Century Lithium extends closing of final tranche

Executive Summary

• Century Lithium Corp. extended the closing date for the second and final tranche of its listed‑issuer financing to Sept. 2, 2025.
• The offering allows issuance of up to 16,666,667 units at C$0.30 per unit, targeting gross proceeds of up to C$5 million.
• To date the company has issued 9,559,833 units for C$2.867 million, paid C$133,907 in cash fees, and granted 446,355 compensation warrants to brokers.

Key Details

• Extension: Closing of the final tranche moved to Sept. 2, 2025 to complete processing of subscription agreements.
• Units Offered: Up to 16,666,667 units at C$0.30 per unit (one common share + one warrant each).
• Gross Proceeds Target: Up to C$5 million if the full tranche is subscribed.
• Warrant Terms (Unit Warrants): Right to purchase one common share at C$0.45, exercisable for 60 months after issuance.
• Units Issued to Date (as of Aug. 1, 2025): 9,559,833 units for C$2,867,950 in gross proceeds.
• Cash Fees Paid: C$133,907 paid to service providers.
• Compensation Warrants Issued: 446,355 non‑transferable warrants to arm’s‑length brokers; each allows purchase of one common share at C$0.30, exercisable for 36 months.
• Regulatory Condition: Offering remains subject to approval by the TSX Venture Exchange.

Notable Quotes

(No direct quotes were provided in the release.)