Hole FW-09-29 encounters 75.2 metres of chromite mineralization averaging 43.41% Cr2O3, followed by 1.8 metres averaging 2.18 g/t PGE (Pt+Pd) Hole 29 cut a total of 108.5m of massive chromite in 4 separate intervals. Six of the seven holes reported herein encounter chromite mineralization in…
2009
KWG Placement Raises $3.1 Million
07 Dec 2009Montreal, Canada, December 7th, 2009 – KWG Resources Inc (TSXV: KWG) has completed the private placement of 47.5 million units for proceeds of $3.1 million. Each unit was comprised of one flow-through share and one-half common share purchase warrant. Each whole warrant may be exercised…
KWG Private Placement
24 Nov 2009Montreal, Canada, November 24th, 2009 – KWG Resources Inc (TSXV: KWG) advises that its previously announced flow-through private placement is expected to raise $3 million from the sale of 46.2 million units. Each unit will be comprised of one flow-through share and one-half common share…
Strike and Depth of Big Daddy Chromite Prospect expanding to northeast and beyond 250 metres depth Hole FWR-09-43 encounters 93 metres of chromite mineralization, including 76 metres of Massive Chromite TORONTO , ONTARIO – November 16, 2009 – Spider Resources Inc. (SPQ:TSX-V) (“Spider”), KWG Resources…
KWG Flow-Through Placement Terms
11 Nov 2009Montreal, Canada, November 11, 2009 – KWG Resources Inc. (TSXV: KWG) has received conditional listing approval for its previously announced private placement of flow-through shares. The listing approval covers up to $3 million in units with each unit comprised of one flow-through share and one-half…
KWG To Place Flow-Through Shares
16 Oct 2009Montreal, Canada, October 16th, 2009 – KWG Resources Inc (TSXV: KWG) intends to accept subscriptions from accredited investors for a non-brokered private placement of flow-through shares. A price reservation has been filed and terms of the placement will be finalized next week. Finder’s fees not…
KWG Board Awards Stock Options
15 Oct 2009Montreal, Canada, October 15th, 2009 – The Board of Directors of KWG Resources Inc (TSXV: KWG) has awarded 6,558,500 options to purchase treasury shares at $0.10 each, under the provisions of the Company’s Incentive Stock Option Plan. Of the total awards 3,293,500 were allocated to…
KWG Engages Investor Relations Professionals
15 Oct 2009Montreal, Canada, October 15th, 2009 – KWG Resources Inc (TSXV: KWG) has engaged Tydewell Consulting Inc of Vancouver and Ian Kilgour of Toronto to provide investor relations services at $5000 and $3000 monthly, respectively. The contracts are for six months expiring on April 15th, 2010….
KWG Unit Engages Railroad Engineering Firm
24 Sep 2009Montreal, Canada – KWG Resources Inc (TSXV: KWG) subsidiary Canada Chrome Corporation has engaged Krech Ojard & Associates, P.A. of Duluth, Minnesota to provide engineering services for the construction of a new 350km (210 mi) railroad link to the Ring of Fire. Krech Ojard is…
Montréal , Canada – KWG Resources Inc. (TSX-V: KWG) (“KWG”) advises that KWG and Spider have terminated past area of interest agreements. As a result of the termination of these agreements yesterday, the parties will no longer be obliged to share acquisitions in any area…