Century Announces Filing of Third Quarter Financial Results and Management Discussion and Analysis for the Nine Months Ended December 31, 2025

Company Overview - Century Global Commodities Corporation is primarily a resource exploration and development company with a significant portfolio of multi-billion tonne iron ore projects in Canada, along with non-ferrous metals properties and a food distribution business in Hong Kong [4]. Financial Performance - As of December 31, 2025, the company reported unrestricted free cash, bank deposits, and marketable securities totaling $2.3 million, a decrease from $4.2 million as of March 31, 2025 [3]. - The net working capital as of December 31, 2025, was $5.2 million, down from $6.0 million as of March 31, 2025, indicating adequate resources to cover near-term administrative and basic mineral properties development expenses [3][8]. Project Development - The Joyce Lake Direct Shipping Iron Ore Project is the company's most advanced project, located in Newfoundland and Labrador, and is undergoing environmental assessment after completing an updated feasibility study in 2022 [5]. - Joyce Lake is held in a special purpose vehicle, Joyce Direct Iron Inc. ("JDI"), where Century owns approximately 90% [5]. Subsidiary Operations - Century Food operates a marketing and distribution business for quality food products sourced from regions like Europe and Australia, targeting the Hong Kong and Macau markets [6].