The Canadian Chrome Company Inc. Provides Update on Trading Activity and Corporate Developments

Rhea-AI Summary

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.

Positive

• Warrant exercise by CEO provided immediate working capital
• Multiple NDAs signed permitting substantive third-party discussions
• Management focused on advancing strategic objectives for shareholders

Negative

• Heightened trading with no disclosed catalyst creates investor uncertainty
• A non-arm's length private placement is being negotiated (possible dilution/governance concerns)
• Securities rules (NI 43-101) limit disclosures, leaving shareholders with restricted information

News Market Reaction – KWGBF

-12.50%

1 alert

-12.50% News Effect

On the day this news was published, KWGBF declined 12.50%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Toronto, Ontario--(Newsfile Corp. - November 13, 2025) -  The Canadian Chrome Company Inc. (CSE: CACR) (CSE: CACR.A),  formerly KWG Resources Inc. (the "Company") announces that in light of heightened trading volumes in our shares and ongoing public interest in the Ring of Fire region, (thanks to World Series Commercials) we wish to give our shareholders the following update:

The Company is not aware of any specific initiatives or plans that would explain the recent increase in trading activity of its shares.

Our management team is focused on advancing the Company's strategic objectives to the advantage of all shareholders. However, securities regulations, including National Instrument 43-101, strictly limit the nature and timing of disclosures we can make.

CCC has recently entered into several non-disclosure agreements with third parties. These agreements permit discussions that we believe hold meaningful potential. We will provide further details as soon as we are legally and practically able to do so.

As well, the Company announces that a warrant previously held by its CEO to acquire treasury shares (expiring December 31, 2025) has been exercised ahead of schedule, providing immediate working capital. Terms for a related non-arm's length private placement are also in the final stages of negotiation and will be disclosed upon completion.

We want to tell our partners, our shareholders, that we understand that the limited nature of the information we can share with them is frustrating. This limitation does not reflect the value that we place on their loyalty and their patience.

About The Canadian Chrome Company Inc.

The Canadian Chrome Company Inc. 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, in the development of transportation and electrification links to access remote areas where these deposits may be located.

For further information, please contact:
Bruce Hodgman, Vice-President: 416-642-3575 ~ info@canadachrome.com

Forward-Looking Statements: Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.

Disclaimer: Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274354

FAQ

What did KWGBF announce on November 13, 2025 about trading activity?

The company said it is not aware of any specific initiatives

Did KWGBF report any financing on Nov 13, 2025 that affects working capital?

Yes — a warrant previously held by the CEO (expiring Dec 31, 2025) was exercised early, providing immediate working capital.

What corporate transactions did KWGBF disclose on Nov 13, 2025?

The company disclosed signing several NDAs with third parties and that terms for a non-arm's length private placement are in final negotiation.

Will KWGBF provide more details about the NDAs and private placement?

The company said it will provide further details as soon as it is legally and practically able to do so.

How do securities rules affect KWGBF's disclosures about recent developments?

KWGBF cited securities regulations, including NI 43-101, as restricting the nature and timing of permissible disclosures.