Montréal, Canada – May 25, 2010 – KWG Resources Inc. (“KWG” or the “Company“) and Spider Resources Inc. (“Spider” – TSXV:SPQ) are pleased to announce that they have entered into a binding letter agreement (“Letter Agreement“) which sets out the principal terms upon which it is…
Montréal, Canada – December 21st, 2010 – KWG Resources Inc. (“KWG”) is pleased to announce that it has retained the services of RBL Communications (“RBL”) to implement and manage a complete social media program. The program is designed to provide KWG with a greater online…
Montréal, Canada – December 16th, 2010 – KWG Resources Inc. (“KWG”) advises that the Shareholder Rights Plan adopted by its Board of Directors on May 25, 2010 has been permitted to expire. The Company has also completed the first tranche of its previously announced flow-through private…
Montréal, Canada – KWG Resources Inc. (“KWG”) advises that its drilling program at Big Daddy is expected to be completed in the first two months of the New Year. Although the drilling platforms were constructed during the recovery of the bulk sample, it was determined…
Montréal, Canada – KWG Resources Inc. (“KWG”) reports that just under $2 million has been subscribed to its capital as a result of the exercise of outstanding options and warrants, each of which enabled their holders to purchase shares from treasury for $0.10 each. The…
Montréal, Canada – KWG Resources Inc. (“KWG”) has allocated its previously announced private placement amongst its institutional and accredited investor shareholders who will subscribe $3 million for flow-through shares at $0.13 each. Cliffs Greene B.V. did not exercise its option to acquire the placement nor…
Montréal, Canada – November 17th, 2010 – KWG Resources Inc. (“KWG”) has notified Cliffs Natural Resources Inc (“Cliffs”) that it will accept its offer of $0.19 per share for all of its shares of Spider Resources Inc. (“Spider”). The acceptance of the offer by KWG effects…
Montréal, Canada – November 16th, 2010 – KWG Resources Inc. (“KWG” or “the Company”) advises that Cliffs Greene B.V. (“Cliffs”) presently owns 19.3% of KWG’s equity on a fully diluted basis. Incorrect information was published in KWG’s news release yesterday, November 15, 2010. Cliffs is the…
Montréal, Canada – November 15th, 2010 – KWG Resources Inc. (“KWG” or “the Company”) advises that it has received conditional listing approval from the TSX Venture Exchange for a private placement of treasury shares to raise up to $3 million. The Company has provided notice of…
Montréal, Canada – October 13th, 2010 – KWG Resources Inc. (“KWG”) advises that it has recovered a bulk sample of more than two tonnes as required for ongoing metallurgical testing, from the Big Daddy chromite deposit. The sample was taken by drilling large diameter HQ core…