Montreal, 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…
Montreal, 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…
Montreal, 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…
Montreal, 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…
Montreal, 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…
Montreal, 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….
Montreal, 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…
Freewest Grants Options to KWG and Spider to Earn an Aggregate 10% Additional Interest by Incurring $15 Million in Expenditures by March 2012 KWG and Spider Each Currently Holds a 25% Interest in McFaulds Joint Venture Property Montreal, Canada – September 14th, 2009 – KWG Resources Inc. (KWG:TSX-V) (“KWG”)…