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Gold/Mining/Energy : Century Mining Corporation
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From: hubris3311/29/2007 12:33:47 PM
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Formal Offer to take over Sulliden Exploration!

centurymining.com

CENTURY MINING ANNOUNCES TAKEOVER BID FOR SULLIDEN EXPLORATION
Blaine, WA: Century Mining Corporation (CMM: TSX-V) announced today it has issued a
takeover bid circular and formally launched its takeover bid for Sulliden Exploration Inc. The
offer expires on January 30, 2008.

Century is offering Sulliden shareholders 0.72 of a Century common share for each Sulliden
common share. The offer represents a premium of 51% over the Sulliden share price based
on the volume-weighted average trading price for the Sulliden shares on the TSX and for the
Century shares on the TSX-V for the 20 trading days prior to the news release announcement
of the bid on October 4, 2007.

Century urges Sulliden shareholders to recognize the considerable value of this offer. A
successful bid will immediately resolve the litigation over title to the Shahuindo property in
northern Peru and unlock the value of Shahuindo to all shareholders. A key legal opinion
produced by the Peruvian law firm Payet, Rey and Cauvi states that without the acceptance of
this bid, the litigation could reasonably continue until 2015. Century hopes that the Sulliden
board of directors will recommend acceptance of this offer to its shareholders.

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