KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) has filed a Notice of Sale from Control with respect to all of its 144,630,000 common shares of affiliate Debut Diamonds Inc. (CSE:DDI)
The Ontario Court of Appeal has released its judgment in the appeal brought by KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) (“KWG”) subsidiary Canada Chrome Corporation (“CCC”). The appeal was dismissed.
KWG Resources Inc. (CSE:KWG) (FRANKFURT:KW6)advises that the Canadian Securities Exchange has granted it a waiver of the minimum price requirement for the listing of new treasury shares that may be issued under the terms of a proposed private placement.
KWG Resources Inc. (CSE:KWG) and China Railway First Survey & Design Institute Group Co., Ltd. have signed a Memorandum of Understanding today setting out the terms for mutually proceeding with a feasibility study for the design and financing of a railroad.
KWG Resources Inc. (CSE:KWG) has been advised byChina Railway First Survey & Design Institute Group Co., Ltd. through KWG’s agent Golden Share Mining Corporation (TSX VENTURE:GSH), that an initial analysis by FSDI of KWG’s data has been completed. FSDI has indicated that the quality and extent of the data is adequate for FSDI to undertake a Feasibility Study on behalf of the parties. A meeting to establish terms of reference has been mutually scheduled by KWG and FSDI in January 2016.
KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) (“KWG”) met on Monday this week with the Mayor, CAO and EDO of the Municipality of Greenstone to discuss mutual plans being pursued by them with the Aroland First Nation for the possible development of beneficiation facilities at Exton, Ontario adjacent to the Aroland First Nation Reservation, in Greenstone’s Nakina ward.
A three judge panel of the Ontario Court of Appeal has reserved its decision following arguments presented today by Noront Resources Ltd. and the Attorney General of Ontario to the appeal of KWG Resources Inc.(CSE:KWG)(FRANKFURT:KW6) (“KWG”) subsidiary Canada Chrome Corporation.
KWG Resources Inc. (CSE:KWG) and China Railway First Survey & Design Institute Group Co., Ltd. (“FSDI”) have signed a Confidentiality and Non-Disclosure Agreement arranged by Golden Share Mining Corporation (TSX VENTRUE:GSH) (“GSH”), which includes a three-year standstill provision, to enable the scoping and engineering data of KWG subsidiary Canada Chrome Corporation to be made available for examination and analysis by FSDI.
The parties to the Black Horse chromite deposit are reviewing the opportunities available to them to collaborate in its development in order to lead further investment into the Ring of Fire.
The Board of Directors of KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) (“KWG”) has granted options to purchase 40,714,000 shares under its Incentive Stock Option Plan.