KWG Resources Inc. has terminated the meeting of its shareholders which had been adjourned to 11:00 o'clock on Friday, October 12, 2018. The purpose of the adjournment was to solicit votes in favour of a special resolution to amend the Articles of Incorporation of the Company to provide its Board of Directors with authority to issue special shares. While a large majority of the shareholders voting supported the amendment [...]
KWG Resources Inc. has advised the Canadian Securities Exchange that it will extend for a further 120 days from today, the time within which existing options to acquire additional Convertible Debentures of the Corporation may be exercised. As previously announced the Company received CSE approval for a private placement to a maximum of $3,000,000 of debentures convertible at the option of KWG into units with a deemed [...]
KWG Resources Inc. is pleased to announce the results of the annual and special meeting of shareholders held September 11, 2018. Shareholders holding an aggregate of 410,411,070 votes were present or represented by proxy at the Meeting. The shareholders voted in favour of four of the items tabled at the Meeting, namely: the re-appointment of UHY McGovern Hurley LLP as auditors of the Company, which was approved by 98.58 [...]
KWG Resources Inc. announces that today it disposed of 8,450,000 common shares in the capital of Debut Diamonds Inc. at a price of $0.005 per Common Share through the Canadian Securities Exchange. Prior to disposing of such Common Shares, KWG owned or controlled 131,515,500 Common Shares representing approximately 64.40% of the issued and outstanding Common Shares of Debut Diamonds. As a result of the above-noted [...]
KWG Resources Inc. announces that on September 4, 2018, it disposed of 3,000,000 common shares in the capital of Debut Diamonds Inc. at a price of $0.005 per Common Share through the Canadian Securities Exchange. Prior to disposing of such Common Shares, KWG owned or controlled 134,515,500 Common Shares representing approximately 65.9% of the issued and outstanding Common Shares of Debut Diamonds. As a result of the [...]
KWG Resources has been requested by staff of the Ontario Securities Commission to publish the following tabulation of its mineral resources, for clarification of information contained in its Press Release No. 276 dated March 5th, 2018: Mineral Resources Table To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/1936/36063_a1531932174250_72.jpg About KWG: KWG is the Operator of [...]
KWG Resources Inc. has been requested by staff of the Ontario Securities Commission to publish the following clarification of information contained in its Press Release No. 276 dated March 5th, 2018: Anticipated future production of chromium ores from the Ring of Fire properties is hypothetical and has no basis in any mining study; and Chromium resources in the Ring of Fire area are only mineral resources and economic [...]
KWG Resources has advised the Canadian Securities Exchange that it will extend to September 28, 2018 the time within which options to acquire additional Convertible Debentures of the Corporation may be exercised. As previously announced the Company received CSE approval for a private placement to a maximum of $3,000,000 of debentures convertible at the option of KWG into units with a deemed value of $21 per unit under [...]
KWG Resources is pleased to host the Honourable Maxime Bernier in a post provincial election talk on mining in Ontario, June 14th, 2018, at the KWG offices. "Maxime Bernier supports our vision that the development of the Ring of Fire can be expedited by the needed transportation infrastructure being built and owned by a transportation authority", commented KWG CEO Frank Smeenk. Said Mr. Bernier, "As a politician, I know [...]
KWG Resources is honoured to have been invited to give the opening presentation to the International Chromium Development Association Annual Meeting in Paris, on April 25th as part of ICDA's focus on the Ring of Fire. Moe Lavigne, KWG Vice-President of Exploration & Development will follow Marten Falls First Nation Chief Bruce Achneepineskum to provide the convention with the history of the area and the discoveries and [...]
KWG Resources is pleased to announce that it obtained approval from the Canadian Securities Exchange to increase the previously announced private placement to a maximum of $3,000,000 of debentures convertible at the option of KWG into units with a deemed value of $21 per unit. Each subscriber will receive an option to acquire an equal amount of additional debentures at any time within 120 days from closing. Each Unit will [...]
KWG Resources is very pleased to announce that David Crotin has been appointed President & Chief Executive Officer of FERROCHROME DIGITAL CORP, a wholly-owned subsidiary of KWG. David has also agreed to be appointed to the Board of Directors of KWG in place of Thomas Pladsen following his recent resignation, such appointment expected to be made at the next meeting of KWG's Board of Directors. FERROCHROME DIGITAL CORP has [...]