of the Super Cycle in 2015 to generate profit and cash to supplement the metals business.

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