It looks like some friends of Scola and Finskiy are getting in on this company, very bullish sign again. For that want to get good DD material, check www.stockigloo.com on a regular basis. Great site for Century mining!

G.

CENTURY MINING ANNOUNCES C$4,000,000 FLOW-THROUGH FINANCING

Century Mining Corp. will, subject to regulatory approval, complete a non-brokered private placement of up to $4-million comprising units consisting of one common share issued on a flow-through basis and one-half of a common share purchase warrant exercisable at a price of 30 cents for 18 months from the date of closing.

The company will issue 20 million units at an issue price of 20 cents per unit. The proceeds from this offering will be used for the underground drilling of the Lamaque project in Val d'Or, Que. This financing comprises a portion of the $21-million private placement described in the company's news in Stokwatch on Nov. 2, 2009.

The company will pay Oberon Capital Corporation for introducing subscribers to the company a finder's fee of cash equal to 4 per cent of the gross proceeds, and broker warrants equal to 4 per cent of the total number of flow-through shares. Each broker warrant shall be exercisable for 18 months from the date of issue and shall entitle the holder to purchase a common share of the company for a price of 20 cents. The flow-through share issuance is subject to approval by the TSX Venture Exchange. All of the securities issued under this private placement will be subject to a four-month hold period.

Margaret Kent, president and chief executive officer of Century, commented, "This financing is part of the $21-million private placement, the balance of which we expect to close in early December."