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 [...]
KWG Resources Inc. announced on January 22nd its intention to issue a Convertible Debenture to secure up to $1.1 million. The debenture will now be convertible at any time at the option of its holder, in whole or in part, into units at $7.50 each, comprised of one KWG.A multiple voting treasury share and a warrant to acquire at any time within 90 [...]
KWG Resources Inc. and its railroad subsidiary Canada Chrome Corporation confirm their support of regional development in the Ring of Fire business plan that they propound. "Now that railroader Tony Marquis has joined us, our next step is to ask for the purchase order at the Canada-USA Critical Minerals Task Force," said KWG CEO Frank Smeenk. "Then [...]
KWG Resources Inc. announces that it has granted options to buy for $3.00 each 279,470 KWG.A shares from treasury under the provisions of its Incentive Stock Option Plan. 114,285 options were awarded to the Company's four executive officers, 98,505 to its three non-executive directors and 66,680 to eight consultants. The options may be exercised at [...]
KWG Resources Inc. announces a proposed financing in which it intends to issue Convertible Debentures to raise up to $1.1 million. Each debenture will be convertible at any time at the option of its holder, in whole or in part, into units at $6.25 each, with each Unit being comprised of one KWG.A multiple voting treasury share and one warrant. Each [...]
KWG Resources Inc. is pleased to announce that Tony Marquis has agreed to be the President and Chief Operating Officer of Canada Chrome Corporation . KWG owns 100% of CCC which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland [...]
KWG Resources Inc. is pleased to announce the closing today of its previously announced non-brokered private placement of 280,000 flow-through units at a price of $1.5001 per Flow-Through Unit for aggregate gross proceeds of $420,028 . Each Flow-Through Unit is comprised of one multiple voting share of the Company issued on a "flow-through" basis [...]
