Welcome to our dedicated page for Canadian Chrome news (Ticker: KWGBF), a resource for investors and traders seeking the latest updates and insights on Canadian Chrome stock.
The Canadian Chrome Company Inc. (KWGBF), associated with CSE symbols CACR and CACR.A, generates news primarily around its chromite and mineral exploration activities in Ontario’s Ring of Fire and related infrastructure initiatives. Company news releases describe an exploration stage focus on the identification, acquisition, consolidation, exploration, development and evaluation of large-scale deposits of minerals including chromite, as well as other base metals and strategic minerals in remote regions.
Readers following this news stream will find updates on exploration permits and drilling plans at assets such as the Black Horse chromite deposit in the Koper Lake Project and the Hornby Property in the James Bay Lowlands. The company also reports on developments affecting its mineral exploration claims, including the status of Corridor Claims along a proposed transportation and electrification route between Nakina and the Ring of Fire, and related appeals under Ontario’s Mining Act.
Another recurring news theme is the company’s collaboration with First Nations and other stakeholders on transportation and electrification links, such as memoranda of agreement supporting geotechnical work for the proposed Northern Road Link and other access roads. Corporate and capital markets updates are also covered, including name change approvals, shareholder meeting results, debenture conversions into multiple voting shares and warrants, and proposed private placements or investment transactions, such as the proposed acquisition of an interest in Newcon International Ltd. (Newcon Optik).
Investors and observers can use this page to review the company’s official disclosures on exploration progress, claim status, infrastructure-related agreements, and financing plans, all of which shape the evolving story of The Canadian Chrome Company’s role in the Ring of Fire region.
Canadian Chrome Company (KWGBF) updated its Ring of Fire exploration program and the status of Corridor Claims intended for transfer to an indigenous enterprise.
The company holds Exploration Permit PR-23-000242 for drilling at the Black Horse deposit (Koper Lake Project), valid three years and currently expiring September 15, 2026. Canada Chrome placed Corridor Claims in trust with an Indigenous trustee for transfer to a Proposed Indigenous Enterprise, but transfers could not be recorded because claim expiry dates had passed. The Provincial Mining Recorder has proceeded to record forfeitures while the company’s appeals to the Minister remain under consideration; the area was withdrawn from staking during the appeal.
The Canadian Chrome Company (KWGBF) highlighted renewed public and government focus on the Ring of Fire region and endorsed commentary on its strategic mineral potential, notably chromite. The company noted a new 30% federal tax credit for flow-through shares in chromium exploration and said this incentive could boost investor participation. The company plans a private placement of flow-through shares to fund a drilling program at its Black Horse chromium occurrence and holds a drilling permit valid until September 15, 2026. A news release with placement terms will be issued in the near future.
The Canadian Chrome Company (KWGBF) provided an update on heightened share trading and corporate steps on November 13, 2025. Management said it is not aware of specific initiatives explaining the trading increase and cited securities rules limiting disclosures.
The company disclosed it has entered several non-disclosure agreements with third parties and that a warrant held by the CEO (expiring December 31, 2025) was exercised early, providing immediate working capital. Terms for a related non-arm's length private placement are in final negotiation and will be disclosed when complete.
The Canadian Chrome Company Inc. (CSE: CACR) has issued a response to clarify misunderstandings regarding their August 28, 2025 news release about the Ring of Fire development project. The company, through its subsidiary Canada Chrome Corporation (CCC), has arranged for Gitchiziibii Company to act as an interim trustee for the Corridor Claims, which are intended to be transferred to an Indigenous Enterprise benefiting Matawa First Nations members.
The company's vision includes developing transportation and electrification systems along the Corridor Claims to serve both mining operations and Indigenous communities. CEO Frank Smeenk emphasized their 15-year history of supporting First Nations access and services in the James Bay Lowlands, including backing Marten Falls First Nation's Muketi village and Aerodrome development proposal.
The Canadian Chrome Company (CSE: CACR) has announced that its subsidiary, Canada Chrome Corporation (CCC), has signed a supplementary memorandum of agreement with AtkinsRéalis Canada Inc. for the Northern Road Link project. The agreement grants temporary access rights for geotechnical investigation and aggregate testing along CCC's proposed 330-kilometer Utility Corridor in northwestern Ontario.
The agreement allows for thirteen borehole locations to be tested for up to one year, with work expected to commence around September 15, 2025. This initiative supports the environmental assessment for a multi-use all-season road connecting the Marten Falls Community Access Road and Webequie Supply Road, benefiting both the Ring of Fire mining development and First Nations communities in the James Bay Lowlands.
The Canadian Chrome Company (CSE: CACR), formerly known as KWG Resources, has announced the transfer of 299 mineral claims within its utility corridor to The Gitchiziibii Company, which will hold them in trust for Matawa Management as Trustee for the Matawa First Nations. The transfer was strategic as these claims were at risk of forfeiture, which could have disrupted access to the valuable Black Horse and Black Thor chromite deposits.
KWG Resources (CSE: CACR), operating as The Canadian Chrome Company, has announced its decision to convert $2.54 million worth of Series 2024 convertible debentures into shares and warrants. The conversion will take place on August 5, 2025, following the first anniversary of the debentures' issuance.
The conversion will transform $2.5 million in principal and $43,495.70 in accrued interest into 2,119,699 Multiple Voting Shares and an equal number of warrants at a conversion price of $1.20 per unit. Each warrant will allow holders to acquire one additional Multiple Voting Share at $1.20 per share, exercisable until March 31, 2029, or within two business days of a qualifying takeover event.
KWG Resources (CSE: CACR), currently doing business as The Canadian Chrome Company, has announced plans to officially change its corporate name to The Canadian Chrome Company Inc. following shareholder approval at their July 18, 2025 annual meeting. The company intends to file Articles of Amendment to implement this name change on or around August 2, 2025.
KWG Resources (CSE: CACR), soon to be known as The Canadian Chrome Company, held its annual and special shareholders' meeting on July 18, 2025, with 40.38% of outstanding votes represented. Shareholders approved all four agenda items with overwhelming support, including: the reappointment of McGovern Hurley LLP as auditors (99.06% approval), election of eight board directors, amendments to the stock option plan (96.59% approval), and the company name change (98.75% approval).
KWG Resources (CSE: CACR), operating as The Canadian Chrome Company, has announced plans to acquire up to 50% equity in Newcon International Ltd. (Newcon Optik) in two stages. The first stage involves acquiring a 25% indirect interest valued at approximately CA$14 million, paid in CCC Multiple-Voting Shares at a 15% premium to current trading prices.
Newcon Optik, a manufacturer of night optical equipment and laser-based rangefinders for military and police organizations, has demonstrated strong financial performance with annual net income between $2.9-$6.1 million over the past five years. Additionally, KWG announced a private placement offering of up to 3 million Units at $10.00 each, with each Unit comprising four CCC Multiple-Voting Shares and two Warrants.
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