KWG Resources Inc. is pleased to announce that it has completed the issuance of ferrochrome warrants of the Company to those who held $3,879,956 of convertible debentures which had been issued in 2017 and 2018 and whose December 2019 maturity dates were extended in December 2019 to March 26 and March 31, 2021. As consideration for extending the [...]
KWG Resources Inc. and its subsidiary, Canada Chrome Corporation , are pleased to announce that, in accordance with the provisions of the agreements entered into with Rail-Veyor Technologies Global Inc. and Cormorant Utility Services Limited , each of Rail-Veyor and Cormorant acquired common shares of CCC in payment of fees of $1,538,460 and [...]
KWG Resources Inc. and its subsidiary, Canada Chrome Corporation , are pleased to announce their receipt of an Engineering and Design Services Report from Rail-Veyor Technologies Inc. The report estimates that the capital cost of construction of a Rail-Veyor tramway system designed to transport 10 million tonnes of chromite yearly over 338 [...]
KWG Resources Inc. is pleased to announce that Megan McElwain will be appointed the Company's President & COO effective January 1, 2022. Ms. McElwain leaves her role as the Vice-President and General Manager of the Canadian Chamber of Commerce. She was previously Director of Development of The Fraser Institute. Frank Smeenk will continue to be [...]
KWG Resources Inc. is pleased to announce that, following obtaining shareholder approval at the Company's shareholder meeting held on September 21, 2021, the Company will implement the subdivision of its multiple voting shares on a basis of one existing Multiple Voting Share being subdivided into three post-subdivision Multiple Voting Shares. The [...]
Frank Smeenk is pleased to announce the acquisition on October 22, 2021 of ownership of an aggregate of $805,000 of convertible debentures through a private placement completed by KWG Resources Inc. The Debentures are convertible into an aggregate of 53,666 Units comprised of 107,332 Multiple Voting Shares and 53,666 Warrants or an aggregate of [...]
KWG Resources Inc. is pleased to announce the closing today of the third tranche of its previously announced private placement of convertible debentures . This third tranche was comprised of an aggregate of $3,642,800 of debentures, bringing the total principal amount of debentures issued under all three tranches of the Private Placement to [...]
KWG Resources Inc. is pleased to announce the closing today of the second tranche of its previously announced private placement of convertible debentures . This second tranche was comprised of an aggregate of $350,660.08 of debentures, bringing the total principal amount of debentures issued under the first and second tranches of the Private [...]
KWG Resources Inc. is pleased to announce the closing today of the first tranche of its previously announced private placement of up to $5,000,000 of convertible debentures . This first tranche was comprised of an aggregate of $3,410,657 of debentures. The Company anticipates completing a second tranche of the Private Placement within the next [...]
KWG Resources Inc. is pleased to announce that Fiona Blondin has agreed to accept her election as a director of the Company. As the proxy materials for the Special Meeting of Shareholders to be convened September 21, 2021, have already been mailed, KWG management will be seeking at the shareholder meeting approval of KWG shareholders to expand the [...]
KWG Resources Inc. has filed proxy materials for an Annual and Special Meeting of Shareholders to be convened on September 21, 2021 at which management will seek approval to amend the Company's Articles of Incorporation to, amongst other things, adjust the share exchange ratio between its multiple voting shares and its subordinate voting shares [...]
KWG Resources Inc. has engaged Rail-Veyor Technologies Global Inc. and Cormorant Utility Services Ltd. for the preparation of Design Engineering Feasibility Proposals to construct an ore haulage system and electrical power transmission lines to the Ring of Fire and several contiguous remote communities. The power line proposal will enable the [...]
