Author: kwgresources

 

KWG Resources Inc. (“KWG” – TSXV:KWG) and Spider Resources Inc. (“Spider” – TSXV:SPQ) announce that Spider has determined that the offer made to it by KWG (the “New KWG Offer”) proposing certain amendments to the terms of the combination agreement among KWG, its wholly-owned subsidiary,…

Montréal, Canada – June 22, 2010 – KWG Resources Inc. (“KWG”) is pleased to announce that it has received conditional approval from the TSX Venture Exchange (“TSXV”) with respect to the previously announced business combination (the “Amalgamation”) with Spider Resources Inc. (“Spider”).  Pursuant to the Amalgamation,…

KWG’s Formal Valuation Commences

08 Jun 2010, Posted by kwgresources in 2010, 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…

KWG Engages Cormark Securities Inc. For Formal Valuation

03 Jun 2010, Posted by kwgresources in 2010, News

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…