Scion Reports Sales of Shares in Century Mining Corporation

    CUPERTINO, CA, Jan. 2 /CNW/ - Scion Capital, LLC announces that
investment funds managed by Scion Capital, LLC have sold an aggregate of
4,000,000 common shares of Century Mining Corporation ("Century Mining") on
the TSX Venture Exchange, including 2,915,000 common shares sold by Scion
Qualified Value Fund, a Series of Scion Qualified Funds, LLC ("SQVF"). After
the recent sales, funds managed by Scion Capital, LLC (the "Scion Funds")
continue to own 8,310,500 common shares of Century Mining and 7,500,000 common
share purchase warrants, representing 9.87% of the outstanding common shares
of Century Mining, assuming the exercise of the warrants owned by the Scion
Funds. Scion Capital, LLC is the managing member and investment adviser to
SQVF and the other Scion Funds.
    Scion Capital, on behalf of the funds it manages, may acquire additional
shares and/or warrants or dispose of some or all of the shares or warrants
currently held.

For further information:

For further information: Steven A. Druskin, General Counsel, Scion
Capital, LLC, 20400 Stevens Creek Blvd., Suite 840, Cupertino, CA, 95014,
(408) 441-8400

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