KWG announces to commence trading on CSE as CACR and CACR.A on July 14, 2023
SHARES OF KWG RESOURCES INC. (CARRYING ON BUSINESS AS THE CANADIAN
CHROME COMPANY) TO COMMENCE TRADING ON CSE AS CACR AND CACR.A ON JULY
14, 2023
Toronto, Canada, July 12, 2023 – KWG Resources Inc. , which carries on business as The
Canadian Chrome Company (“CCC” or the “Company”) (The Canadian Chrome Company is a
registered business style of KWG Resources Inc. ) announces that it s shares will commence
trading under the ticker symbols CACR and CACR.A on Friday, July 14, 2023.
The shares are listed for trading on the Canadian Securities Exchange in two classes: multiple
voting shares (which will trade under the trading symbol CACR.A) and subordinate voting shares
(which will trade under the trading symbol CACR). Each multiple voting share is exchangeable at
any time into 100 subordinate voting shares and 100 subordinate voting shares are exchangeable
at any time into one (1) multiple voting share. Each multiple voting share entitles the holder to one
hundred 100) votes at shareholder meetings and each subordinate voting share entitles the holder
to one (1) vote at shareholder meetings.
About The Canadian Chrome Company:
KWG, which carries on business as The Canadian Chrome Company, is the owner of 100% of the
Black Horse chromite project (formerly part of Fancamp’s “Koper Lake- McFaulds” properties) in
which Bold Ventures Inc. is carried through exploration of the former Fancamp claims for 10% of
the chromite project. KWG also holds other area interests including a 100% interest in the Hornby
claims, a 15% vested interest in the McFaulds copper/zinc project and a vested 30% interest in the
Big Daddy chromite project. KWG also owns 100% of C anada Chrome Corporation (“CCCorp”)
which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. CCCorp
has conducted a surveying and soil testing program to assess the prospects for the engineering
and construction of a railroad along that route between the Ring of Fire and Aroland, Ontario
covering the claims staked by CCC orp. CCCorp engaged Cormorant Utilities and Rail -Veyor
Technologies for Engineering Proposals for the construction of a transportation and utility corridor
within the route and has received those proposals. KWG has also acquired intellectual property
interests, including a method for the direct reduction of chromite to metalized iron and chrome using
natural gas. KWG subsidiary Muketi Metallurgical LP has acquired two chromite-refining patents in
Canada and one in each of the USA, South Africa and Kazakhstan, and is prosecuting an
application in Turkey.
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
KWG
PRESS RELEASE NO.347
Subordinate shares issued & outstanding (CSE-KWG) 1,223,779,432
Convertible into Multiple-voting shares (100:1) equal to: 12,237,794
Multiple-voting shares issued & outstanding: 8,109,337
If all shares convert to Multiple-voting (CSE-KWG.A) 20,347,131
2
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 KWG 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 bel ieves that the expectations represented in such forward-looking statements are
reasonable, there can be no assurance that such expectations will prove to be correct. 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.