20:25:12 EDT Thu 09 Apr 2026
Enter Symbol
or Name
USA
CA



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

Subject: Century Lithium Press Release Word Document

File: '\\swfile\EmailIn\20260409 131731 Attachment 2026-04-09 Century Lithium Announces Appointment of Todd Fayram as CTO and Grants Incentive Stock Options.docx'

Confidential

Confidential

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Suite 1030 - 505 Burrard Street, Vancouver, BC V7X 1M5 Canada

TSXV: LCE | OTCQX: CYDVF

Suite 1030 - 505 Burrard Street, Vancouver, BC V7X 1M5 Canada

NEWS RELEASE

CENTURY LITHIUM ANNOUNCES APPOINTMENT OF

TODD FAYRAM AS CHIEF TECHNICAL OFFICER AND GRANTS STOCK OPTIONS

April 9, 2026 - Vancouver, Canada - Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or the "Company") is pleased to announce the appointment of Todd S. Fayram, MMSA-QP, as Chief Technical Officer ("CTO") 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 CEO 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 flowsheet.

Grant of Incentive Stock Options

The Company has also granted an aggregate 6,280,000 incentive stock options (the "Options") to members of the Board of Directors of the Company, officers, employees and consultants.

The Options are exercisable at a price of $0.47 per share for a period of five years from the date of grant. Of the options granted, 1,700,000 issued to independent directors vest immediately and 4,580,000 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 Corp. is an advanced-stage lithium development company focused on its 100%-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 on the Frankfurt Stock Exchange under the symbol "C1Z".

To learn more, please visit centurylithium.com.

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

scacos@centurylithium.com

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 contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" and similar expressions suggesting future outcomes or statements regarding an outlook.

Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, without limitation, statements with respect to the potential development and value of the Project and benefits associated therewith, statements with respect to the expected project economics for the Project, such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR, NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting status of the Project and the Company's future development plans.

These and other forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. These risks include those described under the heading "Risk Factors" in the Company's most recent annual information form and its other public filings, copies of which can be under the Company's profile at www.sedarplus.com. The Company expressly disclaims any obligation to update-forward-looking information except as required by applicable law. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place reliance on forward-looking statements or information. Furthermore, Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

PDF Document

File: Attachment 2026-04-09 Century Lithium Announces Appointment of Todd Fayram as CTO and Grants Incentive Stock Options.pdf

TSXV: LCE | OTCQX: CYDVF

NEWS RELEASE

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

April 9, 2026 Vancouver, Canada Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or the "Company") is pleased to announce the appointment of Todd S. Fayram, MMSA- QP, as Chief Technical Officer ("CTO") 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 CEO 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 flowsheet.

Grant of Incentive Stock Options

The Company has also granted an aggregate 6,280,000 incentive stock options (the "Options") to members of the Board of Directors of the Company, officers, employees and consultants.

The Options are exercisable at a price of $0.47 per share for a period of five years from the date of grant. Of the options granted, 1,700,000 issued to independent directors vest immediately and 4,580,000 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 Corp. is an advanced-stage lithium development company focused on its 100%-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

Suite 1030 505 Burrard Street, Vancouver, BC V7X 1M5 Canada 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 on the Frankfurt Stock Exchange under the symbol "C1Z".

To learn more, please visit centurylithium.com.

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 scacos@centurylithium.com 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 contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" and similar expressions suggesting future outcomes or statements regarding an outlook.

Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, without limitation, statements with respect to the potential development and value of the Project and benefits associated therewith, statements with respect to the expected project economics for the Project, such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR, NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting status of the Project and the Company's future development plans.

These and other forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. These risks include those described under the heading "Risk Factors" in the Company's most recent annual information form and its other public filings, copies of which can be under the Company's profile at www.sedarplus.com. The Company expressly disclaims any obligation to update-forward-looking

Suite 1030 505 Burrard Street, Vancouver, BC V7X 1M5 Canada 2 information except as required by applicable law. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place reliance on forward- looking statements or information. Furthermore, Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

Suite 1030 505 Burrard Street, Vancouver, BC V7X 1M5 Canada 3

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