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CCC Announces Closing of the Private Placement of Flow-Through Units
Toronto, Ontario--(Newsfile Corp. - December 31, 2025) - The Canadian Chrome Company Inc., (CSE: CACR) (CSE: CACR.A) formerly known as KWG Resources Inc. ("CCC" or the "Company") is pleased to announce the closing today of its previously announced non-brokered flow-through private placement (the "Private Placement") (see the Company's news release dated December 11, 2025) by issuance of an aggregate of 13,250 flow-through units (each a "Flow-Through Unit") at a price of $20.00 per Flow-Through..
About this update from Canadian Chrome Company Inc.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - December 31, 2025) - The Canadian Chrome Company Inc., (CSE: CACR) (CSE: CACR.A) formerly known as KWG Resources Inc. ("CCC" or the "Company") is pleased to announce the closing today of its previously announced non-brokered flow-through private placement (the "Private Placement") (see the Company's news release dated December 11, 2025) by issuance of an aggregate of 13,250 flow-through units (each a "Flow-Through Unit") at a price of $20.00 per Flow-Through Unit for aggregate gross proceeds of $265,000. Each Flow-Through Unit is comprised of ten (10) multiple voting shares of the Company (each, a "Multiple Voting Share") issued on a "flow-through" basis in accordance with the Income Tax Act (Canada) (each, a "Flow-Through Share") and five (5) warrants of the Company (each, a "Flow-Through Warrant") 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) December 31, 2026 or (ii) two (2) business days after completion of a take-over 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 (each a "Change of Control").","length":1742,"tagName":"p"},{"type":"text","content":"The Company paid a finder's fees of 5% 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 (each, a "Finder's Unit") at deemed price of $1.50 per Finder's Unit, with each Finder's Unit being comprised of one (1) Multiple Voting Share and one (1) share purchase warrant (a "Warrant") which such Warrant may be exercised by the holder t...