18:45:22 EDT Thu 09 Apr 2026
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Century Lithium Corp
Symbol LCE
Shares Issued 165,634,881
Close 2026-04-09 C$ 0.41
Market Cap C$ 67,910,301
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Century Lithium appoints Fayram as CTO

2026-04-09 16:48 ET - News Release

Dr. William Willoughby reports

CENTURY LITHIUM ANNOUNCES APPOINTMENT OF TODD FAYRAM AS CHIEF TECHNICAL OFFICER AND GRANTS STOCK OPTIONS

Century Lithium Corp. has appointed Todd S. Fayram, MMSA-QP, as chief technical officer of the company, effective April 9, 2026. Mr. Fayram has served as senior vice-president, metallurgy, since joining Century Lithium on May 29, 2023, and will continue to lead the company's metallurgical program in his expanded role.

"Since joining Century Lithium, Todd has been instrumental in advancing our proprietary process and delivering key technical milestones at Angel Island, including the production of battery-grade lithium carbonate at our demonstration plant," said Bill Willoughby, president and chief executive officer of Century Lithium. "His promotion to chief technical officer reflects the central role that technical innovation plays in our strategy and the confidence the board and management have in Todd's leadership as we advance Angel Island toward development."

As CTO, Mr. Fayram will oversee the technical direction of the company's wholly owned Angel Island project in Esmeralda county, Nevada, including metallurgy, process development, engineering and the continued advancement of Century Lithium's patent-pending chloride leaching and direct lithium extraction flow sheet.

Grant of incentive stock options

The company has also granted an aggregate 6.28 million incentive stock options to members of the board of directors of the company, officers, employees and consultants.

The options are exercisable at a price of 47 cents per share for a period of five years from the date of grant. Of the options granted, 1.7 million options issued to independent directors vest immediately and 4.58 million options granted to officers, employees and consultants are subject to a three-year vesting schedule, vesting in equal tranches on the first, second and third anniversaries of the date of grant.

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 is an advanced-stage lithium development company focused on its 100-per-cent-owned Angel Island lithium project in Esmeralda county, Nevada. Angel Island hosts one of the largest known sedimentary lithium deposits in the United States and is designed with an integrated, end-to-end process for the on-site production of battery-grade lithium carbonate to support the electric vehicle and battery storage markets.

The company has developed a patent-pending process that incorporates hydrochloric acid leaching combined with direct lithium extraction to produce battery-grade lithium carbonate. As part of the integrated chlor-alkali process, Angel Island is designed to produce sodium hydroxide as a co-product, with planned surplus sales expected to lower operating costs, reduce reliance on externally sourced reagents, and minimize environmental impacts.

Century Lithium is currently advancing Angel Island through the permitting process.

Century Lithium trades on the TSX Venture Exchange under the symbol LCE, the OTCQX under the symbol CYDVF and the Frankfurt Stock Exchange under the symbol C1Z.

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