Canadian Chrome Company to Acquire Board Control of Magpie Mines Which Holds Large Vanadium and Titanium Deposits in Quebec
Toronto, Ontario--(Newsfile Corp. - July 28, 2023) - KWG Resources Inc. (CSE: CACR) (CSE: CACR.A), which carries on business as The Canadian Chrome Company ("CCC", "KWG" or the "Company") (The Canadian Chrome Company is a registered business style of KWG Resources Inc.) announces that it agreed today to acquire (the "Acquisition") all of the issued and outstanding special shares of The Magpie Mines Inc. ("Magpie Mines").A majority of the special shares have the right to elect a majority of the...
2023-07-28 11:56 AM EDT
Shares of KWG Resources Inc. (Carrying on Business as The Canadian Chrome Company) to Commence Trading on CSE as CACR and CACR.A on July 14, 2023
Toronto, Ontario--(Newsfile Corp. - July 12, 2023) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A), which carries on business as The Canadian Chrome Company ("CCC" or the "Company") (The Canadian Chrome Company is a registered business style of KWG Resources Inc.) announces that its shares will commence trading under the ticker symbols CACR and CACR.A on Friday, July 14, 2023.The shares are listed for trading on the Canadian Securities Exchange in two classes: multiple voting shares (which will trade under...
2023-07-12 1:52 PM EDT
KWG Resources Inc to Do Business as The Canadian Chrome Company
Toronto, Ontario--(Newsfile Corp. - June 26, 2023) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) ("KWG" or the "Company") has registered The Canadian Chrome Company as its business style and is proceeding with an application for its registration as a trademark in Canada.About KWG:KWG is the owner of 100% of the Black Horse chromite project (formerly part of Fancamp's "Koper Lake-McFaulds" properties) in which Bold Ventures Inc. is carried through exploration of the former Fancamp claims for 10% of the chromite project....
2023-06-26 1:09 PM EDT
KWG Announces Release from Escrow and Closing of the Final Tranche of its Convertible Debenture Private Placement
Toronto, Ontario--(Newsfile Corp. - June 21, 2023) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) ("KWG" or the "Company") is pleased to announce the release today of an aggregate of $1,300,000 of debentures upon receipt of necessary consents (see news release dated May 26, 2023) and closing today of the final tranche of its previously announced private placement (the "Private Placement") of convertible debentures (the "Debentures") (see news release dated April 24, 2023) comprised of an aggregate of $15,000 of debentures, bringing the...
2023-06-21 4:44 PM EDT
KWG Announces Closing of Second and Final Tranche of Its Convertible Debenture Private Placement
Toronto, Ontario--(Newsfile Corp. - May 26, 2023) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) ("KWG" or the "Company") is pleased to announce the closing today of the second and final tranche of its previously announced private placement (the "Private Placement") of convertible debentures (the "Debentures") (see news release dated April 24, 2023). This second tranche was comprised of an aggregate of $1,414,000 of debentures of which an aggregate of $1,350,000 of debentures closed in escrow pending receipt of necessary consents...
2023-05-26 5:15 PM EDT
Canada Chrome Corporation to Become New Name of KWG Resources Inc
Toronto, Ontario--(Newsfile Corp. - May 18, 2023) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) ("KWG" or the "Company") upon receipt of required approvals, will amalgamate with its wholly-owned subsidiary Canada Chrome Corporation ("CCC"). CCC's assets will be transferred to its affiliate Ring of Fire Transportation & Utilities Inc., also a wholly-owned subsidiary of KWG now.The amalgamated company will adopt the name Canada Chrome Corporation. KWG has acquired license to the business style and word mark "Canada Chrome", for its...
2023-05-18 8:28 AM EDT
KWG Announces Closing of First Tranche of Its Convertible Debenture Private Placement
Toronto, Ontario--(Newsfile Corp. - April 24, 2023) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) ("KWG" or the "Company") is pleased to announce the closing today of the first tranche of a private placement (the "Private Placement") of up to $3,000,000 of convertible debentures (the "Debentures"). This first tranche was comprised of an aggregate of $959,590 of Debentures. The Company anticipates completing a second tranche of the Private Placement within the next several days.The Debentures are convertible into units (each a...
