KWG Resources is pleased to announce the creation of the Ring of Fire LP, a single purpose limited partnership flow-through fund dedicated to funding the costs of drilling and other exploration expenses which will be incurred to support the preparation of a planned comprehensive feasibility study and mining plan for the Black Horse Joint Venture [...]
KWG Resources received notification that its application to patent the direct reduction method invention for producing chromium iron alloys directly from chromite ore was accepted by the Registrar for the South African Patent Office on January 12, 2018. Expected date of publication in the Patent Journal is February 28th, 2018. The results of tests [...]
KWG Resources Inc. has been requested by staff of the Ontario Securities Commission to publish clarification of certain matters following an issue oriented review by Staff of the OSC of KWG's continuous disclosure record. The issues clarified are as follows: ● retracting KWG news release 250 which inadvertently combined inferred resources with measured or indicated resources, provided an estimate of the gross value of the minerals discovered in the Ring of Fire and inadvertently referred to chromite as the mineral resource which was the subject of resource estimates ● removal of material and links from KWG's website and social media referring to mineral resource estimates and projections of the gross value of minerals ● retracting statements from KWG's manag... [...]
KWG Resources is pleased to announce closing today of a previously announced private placement of $2,576,908.25 of debentures 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 120 days from closing. Each Unit is [...]
KWG Resources has received listing approval from the Canadian Securities Exchange to complete a proposed private placement of up to $2,580,000 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 [...]
KWG Resources has received from the Canadian Intellectual Property Office the formal Notice of Allowance that a Patent for will be issued upon payment of the specified fee. As permitted, the Company intends to indicate upon publication of the issued Patent that it is available for licence. "This is thrilling news for The Ring of Fire", said KWG CEO [...]
KWG Resources has received listing approval from the Canadian Securities Exchange to complete a subscription for the private placement of a $2,000,000 debenture convertible into units with a deemed value of $21 per unit plus an Option to acquire a further such debenture at any time within 120 days from closing. Each Unit will be comprised of four [...]
Toronto, Ontario--(Newsfile Corp. - October 3, 2017) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG") has completed the private placement of a $500,000 debenture convertible into units with a deemed value of $21 per unit, plus an Option to acquire a further such debenture at any time within 120 days, all on the terms announced in its [...]
KWG Resources has received listing approval from the Canadian Securities Exchange to complete a subscription for the private placement of a $500,000 debenture convertible into units with a deemed value of $21 per unit plus an Option to acquire a further such debenture at any time within 120 days from closing. Each Unit will be comprised of four [...]
KWG Resources announces a proposed private placement of up to $5,000,000 of principal amount of convertible debentures, convertible into Units, in respect of which KWG has made application to the Canadian Securities Exchange for listing approval of such Units to be issued upon completion of two subscriptions of $500,000 each to a private placement [...]
KWG Resources and its partners Bold Ventures and Fancamp Exploration congratulate Premier Kathleen Wynne and Chiefs Bruce Achneepineskum and Cornelius Wabasse for the announcement yesterday of their agreements respecting access to Marten Falls and Webequie to facilitate development of the Ring of Fire. Fancamp CEO Peter H. Smith said, “The [...]
KWG Resources is pleased to announce closing today of an additional tranche of its previously announced private placement of units at a price of $0.021 per Unit. The Company issued a total of 2,868,428 Units for aggregate gross proceeds of $60,237. Each Unit is comprised of one subordinate voting share of the Company and one full warrant. Each [...]