KWG Resources Inc Announces Nomination of Fiona Blondin for New Director Position and Election by KWG Shareholders
Toronto, Ontario--(Newsfile Corp. - September 20, 2021) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW61) ("KWG" or the "Company") ("KWG") is pleased to announce that Fiona Blondin has agreed to accept her election as a director of the Company. As the proxy materials for the Special Meeting of Shareholders to be convened September 21, 2021, have already been mailed, KWG management will be seeking at the shareholder meeting approval of KWG shareholders to expand the Company's Board of...
2021-09-20 8:00 AM EDT
KWG Schedules Shareholders Meeting, Proposes to Split Multiple-Voting Shares Three-For-One and to Proceed with Financings
Toronto, Ontario--(Newsfile Corp. - August 23, 2021) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW61) ("KWG" or the "Company") ("KWG") has filed proxy materials for an Annual and Special Meeting of Shareholders to be convened on September 21, 2021 at which management will seek approval to amend the Company's Articles of Incorporation to, amongst other things, adjust the share exchange ratio between its multiple voting shares and its subordinate voting shares from 300:1 to 100:1 by...
2021-08-23 2:12 PM EDT
KWG Announces Ring of Fire Ore Transportation and Utility Corridor
Toronto, Ontario--(Newsfile Corp. - July 29, 2021) - KWG Resources Inc. (CSE: KWG) (FSE: KW61) ("KWG" or the "Company") ("KWG") has engaged Rail-Veyor Technologies Global Inc. and Cormorant Utility Services Ltd. for the preparation of Design Engineering Feasibility Proposals to construct an ore haulage system and electrical power transmission lines to the Ring of Fire and several contiguous remote communities. The power line proposal will enable the Rail-Veyor proposal to be prepared on the...
2021-07-29 9:28 AM EDT
KWG Announces Ring of Fire Ore Transportation and Utility Corridor
Toronto, Ontario--(Newsfile Corp. - July 27, 2021) - KWG Resources Inc. (CSE: KWG) (FSE: KW6) ("KWG" or the "Company") ("KWG") has engaged Rail-Veyor Technologies Global Inc. and Cormorant Utility Services Ltd. for the preparation of Design Engineering Feasibility Proposals to construct an ore haulage system and electrical power transmission lines to the Ring of Fire and several contiguous remote communities. The power line proposal will enable the Rail-Veyor proposal to be prepared on the...
2021-07-27 3:00 PM EDT
KWG: Continuous Disclosure Review
Toronto, Ontario--(Newsfile Corp. - July 16, 2021) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG") ("KWG" or the "Company") has been requested by staff ("Staff") of the Ontario Securities Commission ("OSC") to publish clarification of certain matters following an issue-oriented review by Staff of the OSC of KWG's continuous disclosure record. Economic Projections: The Company has filed a number of technical reports in accordance with NI 43-101. They include technical reports...
2021-07-16 3:36 PM EDT
KWG Grants Options and Proposes Private Placement of $5 Million Convertible Debenture
Toronto, Ontario--(Newsfile Corp. - June 18, 2021) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") announces that it has granted options to buy for $7.95 each 98,817 KWG.A shares from treasury under the provisions of its Incentive Stock Option Plan. 20,667 options were awarded to the Company's four executive officers, 51,164 to its three non-executive directors and 26,986 to seven consultants. The options may be exercised at any time prior to their expiry on...
2021-06-18 2:56 PM EDT
Canada Chrome Looks to Rail-Veyor for Transport, KWG Looks to USA for Strategic Sales of Critical Chrome
Toronto, Ontario--(Newsfile Corp. - April 21, 2021) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") subsidiary CANADA CHROME CORP ('CCC') has launched a website (www.canadachromecorp.com) focusing on transportation of mine production from the Ring of Fire mineral interests. The website includes a scoping study report prepared for CCC by Rail-Veyor Technologies Global Inc for the transportation of 10 million tons per annum of chromite ore. "This appears to be a...
2021-04-21 3:21 PM EDT
KWG Completes Debenture Conversion to Units
Toronto, Ontario--(Newsfile Corp. - April 1, 2021) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW61) ("KWG" or the "Company") announces completion of the conversion on March 31, 2021 of the outstanding Convertible Debentures convertible at the Company's option into Units with a deemed value of $21 per unit ("Unit"). Each Unit is comprised of four KWG.A multiple voting shares and four multiple voting share purchase warrants with each such warrant enabling its holder to acquire one...
2021-04-01 3:39 PM EDT
KWG Extends Warrants on Debenture Conversion to Units
Toronto, Ontario--(Newsfile Corp. - March 29, 2021) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW61) ("KWG" or the "Company") announces that the time to exercise warrants to purchase KWG.A shares for $7.50 each will be extended to December 15th, 2022 upon conversion into Units of outstanding Convertible Debentures, effective as of March 31, 2021. The outstanding Convertible Debentures are convertible at the Company's option into Units with a deemed value of $21 per unit (each a...