2023-04-24 5:03 PM EDT
KWG CEO Interviewed on Steve Paikin's Agenda Last Evening
Toronto, Ontario--(Newsfile Corp. - April 5, 2023) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) ("KWG" or the "Company") is pleased to announce that the company's CEO Frank Smeenk was a guest last evening of the TVO Steve Paikin's AGENDA show, which may be seen via this link: The Agenda with Steve Paikin | TVO Today, or: https://kwgresources.com/videos/.About KWG:KWG is the owner of 100% of the Black Horse chromite project (formerly part of Fancamp's "Koper Lake-McFaulds" properties) in which Bold...
2023-04-05 10:24 AM EDT
KWG Announces Filing of Final Quantec Report
Toronto, Ontario--(Newsfile Corp. - March 30, 2023) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) ("KWG" or the "Company") is pleased to announce that it has received from Quantec Geoscience Limited ("Quantec") its final report (the "Quantec Report") on the magnetotelluric survey recently completed over portions of KWG's Black Horse chromite project in the Ring of Fire area of northern Ontario (see KWG news release dated February 24, 2023). The Quantec Report, as well as the Summary thereof, will be filed...
2023-03-30 11:28 AM EDT
KWG Resources Inc.: Magnetotelluric Survey Completed, Confirms Chromite Targets
Toronto, Ontario--(Newsfile Corp. - February 24, 2023) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) ("KWG" or the "Company") is pleased to announce that it has completed its previously announced magnetotelluric survey over portions its Ring of Fire chromite Black Horse project. The survey was conducted over project areas including those shown on the property map below, including (i) 1 line over a target 1 kilometer ("km") to the northeast of the Black Horse chromite deposit; and (ii) 4 lines...
2023-02-24 8:55 AM EST
KWG Announces Results of Annual and Special Shareholders' Meeting
Toronto, Ontario--(Newsfile Corp. - February 8, 2023) - KWG Resources Inc. (CSE: KWG) (FSE: KW61) ("KWG" or the "Company") is pleased to announce the results of the annual and special meeting of shareholders (the "Meeting") held on February 7, 2023. Shareholders holding an aggregate of 650,247,304 votes (32.63% of the outstanding votes) were present or represented by proxy at the Meeting.The shareholders voted in favour of all four items tabled at the Meeting, namely: (i) the re-appointment of McGovern...
2023-02-08 2:38 PM EST
KWG Resources Inc. Announces Magnetotelluric Survey Begun for New Black Horse Chromite 43-101
Toronto, Ontario--(Newsfile Corp. - January 16, 2023) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) ("KWG" or the "Company") is pleased to announce that it will conduct a magnetotelluric survey of its Ring of Fire chromite intrusion's Black Horse project. The survey will cover both the previously drilled portion of the Black Horse project and the undrilled potential target area between the Black Horse's drilled area northward to the south boundary of the Company's Big Daddy joint venture project with Ring of...
2023-01-16 9:30 AM EST
KWG Files for Convertible Debenture Price Protection and Reports to Shareholders
Toronto, Ontario--(Newsfile Corp. - January 12, 2023) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) ("KWG") has confirmed with the Canadian Securities Exchange the price at which shares may be issued under a proposed private placement of Convertible Debentures to be completed within the next 45 days.The company has also mailed to its shareholders a Management Information Circular for the meeting of shareholders to be convened on February 7, 2023. The mailing included a report to the shareholders as follows:"We were...
2023-01-12 2:29 PM EST
KWG Closes Private Placement of Flow-Through Units
Toronto, Ontario--(Newsfile Corp. - January 3, 2023) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) ("KWG" or the "Company") is pleased to announce the closing on December 30, 2022 of a non-brokered private placement (the "Private Placement") of 66,667 flow-through units (each a "Flow-Through Unit") at a price of $2.25 per Flow-Through Unit for aggregate gross proceeds of $150,000.75. Each Flow-Through Unit is comprised of one multiple voting share of the Company (each, a "Multiple Voting Share") and one multiple voting...
