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The latest announcement is out from KWG Resources ( (TSE:CACR) ).
The Canadian Chrome Company has announced a proposed $25 million financing through a private placement of flow-through shares to fund a winter drilling program at the Black Horse Chrome Discovery in the Ring of Fire. This initiative is part of the company’s ongoing efforts to support the development of the Muketi Village and Aerodrome business unit, providing year-round access for exploration and supporting First Nations communities with transportation, electrification, and other services.
More about KWG Resources
The Canadian Chrome Company Inc., formerly known as KWG Resources Inc., operates in the mining industry with a focus on chromite exploration and development. The company is involved in projects within the Ring of Fire region, aiming to enhance infrastructure and support for indigenous communities.
Average Trading Volume: 708,761
Technical Sentiment Signal: Sell
Current Market Cap: C$20.63M
See more insights into CACR stock on TipRanks’ Stock Analysis page.