Century Mining Submits Form 40-F to SEC to Register Shares in U.S.
10:04 EDT Monday, May 28, 2007
globeinvestor.com
BLAINE, WASHINGTON--(CCNMatthews - May 28, 2007) - Century Mining Corporation (TSX VENTURE:CMM) announced today that, by filing Form 40-F, it has completed the registration of its common shares with the United States Securities and Exchange Commission (SEC), pursuant to Section 12(b) of the Securities and Exchange Act of 1934. The registration is available for viewing on the SEC's EDGAR Database at sec.gov.
As a foreign private issuer, Century has access to U.S. equity markets under the Multi-jurisdictional Disclosure System (MJDS), which allows Canadian issuers to meet U.S. filing requirements by using Canadian disclosure documents.
Since its introduction in 1991, MJDS has played a key role in allowing Canadian companies conducting public offerings in Canada to extend those offerings to the U.S. public. Canadian issuers use MJDS forms to offer securities publicly in the U.S. based on a Canadian prospectus that is only subject to review by Canadian securities regulators. In addition, MJDS allows eligible Canadian companies to meet their ongoing U.S. public annual reporting requirements by wrapping a Form 40-F around their Annual Information Form filed with the Canadian securities regulators and filing that Form 40-F with the SEC.
Margaret Kent, President and CEO commented, "This is yet another step for Century in our strategy to expand global operations and maintain growth. This filing is part of the company's strategy to list its shares in the United States, and is a result of our firm belief that there is significant potential in U.S., European and other world equity markets for companies like Century Mining with excellent growth prospects. We will continue to implement policies that enhance shareholder value by increasing Century's exposure to global capital markets."
On behalf of the Board of Directors,
Margaret M. Kent, Chairman, President and C.E.O.
FOR FURTHER INFORMATION PLEASE CONTACT:
Century Mining Corporation
Brent Jones
Manager, Investor Relations
(360) 332-4653
(360) 332-4652 (FAX)
Email: bjones@centurymining.com
Website: www.centurymining.com
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