KWG Resources Inc. has applied for Canadian Securities Exchange approval for the private placement of a final tranche of $3,147,444 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 four months from closing. Each Unit is comprised of four KWG.A multiple voting shares [...]
KWG Resources Inc. is pleased to announce closing on March 15, 2019 of another tranche of its private placement convertible debentures. This tranche was comprised of an aggregate of $775,647.58 of debentures. The debentures are 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 four [...]
Debut Diamonds Inc. today announced a series of transactions, including the engagement of KWG Resources Inc. as its exclusive agent to source buyers for its various diamond mineral resource properties, changes to its board of directors, a proposed private placement, a proposed conversion of debt into common shares of the Company, and the sale by KWG of all of the Common Shares that it previously held in Debut Diamonds [...]
KWG Resources Inc. , applauds Chief and Council of the Marten Falls First Nation for their leadership in assuming proponency of the Environmental Assessment for transportation infrastructure in their traditional territory. They made the following announcement Thursday afternoon: THUNDER BAY, ON, Nov. 22, 2018 - Marten Falls First Nation and Ontario announced the agreement to study a long-awaited community access road on [...]
KWG Resources Inc. applauds Chief and Council of the Marten Falls First Nation for their leadership in assuming proponency of the Environmental Assessment for transportation infrastructure in their traditional territory. They made the following announcement yesterday afternoon: THUNDER BAY, ON, Nov. 22, 2018 /CNW/ - Marten Falls First Nation and Ontario announced the agreement to study a long-awaited community access road [...]
KWG Resources Inc. has terminated the meeting of its shareholders which had been adjourned to 11:00 o'clock on Friday, October 12, 2018. The purpose of the adjournment was to solicit votes in favour of a special resolution to amend the Articles of Incorporation of the Company to provide its Board of Directors with authority to issue special shares. While a large majority of the shareholders voting supported the amendment [...]
KWG Resources Inc. has advised the Canadian Securities Exchange that it will extend for a further 120 days from today, the time within which existing options to acquire additional Convertible Debentures of the Corporation may be exercised. As previously announced the Company received CSE approval for a private placement to a maximum of $3,000,000 of debentures convertible at the option of KWG into units with a deemed [...]
KWG Resources Inc. is pleased to announce the results of the annual and special meeting of shareholders held September 11, 2018. Shareholders holding an aggregate of 410,411,070 votes were present or represented by proxy at the Meeting. The shareholders voted in favour of four of the items tabled at the Meeting, namely: the re-appointment of UHY McGovern Hurley LLP as auditors of the Company, which was approved by 98.58 [...]
KWG Resources Inc. announces that today it disposed of 8,450,000 common shares in the capital of Debut Diamonds Inc. at a price of $0.005 per Common Share through the Canadian Securities Exchange. Prior to disposing of such Common Shares, KWG owned or controlled 131,515,500 Common Shares representing approximately 64.40% of the issued and outstanding Common Shares of Debut Diamonds. As a result of the above-noted [...]
KWG Resources Inc. announces that on September 4, 2018, it disposed of 3,000,000 common shares in the capital of Debut Diamonds Inc. at a price of $0.005 per Common Share through the Canadian Securities Exchange. Prior to disposing of such Common Shares, KWG owned or controlled 134,515,500 Common Shares representing approximately 65.9% of the issued and outstanding Common Shares of Debut Diamonds. As a result of the [...]
KWG Resources has been requested by staff of the Ontario Securities Commission to publish the following tabulation of its mineral resources, for clarification of information contained in its Press Release No. 276 dated March 5th, 2018: Mineral Resources Table To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/1936/36063_a1531932174250_72.jpg About KWG: KWG is the Operator of [...]
KWG Resources Inc. has been requested by staff of the Ontario Securities Commission to publish the following clarification of information contained in its Press Release No. 276 dated March 5th, 2018: Anticipated future production of chromium ores from the Ring of Fire properties is hypothetical and has no basis in any mining study; and Chromium resources in the Ring of Fire area are only mineral resources and economic [...]