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Canadian Chrome issues replacement debentures maturing in 2028 with 5% interest

Company Fundamentals
24 Apr 2026
Newsfile Corp
View Source
Neutral
pluang ai news

The Canadian Chrome Company Inc. has exercised its option to issue replacement debentures to holders of its Series 2023 Debentures, totaling $2,198,500 due on April 24, 2026. These new debentures will mature by April 24, 2028, or earlier if a change of control event occurs, and carry a 5% annual interest rate. They are convertible into units consisting of voting shares and warrants, giving holders potential equity exposure. This move extends the company's debt maturity and offers flexibility in repayment, supporting its ongoing exploration and development projects in mineral deposits, including chromite in the Ring of Fire region.

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