TORONTO, ONTARIO--(Marketwired - Jan 21, 2015) - KWG Resources Inc. (TSX VENTURE:KWG)(FRANKFURT:KW6) ("KWG") announces that it has withdrawn its amended and restated preliminary short form prospectus dated November 13, 2014 due to market conditions. KWG will consider other financing alternatives as needed. About KWG: KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse [...]
TORONTO, ONTARIO--(Marketwired - Jan 21, 2015) - KWG Resources Inc. (TSX VENTURE:KWG)(FRANKFURT:KW6) ("KWG") is pleased to announce that it has retained the services of RBL Communications Inc. ("RBL") to implement and manage a complete online awareness and marketing program (the "Program"). Over the next 12 months, the Program will provide KWG with exposure on prominent Tier 1 Financial websites such as Kitco [...]
TORONTO, ONTARIO--(Marketwired - Jan 16, 2015) - KWG Resources Inc. (TSX VENTURE:KWG)(FRANKFURT:KW6), reports that Loeb King Capital Management advised its clients in a letter dated January 13, 2015 that "the funds will begin an orderly liquidation". According to a Bloomberg News report issued yesterday Loeb King Capital Management, an investment firm with about $1 billion, is closing after principal Gideon King decided [...]
Debut Diamonds Inc. is pleased to announce that it successfully completed a $50,000 private placement. An aggregate of 5,000,000 common shares were sold $0.01 per Unit. The gross proceeds to Debut from the Private Placement will be used to fund exploration expenses which qualify as "Canadian Exploration Expenses" (within the meaning of the Income Tax Act (Canada)) in connection with Debut's projects in Ontario. The [...]
TORONTO, ONTARIO--(Marketwired - Jan 6, 2015) - KWG Resources Inc. (TSX VENTURE:KWG)(FRANKFURT:KW6) announces that it has received from the US Patent Office's International Searching Authority the International Search Report in response to its application to patent a new process for the direct reduction of chromite utilizing natural gas, a carbon reductant, and a catalyst formulation. The Search Report indicates that the [...]
Debut Diamonds has agreed to convert its outstanding indebtedness to KWG Resources into new treasury shares of Debut to discharge a fixed and floating charge to KWG securing $1.44 million of advances. Debut was granted an exemption to the minimum listing price policy of the Canadian Securities Exchange to convert the loan balances into treasury shares of Debut at $0.01 each. Effective on January 1, 2015 Debut will issue [...]
TORONTO, ONTARIO--(Marketwired - Nov 14, 2014) - KWG Resources Inc. ("KWG" or the "Corporation") (TSX VENTURE:KWG)(FRANKFURT:KW6) is pleased to announce that it has filed an amended and restated preliminary short form prospectus (the "Amended Prospectus"), which amends the preliminary short form prospectus filed by the Corporation on August 15, 2014. The Corporation has obtained a receipt from the securities regulatory [...]
TORONTO, CANADA--(Marketwired - Nov 5, 2014) - KWG Resources Inc. (TSX VENTURE:KWG)(FRANKFURT:KW6), announces that by mutual agreement of the parties, KWG and Bold Ventures Inc. ("Bold") have extended to December 30, 2014, the deadline by which KWG must provide that it intends to make the $700,000 option payment due February 7, 2015 under the KWG/Bold Option Agreement and expend an aggregate of $8,000,000 on the property [...]
TORONTO, ONTARIO--(Marketwired - Oct 1, 2014) - KWG Resources Inc. (TSX VENTURE:KWG) (FRANKFURT:KW6), ("KWG") announces that by mutual agreement of the parties, KWG and Bold Ventures Inc. ("Bold") have extended by 30 days, to October 30, 2014, the deadline by which KWG must provide Binding Notice 2. Pursuant to the Option Agreement between KWG and Bold, Section 3.1 provides that KWG must provide Binding Notice 2 by [...]
TORONTO, ONTARIO--(Marketwired - Sep 22, 2014) - KWG Resources Inc. (TSX VENTURE:KWG)(FRANKFURT:KW6) has filed an international patent application under the Patent Cooperation Treaty. This will provide KWG with the right to file patent applications in over 140 countries around the world in order to secure its rights to its new method of refining chromite ore into ferrochrome by means of natural gas. The disclosed subject [...]
KWG Resources is pleased to announce that it has filed a preliminary short form prospectus and has obtained a receipt from the securities regulatory authorities in the provinces of British Columbia, Ontario and Quebec in connection with a marketed offering of Units (as defined below) and Flow-Through Shares to be made in the provinces of British Columbia and Ontario. Pursuant to the Offering, the Corporation is targeting [...]
TORONTO, ONTARIO--(Marketwired - Aug 13, 2014) - KWG Resources Inc. (TSX VENTURE:KWG)(FRANKFURT:KW6) subsidiary Canada Chrome Corporation ("CCC") has served notice of its intention to seek 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 [...]