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 [...]
KWG Resources Inc. , which carries on business as The Canadian Chrome Company announces that its shares will commence trading under the ticker symbols CACR and CACR.A on Friday, July 14, 2023. The shares are listed for trading on the Canadian Securities Exchange in two classes: multiple voting shares and subordinate voting shares . Each multiple voting share is exchangeable at any time into 100 subordinate voting shares [...]
KWG Resources Inc. has registered The Canadian Chrome Company as its business style and is proceeding with an application for its registration as a trademark in Canada. About KWG: KWG is the owner of 100% of the Black Horse chromite project in which Bold Ventures Inc. is carried through exploration of the former Fancamp claims for 10% of the chromite project. KWG also holds other area interests including a 100% interest [...]
KWG Resources Inc. is pleased to announce the release today of an aggregate of $1,300,000 of debentures upon receipt of necessary consents and closing today of the final tranche of its previously announced private placement of convertible debentures comprised of an aggregate of $15,000 of debentures, bringing the total principal amount of debentures issued under all tranches of the Private Placement to $2,388,590. The [...]
KWG Resources Inc. is pleased to announce the closing today of the second and final tranche of its previously announced private placement of convertible debentures . This second tranche was comprised of an aggregate of $1,414,000 of debentures of which an aggregate of $1,350,000 of debentures closed in escrow pending receipt of necessary consents and other matters, bringing the total principal amount of debentures issued [...]
KWG Resources Inc. upon receipt of required approvals, will amalgamate with its wholly-owned subsidiary Canada Chrome Corporation . CCC's assets will be transferred to its affiliate Ring of Fire Transportation & Utilities Inc., also a wholly-owned subsidiary of KWG now. The amalgamated company will adopt the name Canada Chrome Corporation. KWG has acquired license to the business style and word mark "Canada Chrome", for [...]
KWG Resources Inc. is pleased to announce the closing today of the first tranche of a private placement of up to $3,000,000 of convertible debentures . This first tranche was comprised of an aggregate of $959,590 of Debentures. The Company anticipates completing a second tranche of the Private Placement within the next several days. The Debentures are convertible into units with a deemed value of $3.00 per Unit at the [...]
KWG Resources Inc. is pleased to announce that the company's CEO Frank Smeenk was a guest last evening of the TVO Steve Paikin's AGENDA show, which may be seen via this link: The Agenda with Steve Paikin | TVO Today, or: https://kwgresources.com/videos/. About KWG: KWG is the owner of 100% of the Black Horse chromite project in which Bold Ventures Inc. is carried through exploration of the former Fancamp claims for 10% of [...]
KWG Resources Inc. is pleased to announce that it has received from Quantec Geoscience Limited its final report on the magnetotelluric survey recently completed over portions of KWG's Black Horse chromite project in the Ring of Fire area of northern Ontario . The Quantec Report, as well as the Summary thereof, will be filed by the Company on its profile on SEDAR. "The Quantec Report will enable investors to assess the [...]