KWG’S Canada Chrome Corporation To Seek Leave To Appeal Divisional Court Decision13 Aug 2014
Toronto, Canada, August 13, 2014 – KWG Resources Inc. (TSXV: 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 that CCC’s consent should be waived in an application for an easement to build a road over its mining claims.
About KWG: KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG has also acquired interests in provisional patents including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a $15 million surveying and soil testing program for the engineering and construction of a railroad to the Ring of Fire from Exton, Ontario.
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Download PR198 Aug 13 2014