The Canadian Chrome Company Announces ...
The Canadian Chrome Company (CSE: CACR), formerly known as KWG Resources, has announced the transfer of 299 mineral claims within its utility corridor to The Gitchiziibii Company, which will hold them in trust for Matawa Management as Trustee for the Matawa First Nations. The transfer was strategic as these claims were at risk of forfeiture, which could have disrupted access to the valuable Black Horse and Black Thor chromite deposits.
The Canadian Chrome Company (CSE: CACR), precedentemente nota come KWG Resources, ha annunciato il trasferimento di 299 concessioni minerarie all'interno del suo corridoio di utilit脿 a favore di The Gitchiziibii Company, che le deterr脿 in trust per Matawa Management in qualit脿 di trustee per le Matawa First Nations. Il trasferimento 猫 stato strategico, poich茅 tali concessioni rischiavano la perdita per decadenza, evento che avrebbe potuto compromettere l'accesso ai preziosi giacimenti di cromite Black Horse e Black Thor.
The Canadian Chrome Company (CSE: CACR), anteriormente conocida como KWG Resources, ha anunciado la transferencia de 299 concesiones minerales dentro de su corredor de servicios a The Gitchiziibii Company, que las mantendr谩 en fideicomiso para Matawa Management como fiduciario de las Matawa First Nations. La transferencia fue estrat茅gica, ya que esas concesiones estaban en riesgo de perderse por caducidad, lo que podr铆a haber interrumpido el acceso a los valiosos dep贸sitos de cromita Black Horse y Black Thor.
The Canadian Chrome Company (CSE: CACR)電� 鞚挫爠 氇呾弓 KWG Resources臧� 鞚挫棃鞙茧┌, 鞛愳泊 鞙犿嫺毽嫲 須岆瀾 雮挫潣 299臧� 甏戨 毂勱荡甓�鞚� The Gitchiziibii Company搿� 鞚挫爠頄堧嫟瓿� 氚滍憸頄堨姷雼堧嫟. 頃措嫻 須岇偓電� 鞚措ゼ Matawa First Nations毳� 鞙勴暅 靾橅儊鞛愲靹� Matawa Management毳� 鞙勴暣 鞁犿儊 氤挫湢頃� 鞓堨爼鞛呺媹雼�. 鞚� 鞚挫爠鞚� 鞝勲灥鞝� 瓴办爼鞚挫棃電旊嵃, 頃措嫻 毂勱荡甓岆摛鞚� 氇办垬霅� 鞙勴棙鞚� 鞛堨柎 攴�欷戫暅 韥‖甏� 毵れ灔歆�鞚� Black Horse 氚� Black Thor鞐� 雽�頃� 鞝戧芳鞚� 彀嫧霅� 靾� 鞛堨棃旮� 霑岆鞛呺媹雼�.
The Canadian Chrome Company (CSE: CACR), anciennement connue sous le nom de KWG Resources, a annonc茅 le transfert de 299 claims miniers situ茅s dans son couloir de services 脿 The Gitchiziibii Company, qui les d茅tiendra en fiducie pour Matawa Management en tant que fiduciaire des Matawa First Nations. Le transfert 茅tait strat茅gique, ces claims 茅tant menac茅s de radiation, ce qui aurait pu compromettre l'acc猫s aux pr茅cieux gisements de chromite Black Horse et Black Thor.
The Canadian Chrome Company (CSE: CACR), ehemals bekannt als KWG Resources, hat die 脺bertragung von 299 Bergbauanspr眉chen innerhalb ihres Versorgungs-Korridors an The Gitchiziibii Company angek眉ndigt, die diese treuh盲nderisch f眉r Matawa Management als Treuh盲nder der Matawa First Nations halten wird. Die 脺bertragung war strategisch wichtig, da diese Anspr眉che vom Verlust durch Verfall bedroht waren, was den Zugang zu den wertvollen Chromitvorkommen Black Horse und Black Thor h盲tte beeintr盲chtigen k枚nnen.
- Strategic preservation of access to Black Horse and Black Thor chromite deposits
- Prevention of claim forfeiture maintaining competitive economic value
- Transfer of 299 mineral claims reduces direct company control over assets
Toronto, Ontario--(Newsfile Corp. - August 28, 2025) - The Canadian Chrome Company Inc. (CSE: CACR) (CSE: CACR.A) (formerly KWG Resources Inc.) ("CCC", "KWG" or the "Company") is pleased to announce that it has transferred 299 mineral claims within its utility corridor, to The Gitchiziibii Company in Trust for Matawa Management as Trustee for the Matawa First Nations, AS THEIR INTERESTS MAY APPEAR. The claims were at risk of being forfeited, thus interrupting the contiguity of access to the Black Horse and Black Thor chromite deposits, which constitute their unique and substantial competitive economic value.
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 ~ [email protected]
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 CCC 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
FAQ
What mineral claims did The Canadian Chrome Company (CACR) transfer in August 2025?
Why did The Canadian Chrome Company transfer its mineral claims to The Gitchiziibii Company?
What are the key chromite deposits affected by The Canadian Chrome Company's claim transfer?
What is the new name of KWG Resources Inc?
