TORONTO, CANADA--(Marketwired - Apr 19, 2016) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") has received subscriptions to complete the $1.5 million private placement of units previously announced, including $0.6 million in settlement of amounts payable to directors, officers, employees and consultants. KWG has closed $1.36 million of subscriptions (including the entire debt settlement) and expects to close the [...]
TORONTO, ONTARIO--(Marketwired - Mar 31, 2016) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") was granted a waiver by the Canadian Securities Exchange of its minimum share issuance price policy in order to complete a private placement of 75 million units for $1,500,000. Each unit will comprise one new treasury share and one warrant; each warrant may be exercised to acquire a further treasury share for $0.05 at any [...]
TORONTO, ONTARIO--(Marketwired - Mar 24, 2016) - KWG Resources Inc. (CSE:KWG) (FRANKFURT:KW6) ("KWG") is very pleased that the Government of Canada made allocations in the budget announced on Tuesday that will assist development of the Ring of Fire. As reported by the Mining Association of Canada, the budget addressed a number of issues that it had raised, including: Investments in key regulatory agencies, such as the [...]
TORONTO, ON--(Marketwired - March 22, 2016) - KWG Resources Inc. (CSE: KWG) (FRANKFURT: KW6) ("KWG") is in the process of filing the National Phase in the above-identified countries under the Patent Cooperation Treaty to seek patent grants for its method to reduce chromite ore to metallics utilizing natural gas, a carbon reductant, and a catalyst formulation. The grant of a patent will be sought for the invention in [...]
TORONTO, ONTARIO--(Marketwired - Mar 14, 2016) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") has filed a Notice of Sale from Control with respect to all of its 144,630,000 common shares of affiliate Debut Diamonds Inc. (CSE:DDI) ("Debut"). The notice provides that the shares will be sold either in whole or in part and either privately or through the facilities of the Canadian Securities Exchange stock market [...]
TORONTO, ONTARIO--(Marketwired - Feb 25, 2016) - The Ontario Court of Appeal has released its judgment in the appeal brought by KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") subsidiary Canada Chrome Corporation ("CCC"). The appeal was dismissed. The judgment confirms that should 2274659 Ontario Inc. make application to the Minister of Natural Resources for the grant of an easement over the CCC claims, the Minister [...]
TORONTO, ONTARIO--(Marketwired - Feb 17, 2016) - KWG Resources Inc. (CSE:KWG) (FRANKFURT:KW6) ("KWG") advises that the Canadian Securities Exchange ("CSE") has granted it a waiver of the minimum price requirement for the listing of new treasury shares that may be issued under the terms of a proposed private placement. The contemplated private placement terms are for an issue of convertible debentures which may be [...]
XI'AN SHAANXI, CHINA--(Marketwired - Jan 19, 2016) - KWG Resources Inc. (CSE:KWG) (FRANKFURT:KW6) ("KWG") and China Railway First Survey & Design Institute Group Co., Ltd. ("FSDI") have signed a Memorandum of Understanding today setting out the terms for mutually proceeding with a feasibility study for the design and financing of a railroad. The parties have agreed that a delegation of FSDI professionals will travel to [...]
KWG to Grant Stock Options, File Revised 43-101 TORONTO, ONTARIO--(Marketwired - Dec 29, 2015) - KWG Resources Inc. (CSE:KWG) (FRANKFURT:KW6) ("KWG") has been advised by China Railway First Survey & Design Institute Group Co., Ltd. ("FSDI") through KWG's agent Golden Share Mining Corp. (TSX VENTURE:GSH) ("GSH"), that an initial analysis by FSDI of KWG's data has been completed. FSDI has indicated that the quality and [...]
TORONTO, ONTARIO--(Marketwired - Dec 9, 2015) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") met on Monday this week with the Mayor, CAO and EDO of the Municipality of Greenstone to discuss mutual plans being pursued by them with the Aroland First Nation for the possible development of beneficiation facilities at Exton, Ontario adjacent to the Aroland First Nation Reservation, in Greenstone's Nakina ward [...]
TORONTO, ONTARIO--(Marketwired - Nov 25, 2015) - A three judge panel of the Ontario Court of Appeal has reserved its decision following arguments presented today by Noront Resources Ltd. and the Attorney General of Ontario to the appeal of KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") subsidiary Canada Chrome Corporation. The Court of Appeal had previously on January 27, 2015 issued an Order granting leave to appeal [...]
TORONTO, ONTARIO--(Marketwired - Nov 24, 2015) - KWG Resources Inc. (CSE:KWG) ("KWG") and China Railway First Survey & Design Institute Group Co., Ltd. ("FSDI") have signed a Confidentiality and Non-Disclosure Agreement arranged by Golden Share Mining Corp. (TSX VENTRUE:GSH) ("GSH"), which includes a three-year standstill provision, to enable the scoping and engineering data of KWG subsidiary Canada Chrome Corporation [...]