Century Global Commodities Corporation has filed its financial statements for the second quarter of 2025, showing $3.4 million in cash and a net working capital of $5.6 million. The company plans to seek additional funding for project development. Century is a resource exploration company with iron ore projects in Canada and a food distribution business in Hong Kong.

One of Century’s key projects is the Joyce Lake Direct Shipping Iron Ore Project in Newfoundland and Labrador. The project, which has completed a feasibility study, is close to an iron ore port at Sept-Îles and is undergoing environmental assessment. Century also operates a food distribution business in Hong Kong, sourcing products from Europe and Australia.

Certain financial measures used by Century are non-IFRS and might not be comparable to other companies. The company’s net working capital as of September 30, 2025, was $5.6 million. For further information, contact Sandy Chim, President & CEO of Century Global Commodities Corporation.

A cautionary statement on forward-looking information is included in the press release, highlighting the risks associated with the company’s plans for the Joyce Lake project. Investors are advised to review the feasibility study in detail and not place undue importance on forward-looking information. Century does not undertake to update this information except as required by law.

Read more at GlobeNewswire: Century Announces Filing of Second Quarter Financial