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News

 

Montréal, Canada – June 8, 2010 – KWG Resources Inc. (“KWG” or the “Company”) announces that the previously announced formal valuation of the Company’s common shares has been commenced by the independent valuator, Cormark Securities Inc.. In a letter delivered by Cliffs to KWG on June…

Montréal, Canada – June 3rd, 2010 – The Special Committee of the Board of Directors of KWG Resources Inc. (“KWG” or the “Company”) announces that it has engaged Cormark Securities Inc. to complete a formal valuation of the Company’s common shares in response to Cliffs…

Montréal, Canada – May 28, 2010 – KWG Resources Inc. (“KWG” or the “Company“) noted the press release issued by Cliffs Natural Resources Inc. (“Cliffs”) with respect to the announcement of the proposed merger between KWG and Spider Resources Inc. (“Spider” – TSXV:SPQ). The proposed merger…

Montréal, Canada – May 24, 2010 – KWG Resources Inc. (“KWG” or the “Company“) announces that the Company has received a non-binding take-over bid proposal.  In response to such proposal and to consider strategic alternatives, the board of directors of the Company (the “Board”) has met…

Montréal, Québec – May 24, 2010 / – KWG’s Board of Directors has appointed Cynthia Thomas to fill a vacancy occasioned by the resignation of Richard P. Fink as a Director of the Company late on Friday afternoon May 21, 2010. Ms. Thomas is Chair…

Montréal, Québec – May 21, 2010 / – Following the annual and special meeting of shareholders held on May 19, 2010, KWG Resources Inc. announces the re-election of  Messrs. Richard P. Fink, Douglas M. Flett, René R. Galipeau, Michael S. Harrington, Bruce D. Reid, Frank…

Montréal, Canada – KWG Resources Inc. (TSXV – KWG) reports that it has closed the final tranche of its previously announced non-brokered private placement through the sale of 26,382,390 units (each, a “Unit”) at $0.125 each for proceeds of $3,297,798.75. Each Unit consists of one…