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…
News
Montréal, Canada – May 25, 2010 – KWG Resources Inc. (“KWG” or the “Company“) announces today that the board of directors of the Corporation has approved the adoption of a shareholder rights plan, effective May 25, 2010. The objective of the rights plan is to…
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…
KWG Board Appoints New Director
24 May 2010Montréal, 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…
KWG Closes Final Tranche Of Private Placement
21 Apr 2010Montréal, 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…
KWG Closes Second Tranche Of Private Placement
16 Apr 2010Montréal, 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…