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Century Global Commodities Corporation, along with its affiliated entities, is primarily engaged in mineral exploration and extraction operations throughout Canada. Their core focus lies in identifying and advancing projects for iron ore, as well as precious and base metals. A cornerstone of the company's mineral portfolio is the Joyce Lake Property. This significant direct-shipping iron ore venture is situated in Newfoundland and Labrador, encompassing approximately 17,049 hectares. The property is comprised of six distinct mineral licenses covering 682 claims. In a separate business…
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES HONG KONG, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Century Global Commodities Corporation (“Century” or the “Company”) (TSX: CNT) is pleased to announce that it has filed its condensed consolidated interim financial statements for the second fiscal quarter ended September 30, 2023 and the related management discussion and analysis (“MD&A”). Copies of these documents are available under Century's SEDAR+ profile at www.sedarplus.ca and will also be posted on Century's website at www.centuryglobal.ca.
Century Global Commodities Corporation has released interim financial statements for its fiscal first quarter, the company announced. As of June 30, the company had net working capital of $7.6 million.
Century Global Commodities Corp (TSX:CNT) said it finished its fiscal third quarter with strong net working capital of $9.4 million. The company, which is advancing the Joyce Lake direct shipping iron ore project (DSO) in Newfoundland and Labrador, said that the amount consists of cash, bank deposits and marketable securities totaling $6.5 million, together with accounts receivables and other current assets of $5.6 million.
Century Global Commodities Corp (TSX:CNT) said it finished its fiscal 2Q with a strong net working capital of $9.9 million. The company, which is advancing the Joyce Lake direct shipping iron ore project (DSO) in Newfoundland and Labrador, said that the amount consists of cash, bank deposits and marketable securities totaling $7.4 million, together with accounts receivables and other current assets of $5.0 million.
Century Global Commodities Corp (TSX:CNT), which controls some of the largest iron ore resources in Canada, said that its flagship Joyce Lake direct shipping iron ore (DSO) project in Newfoundland and Labrador, close to Schefferville, in Québec has achieved an environmental milestone. The Hong Kong-based company said the Impact Assessment Agency of Canada (IAAC) has communicated the outcome of a conformity review of the draft Environmental Impact Statement (EIS) for the Joyce Lake DSO project through a letter dated November 7, 2022.