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 [...]
KWG Resources 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 Rail-Veyor [...]
KWG Resources Inc. has been requested by staff of the OSC to publish clarification of certain matters following an issue-oriented review by Staff of the OSC of KWG's continuous disclosure record. The Company has filed a number of technical reports in accordance with NI 43-101. They include technical reports for the Big Daddy deposit dated May 27 [...]
KWG Resources Inc. announces that it has granted options to buy for $7.95 each 98,817 KWG.A shares from treasury under the provisions of its Incentive Stock Option Plan. 20,667 options were awarded to the Company's four executive officers, 51,164 to its three non-executive directors and 26,986 to seven consultants. The options may be exercised at [...]
KWG Resources Inc. subsidiary CANADA CHROME CORP has launched a website focusing on transportation of mine production from the Ring of Fire mineral interests. The website includes a scoping study report prepared for CCC by Rail-Veyor Technologies Global Inc for the transportation of 10 million tons per annum of chromite ore. "This appears to be a [...]
KWG Resources Inc. announces completion of the conversion on March 31, 2021 of the outstanding Convertible Debentures convertible at the Company's option into Units with a deemed value of $21 per unit . Each Unit is comprised of four KWG.A multiple voting shares and four multiple voting share purchase warrants with each such warrant enabling its [...]
KWG Resources Inc. announces that the time to exercise warrants to purchase KWG.A shares for $7.50 each will be extended to December 15th, 2022 upon conversion into Units of outstanding Convertible Debentures, effective as of March 31, 2021. The outstanding Convertible Debentures are convertible at the Company's option into Units with a deemed [...]