TORONTO, ONTARIO--(Marketwired - Apr 2, 2014) - KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") is pleased to report that further laboratory tests on the reduction of the Black Horse chromite using natural gas have been completed. The results of these tests provide substantial encouragement that the newly developed method may be utilized to convert the Black Horse chromite into a metallised chrome and iron alloy. During [...]
TORONTO, ONTARIO--(Marketwired - Mar 27, 2014) - Bold Ventures Inc. (TSX VENTURE:BOL) ("Bold") and KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") are pleased to report that the 5,000 metre drilling program which commenced January 18th has been completed. The program met its objective of extending the Black Horse chromite deposit to depth. A total of six holes were drilled during the program: three on the Black Horse [...]
TORONTO, ONTARIO--(Marketwired - Mar 26, 2014) - KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") announces that it has closed a further flow-through private placement of 1,500,000 flow-through units at $0.05 each for gross proceeds of $75,000. Each unit comprises one flow-through treasury share and one warrant which may be exercised to acquire a further flow-through share for $0.10 at any time within three years. All [...]
TORONTO, ONTARIO--(Marketwired - Mar 5, 2014) - KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") announces that it has acquired 3,350,000 Common Shares in the capital of GoldTrain Resources Inc. ("GoldTrain" or the "Company") at a price of $0.02 per share in settlement of $67,000 of debt owed by GoldTrain. As a result, KWG now owns 10,634,000 Common Shares representing approximately 18.03% of the issued and outstanding Common [...]
TORONTO, ONTARIO--(Marketwired - Feb 24, 2014) - KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") announces that it has closed the last tranche of its previously announced flow-through private placement, the subscriptions to which totaled $2.33 million. The last tranche totaled 1,400,000 flow-through units at $0.05 each for gross proceeds of $70,000. Each unit comprises one flow-through treasury share and one warrant which [...]
TORONTO, CANADA--(Marketwired - Feb 10, 2014) - Counsel for KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") has advised that the Minister of the Attorney General will bring a motion in the Ontario Divisional Court for leave to intervene in the appeal of the decision of the Ontario Mining and Lands Commissioner released last September. That decision dismissed the application of a subsidiary of Cliffs Natural Resources Inc[...]
TORONTO, ONTARIO--(Marketwired - Feb 7, 2014) - KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") and Bold Ventures Inc. (TSX VENTURE:BOL) ("Bold") are pleased to report that 10 million KWG treasury shares will be delivered for the option payment due to Fancamp Exploration Inc today. As previously reported, KWG is funding a further $2 million program under its agreement to earn from Bold an 80% interest in any chromite [...]
TORONTO, ONTARIO--(Marketwired - Jan 6, 2014) - Bold Ventures Inc. (TSX VENTURE:BOL) ("Bold") and KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") are pleased to report that KWG is funding a further $2 million program under its agreement to earn from Bold an 80% interest in any chromite discovered within the claims optioned by Bold from Fancamp Exploration Ltd. hosting the Black Horse chromite occurrence. KWG may also earn a [...]
TORONTO, ONTARIO--(Marketwired - Jan 3, 2014) - KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") has received conditional listing approval for an increase to $2,500,000 of its private placement of flow-through units ("Units") which is extended to February 7, 2014. Each Unit comprises one flow-through treasury share and one warrant which may be exercised to acquire a further flow-through share for $0.10 at any time within [...]
TORONTO, ONTARIO--(Marketwired - Dec 5, 2013) - KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") will issue 282,500 shares at $0.05 to AGORACOM Inc for the first payment under the shares for services contract announced November 7, 2013. The shares will have a hold period of four months. About KWG: KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite deposit. KWG also [...]
TORONTO, ONTARIO--(Marketwired - Nov 25, 2013) - KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") is very encouraged with the results of ongoing metallurgical test work to determine the thermodynamics of metalizing the chromite from the Black Horse deposit by its reduction with natural gas. "We have reported to the Ministry of Northern Development and Mines some of the conclusions being derived from this work which may have [...]
MONTREAL, QUEBEC--(Marketwired - Nov 8, 2013) - KWG Resources Inc. (TSX VENTURE:KWG) has completed a second tranche of a private placement of flow-through units, for gross proceeds of $1,328,000. Each unit comprises one flow-through treasury share and one warrant which may be exercised to acquire a further flow-through share for $0.10 at any time within three years. The units may be acquired by qualified investors for a [...]