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…
Massive Chromite Domain estimated to contain indicated resource of 23.2 million tonnes averaging 40.66% Cr2O3, additional inferred resource of 16.3 million tonnes averaging39.09% Cr2O3 TORONTO, ONTARIO – May 3, 2010 – KWG Resources Inc. (KWG:TSX-V) (“KWG”), Spider Resources Inc. (SPQ:TSX-V) (“Spider”) and Freewest Resources Canada…
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…
Montréal, Canada – April 16, 2010 – KWG Resources Inc. (TSXV – KWG) reports that it has closed a second tranche of its previously announced non-brokered private placement through the sale of units (each, a “FT Unit”) at $0.125 each for proceeds of approximately $2,800,000. Each…
Montréal, Canada – April 8th, 2010 – KWG Resources Inc. (TSXV – KWG) (“KWG”) advises that, under the terms of the Option Agreement with Spider Resources Inc. (Spider) and Freewest Resources Canada Inc. respecting the Freewest Option Project, KWG became Operator on April 1st, 2010. Each…
Montréal, Canada – April 7th, 2010 – KWG Resources Inc. (TSXV – KWG) has been notified by Cliffs Greene B. V. (“Cliffs”) that it wishes to exercise its pre-emptive right to participate in the Private Placement recently announced by KWG and will subscribe for such number…
Montréal, Canada – KWG Resources Inc. (TSXV – KWG) reports that it has closed a first tranche of a previously announced non-brokered private placement through the sale of 39,090,000 units at $0.125 each for gross proceeds of $4,886,250. Each unit consists of one flow-through common…
Montréal, Canada – KWG Resources Inc. (TSX-V: KWG) (“KWG” or the “Company”) announces a proposed non-brokered private placement (the “Private Placement”) of a maximum of $10 million of units of securities of the Company comprised of up to 80,000,000 “flow-through” units (each, an “FT Unit”)…
Hole FW-09-50 encountered chromite mineralized envelope of 126.3 metres of which 63.3 metres averages 41.93% Cr2O3 with Cr:Fe ratio of 1.96 Seven of final eight holes encounter grades in excess of 35% Cr2O3 All assays are now complete, National Instrument 43-101 compliant resource estimate to…