Century Lithium provides further details on financing

Executive Summary

• Century Lithium Corp. completed a brokered private placement of 14,893,616 units for gross proceeds of $6,999,999.52 on March 16, 2026.
• A.G.P. Canada Investments ULC received a cash commission of 7.0% ($489,999.97) and non‑transferable broker warrants covering 3.0% of the units sold (446,808 warrants).
• Each broker warrant allows purchase of one common share at $0.65 for five years; the warrants are subject to a four‑month‑plus statutory restriction period.

Key Details

• Units Sold: 14,893,616 units
• Gross Proceeds: $6,999,999.52 (≈ C$7,000,000)
• Closing Date: March 16, 2026
• Agent/Bookrunner: A.G.P. Canada Investments ULC (sole agent)
• Cash Commission to Agent: 7.0% of gross proceeds = $489,999.97
• Broker Warrants Issued: 446,808 warrants (representing 3.0% of total units sold)
• Warrant Exercise Price: $0.65 per common share
• Warrant Term: Five years from closing date
• Statutory Restriction Period: Four months and one day from issuance for both the broker warrants and any shares issued upon exercise

Notable Quotes

(No direct quotes were provided in the release.)