TORONTO, ONTARIO--(Marketwired - Sep 18, 2015) - The Board of Directors of KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") has granted options to purchase 40,714,000 shares under its Incentive Stock Option Plan. The options are exercisable for 5 years at $0.05 which is the minimum price permitted under the Company's listing agreement with the Canadian Securities Exchange. Options to purchase 11,185,000 shares were [...]
TORONTO, ONTARIO--(Marketwired - Aug 21, 2015) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") announces that further to an agreement announced June 5, 2015, it will issue 4 million treasury shares at $0.025 to MacDonald Mines Exploration Ltd. to acquire the 5-claim Hornby Property. Under the terms of the agreement the vendor will retain a 2% NSR, half of which may be purchased by KWG for $1 million at any time [...]
TORONTO, ONTARIO--(Marketwired - Jul 20, 2015) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") has received an updated geological report and calculation of the resources inferred from drilling data done to date from the Black Horse chromite deposit. The technical report, entitled "National Instrument 43-101 Technical Report, Koper Lake Project Chromite Deposit, McFaulds Lake Area, Ontario, Canada, Porcupine Mining [...]
TORONTO, ONTARIO--(Marketwired - Jul 14, 2015) - With respect to the appeal of the decision of the Divisional Court of the Ontario Superior Court of Justice released July 30, 2014, counsel for the parties have agreed with the Registrar of the Court of Appeal for Ontario to conduct the hearing previously scheduled for October 20th, 2015 on November 25th, 2015 instead. Factums filed by the Appellant [...]
TORONTO, ONTARIO--(Marketwired - June 30, 2015) - The meeting of the shareholders of KWG Resources Inc. (CSE:KWG)(FRANKFURT:KWG6) ("KWG") was concluded this morning. Cynthia Thomas, Douglas Flett, Thomas Pladsen, Donald Sheldon and Frank Smeenk were re-elected as directors and Frank Smeenk and Thomas Masters were then respectively re-appointed as the Company's President and Chief Financial Officer. The special resolution [...]
TORONTO, ONTARIO--(Marketwired - Jun 29, 2015) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KWG6) ("KWG") has now acquired one hundred percent of the ownership rights in two United States provisional patent applications relating to the production of chromium iron alloys directly from chromite ore, and the production of low carbon chromium iron alloys directly from chromite concentrates (the "Chromium IP") announced on April [...]
TORONTO, ONTARIO--(Marketwired - June 5, 2015) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) has agreed to acquire the 5-claim Hornby Property from MacDonald Mines Exploration Ltd. for 4 million treasury shares of KWG. The vendor will retain a 2% NSR, half of which may be purchased by KWG for $1 million at any time prior to production from the property. KWG will also have the first right to buy the balance of the NSR at [...]
TORONTO, ONTARIO--(Marketwired - Jun 1, 2015) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) reports that the Registrar of the Ontario Court of Appeal has notified the parties that October 20th, 2015 has been fixed for the hearing of the appeal of Canada Chrome Corporation ("KWG/CCC") of the decision of the Divisional Court of the Ontario Superior Court made in July 2014 overturning the decision of the Ontario Mining and [...]
TORONTO, ONTARIO--(Marketwired - May 28, 2015) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) reports that its subsidiary Canada Chrome Corporation ("KWG/CCC") has filed the materials required to perfect its appeal at the Ontario Court of Appeal. A hearing date will be scheduled by the Court's Registrar. The respondent 2274659 Ontario Inc. and the intervenor the Minister of Northern Development and Mines will have until [...]
TORONTO, ONTARIO--(Marketwired - Apr 22, 2015) - KWG Resources Inc. (CSE:KWG)(TSX VENTURE:KWG)(FRANKFURT:KW6)(OTCBB:KWGBF) is extremely encouraged by the Federal Budget tabled by Federal Finance Minister Joe Oliver on April 21st. It was announced that the federal government will dedicate $23 million over five years from Natural Resources Canada to "stimulate the technological innovation needed to separate and develop rare [...]
TORONTO, ONTARIO--(Marketwired - Mar 23, 2015) - KWG Resources Inc. ("KWG") (CSE:KWG)(TSX VENTURE:KWG)(FRANKFURT:KW6)(OTCBB:KWGBF) is pleased to have been invited to talks with Noront Resources Ltd. ("Noront") when informed this morning of the proposed purchase by Noront of the Ring of Fire assets of Cliffs Quebec Iron Mining ULC. "This is positive news for us," said KWG CEO Frank Smeenk. "Noront CEO Al Coutts has [...]
TORONTO, ONTARIO--(Marketwired - Mar 17, 2015) - KWG Resources Inc. (CSE:KWG)(TSX VENTURE:KWG)(FRANKFURT:KW6)(OTCBB:KWGBF) announces that its Board of Directors has approved the delisting of its common shares from the TSX Venture Exchange (the "TSXV") and that it is in the process of making an application to the TSXV concerning such delisting. As described in KWG's Press Release of March 13, 2015, the delisting is [...]