Century Purchases Remaining Royalty Interest

Century and Teck Resources Limited ("Teck") have agreed to eliminate all royalties and future payments that may affect portions of the Lamaque underground mine owned by Century. Upon receipt by Teck of 1,500,000 common shares of Century and CDN$750,000, Century and Teck have agreed to terminate Teck's royalty agreement and eliminate all purported obligations in favour of Teck including, without limitation, any obligation of Century to pay Teck any future royalties from the Lamaque mine.