2023-01-03 5:31 PM EST
KWG Hails Matawa Chiefs' Council Crown Table Proposal for Ring of Fire Development
Toronto, Ontario--(Newsfile Corp. - December 16, 2022) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) ("KWG") unequivocally supports the powerfully articulated and positive proposal made yesterday in the Press Release of the Matawa Chiefs' Council, which said in part:". . . the Matawa Chiefs' Council continue to maintain their unified position that the Matawa member First Nations are the Indigenous rights holders in our traditional territories and homelands. We call on the Government of Canada to establish a dedicated federal Crown...
2022-12-16 11:20 AM EST
KWG Extends the Expiry Dates and Resets the Exercise Price of Outstanding Warrants
Toronto, Ontario--(Newsfile Corp. - November 18, 2022) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW61) ("KWG" or the "Company") is pleased to announce that the time to exercise warrants issued during 2019 and 2021 (each a "Warrant") to purchase KWG.A multiple voting shares (each a "Multiple Voting Share") will be extended so that each such Warrant will have a five-year term from the applicable Warrant's original date of issuance. More particularly, 26,864 Warrants will have their expiry...
2022-11-18 8:00 AM EST
KWG Gives Notice to Convert $6.6 Million of Series 2021 Convertible Debentures into Shares and Warrants
Toronto, Ontario--(Newsfile Corp. - October 3, 2022) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) ("KWG" or the "Corporation") is pleased to announce that on September 30, 2022 it gave notice to all holders of Series 2021 Convertible Debentures (the "Debentures") that it has elected to convert all principal and accrued interest owing on the Debentures aggregating $6,609,419.86 into shares and warrants on November 2, 2022.Under the terms of the Debentures, KWG has the option, exercisable at any time after September 29,...
2022-10-03 9:23 AM EDT
Fancamp and KWG Resources Announce Closing of the Sale of Fancamp's Interests in Koper Lake-McFaulds Mining Claims to KWG
Vancouver, British Columbia and Toronto, Ontario--(Newsfile Corp. - September 1, 2022) - Fancamp Exploration Ltd. (TSXV: FNC) ("Fancamp") and KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW61) ("KWG") are pleased to announce that, further to their joint press releases dated July 21, 2022 and August 10, 2022, they have closed the sale (the "Transaction") by Fancamp to KWG of all of the right, title and interests beneficially owned by Fancamp in and to the "Koper Lake-McFaulds" mineral properties,...
2022-09-01 5:30 PM EDT
KWG Purchase from Fancamp to Proceed to Closing as Bold Ventures Waives Right of First Refusal
Vancouver, British Columbia and Toronto, Ontario--(Newsfile Corp. - August 10, 2022) - Fancamp Exploration Ltd. (TSXV: FNC) ("Fancamp") and KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG") are pleased to announce that Bold Ventures Inc. (TSXV: BOL) ("Bold") has delivered a signed waiver in respect of its right of first refusal to acquire Fancamp interests in the four Koper Lake-McFaulds mining claims that contain the Black Horse chromite discovery, which KWG has offered to acquire from Fancamp as previously announced (the "Proposed...
2022-08-10 7:00 AM EDT
Fancamp and KWG Resources Announce Binding Agreement for the Sale of Fancamp's Beneficial Interests in Koper Lake-McFaulds Mining Claims to KWG
Vancouver, British Columbia and Toronto, Ontario--(Newsfile Corp. - July 21, 2022) - Fancamp Exploration Ltd. (TSXV: FNC) ("Fancamp") and KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW61) ("KWG") are pleased to announce that they have entered into a binding agreement dated July 20, 2022 with respect to a proposed transaction (the "Proposed Transaction") involving the sale by Fancamp to KWG of all of the right, title and interests beneficially owned by Fancamp in and to the "Koper Lake-McFaulds" mineral...
2022-07-21 7:00 AM EDT