CCC ANNOUNCES PROPOSED PRIVATE PLACEMENT OF UNITS

The Canadian Chrome Company Inc. (CSE: CACR) has announced a proposed private placement offering to raise up to $15 million through the issuance of 10,714,285 units priced at $1.40 each. Each unit comprises one multiple voting share and one warrant exercisable at $1.50 for five years, targeting accredited investors under prospectus-exempt provisions. The financing represents a significant capital raise for the exploration-stage company, which operates under a dual-class share structure with both subordinate and multiple voting shares outstanding.

The proceeds will be strategically deployed to advance the company's core business of acquiring, exploring, and developing large-scale chromite and base metal deposits, with particular focus on Ontario's Ring of Fire region. This funding will support operational overhead, exploration activities, and development costs as CCC continues building its mineral asset portfolio. The Ring of Fire represents one of Canada's most significant undeveloped mineral districts, containing substantial chromite resources alongside other strategic minerals.

The financing structure includes standard terms for private placements, with a four-month hold period on securities and finder's fees up to 5% payable in units. The $1.50 warrant exercise price represents a 7% premium to the unit price, providing additional capital potential if the company's share price appreciates. For a company focused on critical mineral exploration in a strategically important region, this financing provides essential working capital to advance exploration programs and support infrastructure development initiatives.

The timing of this capital raise aligns with renewed government and industry focus on developing Canada's critical mineral resources, particularly chromite for stainless steel production. As CCC continues consolidating interests in the Ring of Fire, this financing positions the company to capitalize on growing demand for strategic minerals while supporting the broader development of transportation and electrification infrastructure needed to unlock remote mineral deposits in northern Ontario.