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New Appointment

Friday, August 3rd, 2007

Century Mining Corporation announce that Michael R. Malewicz has accepted the position of Chief Financial Officer for Century Mining.
Mr. Malewicz, BS (Business Administration), MBA (Finance), has 20 years of professional experience in accounting and finance at mid- to large-market companies including Qualcomm, Inc., Industrial Bank of Japan and Swedish Health Services. Since 1997, Mr. Malewicz has lead or participated in 53 debt and equity financings totaling approximately US$8 billion in value. He has also held senior management positions with responsibilities that include treasury management, design and implementation of investment policies, investment portfolio optimization, capital financing, financial modeling and Sarbanes-Oxley compliance.
Margaret Kent, President & CEO, commented: “We are pleased to welcome Mr. Malewicz at this exciting time in the Company’s development. Mr. Malewicz’s specific skills are particularly relevant as we move forward in our negotiations of a significant debt facility that will enable the company to achieve its near-term goals and further enhance shareholder value.”

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