CCC ANNOUNCES THE DATE OF ITS SHAREHOLDER MEETING AND THE EXTENSION OF CERTAIN WARRANTS

The Canadian Chrome Company Inc. has announced key corporate governance updates, including scheduling its annual and special shareholder meeting for June 24, 2026, with a record date of May 20, 2026. The company has also executed a strategic warrant extension, extending the expiry date of 175,991 warrants to purchase multiple voting shares until the earlier of April 24, 2028, or a change of control event.

The warrant extension represents a significant financial instrument adjustment for the chromite exploration company. These warrants, exercisable at $3.00 per multiple voting share, were originally issued between April 2024 and April 2026, with some issued as accrued interest payments on Series 2023 convertible debentures and others issued when debenture holders exercised conversion rights. The maximum term for any warrant is four years from initial issuance, providing warrant holders with extended optionality.

The Canadian Chrome Company operates as an exploration-stage entity focused on large-scale mineral deposits, particularly chromite in Ontario's Ring of Fire region, along with other base metals and strategic minerals. The company's dual-class share structure includes both subordinate shares and multiple voting shares, with approximately 1.8 billion subordinate shares outstanding that convert to multiple voting shares at a 100:1 ratio.

This warrant extension likely reflects management's confidence in the company's long-term prospects while providing additional financial flexibility. The timing coincides with the company's annual meeting cycle and ongoing development activities in the strategically important Ring of Fire region, which has garnered significant attention for its critical mineral potential and infrastructure development needs.