Stock Options Granted to new Directors

BLAINE, WASHINGTON--(Marketwire - Jan. 18, 2010) - Century Mining Corporation ("Century" or the "Company") (TSX VENTURE:CMM) announces that it has granted a total of 300,000 stock options to the newly appointed directors and advisor of the Company. The stock options are exercisable into common shares of Century at an exercise price of C$0.36 per share for a period of five years. Century's common shares closed at C$0.36 on the TSX Venture Exchange on January 14, 2010.


Century Mining has 337,487,463 common shares issued and outstanding. Under the terms of the Company's "rolling" Incentive Stock Option Plan, a maximum of 33,748,746 shares are available to be issued pursuant to the exercise of options at this time. Including this grant of 300,000 options, a total of 9,240,000 shares have been reserved for issuance pursuant to outstanding option grants. A further 24,508,746 shares are available for issuance pursuant to future option grants at this time.