KWG Resources Inc. is pleased to announce that it has completed its previously announced magnetotelluric survey over portions its Ring of Fire chromite Black Horse project. The survey was conducted over project areas including those shown on the property map below, including 1 line over a target 1 kilometer to the northeast of the Black Horse chromite deposit; and 4 lines over a target 2 to 4 km to the northeast of the [...]
KWG Resources Inc. is pleased to announce the results of the annual and special meeting of shareholders held on February 7, 2023. Shareholders holding an aggregate of 650,247,304 votes were present or represented by proxy at the Meeting. The shareholders voted in favour of all four items tabled at the Meeting, namely: the re-appointment of McGovern Hurley LLP as auditors of the Company, which was approved by 99.56% of the [...]
KWG Resources Inc. is pleased to announce that it will conduct a magnetotelluric survey of its Ring of Fire chromite intrusion's Black Horse project. The survey will cover both the previously drilled portion of the Black Horse project and the undrilled potential target area between the Black Horse's drilled area northward to the south boundary of the Company's Big Daddy joint venture project with Ring of Fire Metals Inc [...]
KWG Resources Inc. has confirmed with the Canadian Securities Exchange the price at which shares may be issued under a proposed private placement of Convertible Debentures to be completed within the next 45 days. The company has also mailed to its shareholders a Management Information Circular for the meeting of shareholders to be convened on February 7, 2023. The mailing included a report to the shareholders as follows [...]
KWG Resources Inc. is pleased to announce the closing on December 30, 2022 of a non-brokered private placement of 66,667 flow-through units at a price of $2.25 per Flow-Through Unit for aggregate gross proceeds of $150,000.75. Each Flow-Through Unit is comprised of one multiple voting share of the Company and one multiple voting share purchase warrant of the Company , with each Warrant enabling the holder to acquire one [...]
KWG Resources Inc. unequivocally supports the powerfully articulated and positive proposal made yesterday in the Press Release of the Matawa Chiefs' Council, which said in part: ". . . the Matawa Chiefs' Council continue to maintain their unified position that the Matawa member First Nations are the Indigenous rights holders in our traditional territories and homelands. We call on the Government of Canada to establish a [...]
KWG Resources Inc. is pleased to announce that the time to exercise warrants issued during 2019 and 2021 to purchase KWG.A multiple voting shares will be extended so that each such Warrant will have a five-year term from the applicable Warrant's original date of issuance. More particularly, 26,864 Warrants will have their expiry date extended to March 15, 2024; 3,808 Warrants will have their expiry date extended to June [...]
KWG Resources Inc. is pleased to announce that on September 30, 2022 it gave notice to all holders of Series 2021 Convertible Debentures that it has elected to convert all principal and accrued interest owing on the Debentures aggregating $6,609,419.86 into shares and warrants on November 2, 2022. Under the terms of the Debentures, KWG has the option, exercisable at any time after September 29, 2022, on 30 days' notice [...]
Fancamp Exploration Ltd. and KWG Resources Inc. are pleased to announce that, further to their joint press releases dated July 21, 2022 and August 10, 2022, they have closed the sale by Fancamp to KWG of all of the right, title and interests beneficially owned by Fancamp in and to the "Koper Lake-McFaulds" mineral properties, comprised of four "legacy" mining claims that cover approximately four square kilometers [...]
Fancamp Exploration Ltd. and KWG Resources Inc. are pleased to announce that Bold Ventures Inc. has delivered a signed waiver in respect of its right of first refusal to acquire Fancamp interests in the four Koper Lake-McFaulds mining claims that contain the Black Horse chromite discovery, which KWG has offered to acquire from Fancamp as previously announced. The receipt of Bold's waiver will enable Fancamp and KWG to [...]
Fancamp Exploration Ltd. and KWG Resources Inc. are pleased to announce that they have entered into a binding agreement dated July 20, 2022 with respect to a proposed transaction involving the sale by Fancamp to KWG of all of the right, title and interests beneficially owned by Fancamp in and to the "Koper Lake-McFaulds" mineral properties, comprised of four mining claims located within the "Ring of Fire" in the Province [...]
KWG Resources Inc. announces that it has received and filed as a Notice of Material Change on its SEDAR profile, a copy of the Canadian Chromite R&D Initiative Chapter 1.1 Chromite R&D Initiative - Background, Objectives, Approach and Summary of Accomplishments dated January 2022 and Canadian Chromite R&D Initiative Chapter 3.2.1 Direct Reduction of Chromite Conceptual Approach and Overview dated September 2021. The two [...]