CCC Announces Extension of Private Placement of Units

Not for distribution to U.S. newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, into the United States

The CanadianChrome Company Inc.

PRESS RELEASE

No. 395

Subordinate shares issued & outstanding (CSE-CACR)

1,802,612,932

Convertible into Multiple-voting shares (100:1) equal to:

18,026,129

Multiple-voting shares issued & outstanding:

14,748,219

If all shares convert to Multiple-voting (CSE-CACR.A)

32,774,348

Toronto, Ontario, May 1, 2026 – The Canadian Chrome Company Inc., formerly known as KWG Resources Inc. (CSE: CACR) (CSE: CACR.A) (“CCC” or the “Company”), is pleased to announce the extension for an additional 45 days of its previously announced private placement of up to 10,714,285 units (each a “Unit”) at a price of $1.40 per Unit for aggregate gross proceeds of up to $15,000,000 (the “Offering”) (see news release dated March 18, 2026).

The terms of the Offering are that each Unit will be comprised of one (1) multiple voting share of the Company (a “Multiple Voting Share”) and one (1) Multiple Voting Share purchase warrant (a “Warrant”), with each Warrant enabling its holder to purchase one further Multiple Voting Share from treasury upon payment of an exercise price of $1.50 at any time prior to the earlier of (i) five (5) years from the date of the first closing of the Offering or (ii) two business days after a change of control of the Company.

The Company will pay finder’s fees of up to 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 will be payable in Units at deemed price of $1.40 per Unit.

All of the securities to be issued pursuant to the Offering will be subject to a four (4) month hold period.

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, support for 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 Phone: 416-642-3575 Email: 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 because 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.

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