18:20:16 EST Wed 11 Nov 2026
Enter Symbol
or Name
USA
CA



Century Global Commodities Corp
Symbol CNT
Shares Issued 118,205,485
Close 2026-11-10 C$ 0.03
Market Cap C$ 3,546,165
Recent Sedar+ Documents

Century Global Commodities earns $400,000 in six months

2026-11-11 17:50 ET - News Release

Mr. Sandy Chim reports

CENTURY ANNOUNCES FILING OF SECOND QUARTER FINANCIAL RESULTS AND MANAGEMENT DISCUSSION AND ANALYSIS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2026

Century Global Commodities Corp. has filed its condensed consolidated interim financial statements for the second fiscal quarter ended Sept. 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 six months ended Sept. 30, 2026, Century Food, the company's food distribution business segment, delivered sales of $6.9-million, gross margin* of 28.2 per cent, gross profit of $1.9-million and profit before tax of $400,000, compared with sales of $7.2-million, gross margin* of 25.9 per cent, gross profit of $1.9-million and profit before tax of $400,000 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's financing efforts.

As of Sept. 30, 2026, the company had unrestricted free cash, bank deposits and marketable securities totalling $1.9-million (March 31, 2026: $2.4-million) and a net working capital* of $4.9-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 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 in Quebec, 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 counter-cyclical business at the bottom of the supercycle in 2015 to generate profit and cash to supplement the metals business.

Non-IFRS (international financial reporting standards) and other financial measures

Certain financial measures used by the company to analyze and evaluate its results are non-IFRS financial measures or ratios. Each of these indicators is not a standardized financial measure under the IFRS and might not be comparable with similar financial measures used by other issuers. These indicators are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. Further information on the non-IFRS and other financial measures included in this news release is provided in the section on non-IFRS and other financial measures of the company's MD&A for the year ended March 31, 2026, which is available on SEDAR+.

* This is a non-IFRS financial measure. Refer to the company's MD&A for more information.

We seek Safe Harbor.

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