TORONTO, ONTARIO--(Marketwired - June 30, 2015) - The meeting of the shareholders of KWG Resources Inc. (CSE:KWG)(FRANKFURT:KWG6) ("KWG") was concluded this morning. Cynthia Thomas, Douglas Flett, Thomas Pladsen, Donald Sheldon and Frank Smeenk were re-elected as directors and Frank Smeenk and Thomas Masters were then respectively re-appointed as the Company's President and Chief Financial Officer. The special resolution [...]
TORONTO, ONTARIO--(Marketwired - Jun 29, 2015) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KWG6) ("KWG") has now acquired one hundred percent of the ownership rights in two United States provisional patent applications relating to the production of chromium iron alloys directly from chromite ore, and the production of low carbon chromium iron alloys directly from chromite concentrates (the "Chromium IP") announced on April [...]
TORONTO, ONTARIO--(Marketwired - June 5, 2015) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) has agreed to acquire the 5-claim Hornby Property from MacDonald Mines Exploration Ltd. for 4 million treasury shares of KWG. The vendor will retain a 2% NSR, half of which may be purchased by KWG for $1 million at any time prior to production from the property. KWG will also have the first right to buy the balance of the NSR at [...]
TORONTO, ONTARIO--(Marketwired - Jun 1, 2015) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) reports that the Registrar of the Ontario Court of Appeal has notified the parties that October 20th, 2015 has been fixed for the hearing of the appeal of Canada Chrome Corporation ("KWG/CCC") of the decision of the Divisional Court of the Ontario Superior Court made in July 2014 overturning the decision of the Ontario Mining and [...]
TORONTO, ONTARIO--(Marketwired - May 28, 2015) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) reports that its subsidiary Canada Chrome Corporation ("KWG/CCC") has filed the materials required to perfect its appeal at the Ontario Court of Appeal. A hearing date will be scheduled by the Court's Registrar. The respondent 2274659 Ontario Inc. and the intervenor the Minister of Northern Development and Mines will have until [...]
TORONTO, ONTARIO--(Marketwired - Apr 22, 2015) - KWG Resources Inc. (CSE:KWG)(TSX VENTURE:KWG)(FRANKFURT:KW6)(OTCBB:KWGBF) is extremely encouraged by the Federal Budget tabled by Federal Finance Minister Joe Oliver on April 21st. It was announced that the federal government will dedicate $23 million over five years from Natural Resources Canada to "stimulate the technological innovation needed to separate and develop rare [...]
TORONTO, ONTARIO--(Marketwired - Mar 23, 2015) - KWG Resources Inc. ("KWG") (CSE:KWG)(TSX VENTURE:KWG)(FRANKFURT:KW6)(OTCBB:KWGBF) is pleased to have been invited to talks with Noront Resources Ltd. ("Noront") when informed this morning of the proposed purchase by Noront of the Ring of Fire assets of Cliffs Quebec Iron Mining ULC. "This is positive news for us," said KWG CEO Frank Smeenk. "Noront CEO Al Coutts has [...]
TORONTO, ONTARIO--(Marketwired - Mar 17, 2015) - KWG Resources Inc. (CSE:KWG)(TSX VENTURE:KWG)(FRANKFURT:KW6)(OTCBB:KWGBF) announces that its Board of Directors has approved the delisting of its common shares from the TSX Venture Exchange (the "TSXV") and that it is in the process of making an application to the TSXV concerning such delisting. As described in KWG's Press Release of March 13, 2015, the delisting is [...]
TORONTO, ONTARIO--(Marketwired - Mar 13, 2015) - KWG Resources Inc. ("KWG") (CSE:KWG)(TSX VENTURE:KWG)(FRANKFURT:KW6) has reached agreement with Bold Ventures Inc. ("Bold") (TSXV: BOL) to satisfy its obligations to make the third payment of $700,000 required under Bold's option agreement with Fancamp Exploration Ltd. ("Fancamp") (TSXV: FNC) on the Black Horse claims (the "Option Agreement"), by delivery to Fancamp of 35 [...]
TORONTO, ONTARIO--(Marketwired - Jan 27, 2015) - KWG Resources Inc. (TSX VENTURE:KWG)(FRANKFURT:KW6) ("KWG") announces that it has acquired today an additional 144,464,000 common shares in the capital of Debut Diamonds Inc. ("Debut") at a price of $0.01 per share through a private placement from treasury in settlement of all of the debt owed by Debut to KWG. As a result of the above-noted acquisition, KWG now owns or [...]
TORONTO, ONTARIO--(Marketwired - Jan 27, 2015) - Debut Diamonds Inc. (CSE:DDI) ("Debut") is pleased to announce that it successfully completed its previously announced (see news release dated December 22, 2014) private placement (the "Private Placement") of an aggregate of 144,464,000 common shares ("Shares") in settlement of $1,444,640 of debt at $0.01 per share. All shares were issued to KWG Resources Inc. ("KWG") in [...]
TORONTO, ONTARIO--(Marketwired - Jan 27, 2015) - KWG Resources Inc. (TSX VENTURE:KWG)(FRANKFURT:KW6) subsidiary Canada Chrome Corporation has received an Order of the Court of Appeal of Ontario granting leave to appeal the decision of the Divisional Court of the Ontario Superior Court of Justice released July 30, 2014. As reported on August 1, 2014, the Divisional Court decision ruled that CCC's consent should be waived [...]
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