Century Global Commodities Corp. is pleased to announce that its wholly owned subsidiary and special purpose vehicle, Joyce Direct Iron Inc. has raised AUS$2.0 million through completion of a private placement . JDII is 100% owner of the Joyce Lake DSO Iron Ore Project located in Canada. JDII is seeking a listing on the Australian Securities Exchange to facilitate Project development through permitting and leading to a [...]
Century Global Commodities Corp. is pleased to provide an update about its plan to spin out the Joyce Lake DSO Iron Ore Project to raise the necessary funding to advance the Project towards development. After a careful study of the various options of a spin out, the Company has determined that the best market to spin Joyce to is the Australian Stock Exchange given the quality and the liquidity of the Exchange [...]
Century Global Commodities Corp. is pleased to announce that it has filed its condensed consolidated interim financial statements for the third fiscal quarter ended December 31, 2020 and the related management discussion and analysis . Copies of these documents are available under Century's SEDAR profile at www.sedar.com and will also be posted on Century's website at www.centuryglobal.ca. The Company is also pleased to [...]
Century Global Commodities Corp. is pleased to advise the completion of an internal corporate reorganization of its iron ore segment following acquisition from WISCO Canada ADI Resources Development & Investment Limited of joint venture interests in Century's Labrador Trough iron ore projects. The Company now holds 100% interest in these projects. The details and completion of the acquisition was announced in a news [...]
Century Global Commodities Corp. is pleased to provide a strategic update of its flagship project, the Joyce Lake DSO Iron Ore Project in the context of the current strong iron ore price recovery, since reaching a bottom in 2015, and the positive outlook for the global seaborne iron ore market. Iron ore has been the best performing metal commodity in 2020 trading at a price level the market has not seen since about the [...]
Century Global Commodities Corp. has completed its previously announced acquisition from WISCO Canada ADI Resources Development & Investment, a 23.5% shareholder of Century, of WISCO ADI’s joint venture interests in Century’s Attikamagen and Sunny Lake iron ore projects in exchange for net cash consideration of $1.17 million. The Acquisition was completed through the facilities of the Shanghai United Assets and Equity [...]
Century Global Commodities Corp. announced that Mr. Pengfeng Zhu has resigned from its Board of Directors. Mr. Zhu has been a valuable member of Century’s Board of Directors, since nominated to the Board by WISCO International Resources Development & Investment Limited, a member of the Baosteel Group, who is a strategic partner and major shareholder of the Company owning about 23.5% in the Company. The Board of Directors [...]
Century Global Commodities Corp. today announced it has made a binding offer to WISCO Canada ADI Resources Development & Investment Limited , a 23.5% shareholder of Century, to purchase WISCO ADI’s joint venture interests in Century’s Attikamagen and Sunny Lake iron ore projects in exchange for net cash consideration of $1.17 million. The Company has submitted the Offer to Purchase the Joint Venture Interests through the [...]
Century Global Commodities Corp. is pleased to announce the results of the 2020 Annual General Meeting of shareholders that was held on September 21, 2020 in Hong Kong, China. The Company is pleased to report that, as in prior years, a very high shareholder response was achieved, with 89.635% of Century’s outstanding shares having been voted at the meeting. At that meeting, the shareholders: set the size of the Board of [...]
Century Global Commodities Corp. today announced that it has been advised by WISCO Canada ADI Resources Development & Investment Limited that WISCO ADI has initiated a process to list its joint venture interests in Labec Century Iron Ore Inc. in respect of the Attikamagen Iron Ore Project located in Quebec and Sunny Lake Joint Venture together with related rights and obligations and debts on the Shanghai United Assets and [...]
Century Global Commodities Corp. is pleased to announce that it has filed its condensed consolidated interim financial statements for the third fiscal quarter ended December 31, 2019 and the related management discussion and analysis . Copies of these documents are available under Century’s SEDAR profile at www.sedar.com and will be posted on Century’s website at www.centuryglobal.ca. About Century [...]
Century Global Commodities Corp. is pleased to announce that it has filed its condensed consolidated interim financial statements for the second fiscal quarter ended September 30, 2019 and the related management discussion and analysis . Copies of these documents are available under Century’s SEDAR profile at www.sedar.com and will be posted on Century’s website at www.centuryglobal.ca. About Century [...]