KWG Resources Inc.

KWG Resources Inc. , which carries on business as The Canadian Chrome Company is pleased to announce the closing today of the first tranche of its previously announced private placement of up to $5,000,000 of Series CD-2024 convertible debentures . This first tranche was comprised of an aggregate of $1,488,150 of Debentures. The Company paid to the subscribers a premium equal to 20% of the original aggregate principal [...]

KWG Resources Inc. , which carries on business as The Canadian Chrome Company is pleased to announce the increase of its previously announced private placement of Series CD-2024 convertible debentures by an additional $3,000,000, bringing the proposed Private Placement up to $5,000,000 Debentures on the same terms as previously announced . The closing of the Private Placement is anticipated to be completed by July 31 [...]

KWG Resources Inc. , which carries on business as The Canadian Chrome Company is pleased to announce a proposed private placement of up to $2 million of Series CD-2024 convertible debentures . The Debentures will be repayable at the Company's option at any time in whole or in part in cash on not less than 30 days' notice or convertible into units at the Company's option at any time after the first anniversary of the date [...]

KWG Resources Inc. , which carries on business as The Canadian Chrome Company , reports that it has amended its agreement of January 18, 2021 with Tony Marquis relating to KWG's wholly-owned subsidiary, Canada Chrome Corporation , and the potential conversion of CCC's equity into multiple voting shares of KWG, as follows: Tony will continue as the sole director of CCC at the pleasure of KWG; Tony's right to tender unpaid [...]

KWG Resources Inc. , which carries on business as The Canadian Chrome Company is pleased to announce two proposed private placements - up to $2 million of Series CD-2023 Convertible Debentures and up to $5 million of flow-through units . Convertible Debentures The Debentures will be convertible into units with a deemed value of $3.00 per Unit at the holder's option at any time prior to payment in cash. The Debentures will [...]

KWG Resources Inc. , which carries on business as The Canadian Chrome Company is pleased to announce that the time to exercise 551,540 warrants to purchase CACR.A multiple voting shares in the capital of the Company issued from March 17, 2022 to November 2, 2022 has been extended to the earlier of September 29, 2026 or a change of control event . The Warrants were first issued upon conversion of various debentures issued [...]

KWG Resources Inc. , which carries on business as The Canadian Chrome Company is pleased to announce it has received from the Ministry of Mining, Exploration Permit PR-23-000242 for the conduct of further drilling at the Black Horse Project. The permit will have a term of 3 years from its issue on September 15, 2023. About The Canadian Chrome Company: KWG, which carries on business as The Canadian Chrome Company, is the [...]

KWG Resources Inc. , which carries on business as The Canadian Chrome Company announces that Fiona Blondin has tendered her resignation from the Company's Board of Directors due to other responsibilities that she is about to undertake in Ontario's power industry, in addition to her recent appointment to the Board of Directors of VIA HFR. KWG is grateful for Fiona's guidance in its formulation of an indigenously-owned Ring [...]

KWG Resources Inc. , which carries on business as The Canadian Chrome Company announces that its agreement to acquire all of the issued and outstanding special shares of The Magpie Mines Inc. has been amended to provide for the Company to set the first closing date on not less than thirty days' notice to the Vendors, such First Closing Date to be on or before July 28, 2024. As the Company believes that the first closing [...]

KWG Resources Inc. , which carries on business as The Canadian Chrome Company announces that it agreed today to acquire all of the issued and outstanding special shares of The Magpie Mines Inc. . A majority of the special shares have the right to elect a majority of the Board of Directors of Magpie Mines. As a term of the Acquisition, metallurgical researcher and advisor Fouad Kamaleddine, Ph.D., and renowned exploration [...]