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Century Mining Trading to Be Reinstated on May 25, 2010
BLAINE, WASHINGTON--(Marketwire - May 21, 2010) - Century Mining Corporation ("Century" or the "Company") (TSX VENTURE:CMM) is pleased to report that the Cease Trade Orders (CTO) issued by the British Columbia Securities Commission and the Quebéc Autorité Des Marchés Financiers were revoked on May 17 and May 19, 2010, respectively, after the Company filed its 2009 Year End Financial Statements and Management's Discussion and Analysis for the period ended December 31, 2009 on May 14, 2010. Subsequently on May 21, the TSX Venture Exchange has advised that trading in the securities of the Company will be reinstated at the opening on Tuesday, May 25, 2010.
Margaret M. Kent, President & CEO, commented, "We apologize to our shareholders for the delay in the filing of the financials and the subsequent cease trade orders. We are pleased to have this issue quickly resolved and the trading of our Company's securities reinstated. As seen in the recent financials, the Company has a strong balance sheet and working capital position. We are growing the company into a mid-tier gold producer. We look forward to a great year at both of our gold operations in Canada and Peru."
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Here is the company`s NR:
Century Mining Trading to Be Reinstated on May 25, 2010
BLAINE, WASHINGTON--(Marketwire - May 21, 2010) - Century Mining Corporation ("Century" or the "Company") (TSX VENTURE:CMM) is pleased to report that the Cease Trade Orders (CTO) issued by the British Columbia Securities Commission and the Quebéc Autorité Des Marchés Financiers were revoked on May 17 and May 19, 2010, respectively, after the Company filed its 2009 Year End Financial Statements and Management's Discussion and Analysis for the period ended December 31, 2009 on May 14, 2010. Subsequently on May 21, the TSX Venture Exchange has advised that trading in the securities of the Company will be reinstated at the opening on Tuesday, May 25, 2010.
Margaret M. Kent, President & CEO, commented, "We apologize to our shareholders for the delay in the filing of the financials and the subsequent cease trade orders. We are pleased to have this issue quickly resolved and the trading of our Company's securities reinstated. As seen in the recent financials, the Company has a strong balance sheet and working capital position. We are growing the company into a mid-tier gold producer. We look forward to a great year at both of our gold operations in Canada and Peru."
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