17:53:46 EST Thu 01 Jan 2026
Enter Symbol
or Name
USA
CA



Canadian Chrome Company Inc (The)
Symbol CACR
Shares Issued 1,376,534,032
Close 2025-12-31 C$ 0.02
Market Cap C$ 27,530,681
Recent Sedar Documents

Canadian Chrome closes $265,000 private placement

2025-12-31 17:47 ET - News Release

Mr. Bruce Hodgman reports

CCC ANNOUNCES CLOSING OF THE PRIVATE PLACEMENT OF FLOW-THROUGH UNITS

The Canadian Chrome Company Inc., formerly known as KWG Resources Inc., today closed its previously announced non-brokered flow-through private placement (see the company's news release dated Dec. 11, 2025) by issuance of an aggregate of 13,250 flow-through units at a price of $20 per flow-through unit for aggregate gross proceeds of $265,000. Each flow-through unit comprises 10 multiple voting shares of the company issued on a flow-through basis in accordance with the Income Tax Act (Canada) and five warrants of the company also issued on a flow-through basis, with each such flow-through warrant entitling the holder to purchase one further flow-through share upon payment of $2.50 at any time on or before the earlier of: (i) Dec. 31, 2026; or (ii) two business days after completion of a takeover bid or a merger, amalgamation, arrangement or other form of business combination, as a result of which the shareholders of the company immediately prior to such bid or business combination do not own a majority of votes attaching to the voting securities of the company or of the resulting issuer, or do not have the power to elect a majority of the directors of the company or of the resulting issuer, as the case may be, after completion of such bid or business combination.

The company paid finders' fees of 5 per cent of the aggregate amount subscribed for by subscribers referred to the company by finders entitled to receive such fees in accordance with applicable securities laws, which fees aggregated $12,500 and were paid by issuance of an aggregate of 8,333 units at deemed price of $1.50 per finder's unit, with each finder's unit comprising one multiple voting share and one share purchase warrant, which such warrant may be exercised by the holder to purchase one further multiple voting share at an exercise price of for $1.75 per share at any time on or before the earlier of: (i) Dec. 31, 2027; or (ii) two business days after completion of a change of control.

The gross proceeds are proposed to be used to carry out or participate in an exploration program on properties in Ontario for the purpose of determining the existence, location, extent and quality of the mineral resources located thereon, the costs of which will constitute qualifying expenses for flow-through shares within the meaning of such term under the Income Tax Act (Canada) for renunciation to subscribers for such flow-through units in the private placement.

All of the securities issued pursuant to this private placement are subject to a four-month hold period.

About The Canadian Chrome Company Inc.

Canadian Chrome Company is an exploration-stage company that is focused on identification, acquisition, consolidation, exploration, development and evaluation of large-scale deposits of minerals, including chromite in the Ring of Fire, as well as other base metals and strategic minerals, and, where applicable, support for the development of transportation and electrification links to access remote areas where these deposits may be located.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.