Century Lithium Announces Significant Leadership Change with CFO Transition

Century Lithium Announces CFO Transition

In a recent announcement, Century Lithium Corp. has confirmed a significant leadership change in its financial department. Mr. Braam Jonker, who has served as the Chief Financial Officer since joining the company, will step down effective September 30, 2025. This decision was made to allow Mr. Jonker to focus on other personal pursuits.

In his place, Matthew Tompkins, the current Financial Controller, will take over as the Interim CFO. Tompkins brings a wealth of experience to the position, having been with Century Lithium since 2022 and possessing over ten years of expertise in the mining industry. His career commenced in the mining group at PwC, where he engaged in audit and advisory services for both Canadian and international resource companies.

Throughout his career, Mr. Tompkins has worked closely with companies listed on both the TSX and TSX-V, enhancing his understanding of the energy and mining sectors. His background extends to his role as founder of Elevate Financial, a boutique financial advisory firm that provides CFO services and financial reporting support. This firm specializes in assisting small to mid-cap public companies and high-growth private firms, making Mr. Tompkins a well-suited candidate for the new role.

During this transitional period, Century Lithium’s President and CEO, Bill Willoughby, expressed his gratitude towards Mr. Jonker, highlighting the significant contributions he has made during his tenure. Willoughby stated, "We thank Braam for his guidance and valuable contributions during his time with the Company, and we wish him every success." This sentiment reflects a broader appreciation within the company for the leadership that has helped shape its strategic direction.

Century Lithium Corp. is an advanced-stage lithium company that is dedicated to developing the Angel Island project in Esmeralda County, Nevada. Known for hosting one of the largest sedimentary lithium deposits in the United States, Angel Island is positioned as a crucial asset in the growing electric vehicle and battery storage market.

As part of its innovative approach, Century Lithium employs a patent-pending chloride leaching process combined with direct lithium extraction, resulting in battery-grade lithium carbonate product samples produced onsite at its Demonstration Plant in Amargosa Valley. This end-to-end processing capability differentiates Century Lithium in a competitive market, with Angel Island currently in the permitting phase for a feasible production plan.

Projected to yield approximately 34,000 tonnes of lithium carbonate per year over a lifetime of 40 years, this project exemplifies Century Lithium’s commitment to sustainable energy solutions, supporting a greener future.

As the transition unfolds, all eyes will be on Mr. Tompkins to see how he steers the financial direction of Century Lithium as it continues progressing on its critical projects. Investors and stakeholders alike will look for signs of continued financial stewardship and strategic growth in light of this leadership change. Century Lithium trades on the TSX Venture Exchange under the symbol "LCE", the OTCQX under the symbol "CYDVF", and the Frankfurt Stock Exchange under "C1Z". For further information, visit centurylithium.com.