KWG Resources Inc. has received Letters Patent No. 32526 and Author's Certificate No. 100393 issued by the Kazakhstan Patent Office for About KWG: KWG is the Operator of the Black Horse Joint Venture after acquiring a vested 50% interest through Bold Ventures Inc. which is carried for 10% by KWG funding all exploration expenditures. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a [...]
KWG Resources announces that the reception sponsored by KWG and the Ring of Fire LP, will now be held at The Design Exchange on Monday June 18th, 2018 instead of April 5th, 2018. The purpose of the event is to raise awareness of the present opportunities to accelerate development of the Ring of Fire and to fund the establishment of an association to compile and publish relevant research and data. The revised reception [...]
KWG Resources is pleased to announce the creation of the Ring of Fire LP, a single purpose limited partnership flow-through fund dedicated to funding the costs of drilling and other exploration expenses which will be incurred to support the preparation of a planned comprehensive feasibility study and mining plan for the Black Horse Joint Venture. The Ring of Fire LP was created by Ring of Fire GP Inc., established by [...]
KWG Resources received notification that its application to patent the direct reduction method invention for producing chromium iron alloys directly from chromite ore was accepted by the Registrar for the South African Patent Office on January 12, 2018. Expected date of publication in the Patent Journal is February 28th, 2018. The results of tests undertaken utilizing the method, by Dawei Yu and Dogan Paktunc of Natural [...]
KWG Resources Inc. has been requested by staff of the Ontario Securities Commission to publish clarification of certain matters following an issue oriented review by Staff of the OSC of KWG's continuous disclosure record. The issues clarified are as follows: ● retracting KWG news release 250 which inadvertently combined inferred resources with measured or indicated resources, provided an estimate of the gross value of the minerals discovered in the Ring of Fire and inadvertently referred to chromite as the mineral resource which was the subject of resource estimates ● removal of material and links from KWG's website and social media referring to mineral resource estimates and projections of the gross value of minerals ● retracting statements from KWG's manag... [...]
KWG Resources is pleased to announce closing today of a previously announced private placement of $2,576,908.25 of debentures convertible at the option of KWG into units with a deemed value of $21 per unit. Each subscriber received an option to acquire an equal amount of additional debentures at any time within 120 days from closing. Each Unit is comprised of four KWG.A multiple voting shares and four multiple voting [...]
KWG Resources has received listing approval from the Canadian Securities Exchange to complete a proposed private placement of up to $2,580,000 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 be comprised of four KWG.A multiple [...]
KWG Resources has received from the Canadian Intellectual Property Office the formal Notice of Allowance that a Patent for will be issued upon payment of the specified fee. As permitted, the Company intends to indicate upon publication of the issued Patent that it is available for licence. "This is thrilling news for The Ring of Fire", said KWG CEO Frank Smeenk. "We believe the direct reduction method can be combined with [...]
KWG Resources has received listing approval from the Canadian Securities Exchange to complete a subscription for the private placement of a $2,000,000 debenture convertible into units with a deemed value of $21 per unit plus an Option to acquire a further such debenture at any time within 120 days from closing. Each Unit will be comprised of four KWG.A multiple voting shares and four multiple voting share purchase [...]
Toronto, Ontario--(Newsfile Corp. - October 3, 2017) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG") has completed the private placement of a $500,000 debenture convertible into units with a deemed value of $21 per unit, plus an Option to acquire a further such debenture at any time within 120 days, all on the terms announced in its Press Release yesterday (#268). About KWG: KWG is the Operator of the [...]
KWG Resources has received listing approval from the Canadian Securities Exchange to complete a subscription for the private placement of a $500,000 debenture convertible into units with a deemed value of $21 per unit plus an Option to acquire a further such debenture at any time within 120 days from closing. Each Unit will be comprised of four KWG.A multiple voting shares and two multiple voting share purchase warrants [...]
KWG Resources announces a proposed private placement of up to $5,000,000 of principal amount of convertible debentures, convertible into Units, in respect of which KWG has made application to the Canadian Securities Exchange for listing approval of such Units to be issued upon completion of two subscriptions of $500,000 each to a private placement of convertible debentures. Upon completion of the first subscription of [...]
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