Friday, June 26, 2009

AGM Concluded

Century Mining Concludes Annual Meeting Of Shareholders

BLAINE, WA, June 26 /CNW/ - Century Mining Corporation (CMM: TSX-V) announced today that it concluded its Annual and Special Meeting of Shareholders held on June 24, 2009. At the meeting, all resolutions were approved by shareholders of the Company.

Elected to the Board of Directors were Allen V. Ambrose, Ross F. Burns, Margaret M. Kent, William J.V. Sheridan and Ricardo M. Campoy.

Century has 184,457,214 common shares issued and outstanding. Under the terms of the Company's "rolling" Incentive Stock Option Plan a maximum of 18,445,721 shares are available to be issued pursuant to the exercise of options at this time. Subject to the approval of the TSX Venture Exchange, the Company approved the issue of 500,000 stock options to directors of Century. The stock options are exercisable into common shares of Century at an exercise price of C$0.18 per share for a period of five years. Century's common shares closed at C$0.16 on the TSX Venture Exchange on June 23, 2009. Including this grant of 500,000 options, a total of 7,029,750 shares have been reserved for issuance pursuant to outstanding option grants. A further 11,415,971 shares are available for issuance pursuant to future option grants at this time.

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