2021-03-29 3:41 PM EDT
KWG: Proposed Debenture Issue Repriced, Notice of Unit Terms
Toronto, Ontario--(Newsfile Corp. - March 12, 2021) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") announced on January 22nd its intention to issue a Convertible Debenture to secure up to $1.1 million. The debenture will now be convertible at any time at the option of its holder, in whole or in part, into units at $7.50 each, comprised of one KWG.A multiple voting treasury share and a warrant to acquire at any time within 90 days a further KWG.A multiple...
2021-03-12 4:45 PM EST
KWG Resources Inc. & Canada Chrome Echo Matawa Regional Plan Call
Toronto, Ontario--(Newsfile Corp. - February 12, 2021) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") and its railroad subsidiary Canada Chrome Corporation ("CCC") confirm their support of regional development in the Ring of Fire business plan that they propound. "Now that railroader Tony Marquis has joined us, our next step is to ask for the purchase order at the Canada-USA Critical Minerals Task Force," said KWG CEO Frank Smeenk. "Then we can all get busy...
2021-02-12 8:42 AM EST
KWG Grants Incentive Stock Options
Toronto, Ontario--(Newsfile Corp. - January 29, 2021) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") announces that it has granted options to buy for $3.00 each 279,470 KWG.A shares from treasury under the provisions of its Incentive Stock Option Plan. 114,285 options were awarded to the Company's four executive officers, 98,505 to its three non-executive directors and 66,680 to eight consultants. The options may be exercised at any time prior to their expiry...
2021-01-29 12:02 PM EST
KWG Announces Notice of Proposed Debenture Issue and Conversion of CCC Equity
Toronto, Ontario--(Newsfile Corp. - January 22, 2021) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") announces a proposed financing in which it intends to issue Convertible Debentures to raise up to $1.1 million. Each debenture will be convertible at any time at the option of its holder, in whole or in part, into units (each a 'Unit') at $6.25 each, with each Unit being comprised of one KWG.A multiple voting treasury share and one warrant. Each warrant will...
2021-01-22 8:45 AM EST
Railroader Tony Marquis to Helm KWG's Canada Chrome Corp
Toronto, Ontario--(Newsfile Corp. - January 19, 2021) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") is pleased to announce that Tony Marquis has agreed to be the President and Chief Operating Officer of Canada Chrome Corporation ("CCC"). KWG owns 100% of CCC which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. Tony Marquis has been...
2021-01-19 8:36 AM EST
KWG Closes Previously Announced Private Placement of Flow-Through Units
Toronto, Ontario--(Newsfile Corp. - December 31, 2020) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") is pleased to announce the closing today of its previously announced non-brokered private placement (the "Private Placement") of 280,000 flow-through units (each a "Flow-Thorough Unit") at a price of $1.5001 per Flow-Through Unit for aggregate gross proceeds of $420,028 (see KWG's news release dated December 30, 2020). Each Flow-Through Unit is comprised of...
2020-12-31 2:12 PM EST
KWG Announces Proposed Private Placement of Flow-Through Units
Toronto, Ontario--(Newsfile Corp. - December 30, 2020) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") is pleased to announce a proposed non-brokered private placement of up to 280,000 flow-through units (each a "Flow-Thorough Unit") at a price of $1.5001 per Flow-Through Unit for aggregate gross proceeds of up to $420,028 (the "Offering"). Each Flow-Through Unit is comprised of one multiple voting share of the Company (each, a "Multiple Voting Share") issued...
2020-12-30 5:56 PM EST
KWG Updates Quarterly Filing Under COVID-19 Duress, Approval of $3 Million Convertible Debentures and $1 Million Flow-Through
Toronto, Ontario--(Newsfile Corp. - September 28, 2020) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") announces that due to circumstances created by the COVID-19 pandemic, the Ontario Securities Commission and other members of the Canadian Securities Administrators granted "Issuers" in the Canadian securities industry up to an additional 45 days, to complete statutory filings (the "Extension"). The Company intends to make the filings for the quarter ended...
2020-09-28 9:37 AM EDT
KWG Announces Delay in Quarterly Filing Under COVID-19 Duress, to Then File for Approval of $3 Million of Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - August 28, 2020) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW61) ("KWG" or the "Company") announces that due to circumstances created by the COVID-19 pandemic, the Ontario Securities Commission and other members of the Canadian Securities Administrators granted "Issuers" in the Canadian securities industry up to an additional 45 days, to complete statutory filings (the "Extension"). The Company intends to make the filings for the quarter ended June...
2020-08-28 1:57 PM EDT
KWG Announces Further Update to Its Q1 Filing Under COVID-19 Duress
Toronto, Ontario--(Newsfile Corp. - June 26, 2020) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") announces that, further to its news release dated May 28, 2020, the Company is expecting to file its interim financial statements and management discussion and analysis for the period ended March 31, 2020 (the "Interim Filings") by the extension date of July 14, 2020 pursuant to Ontario Instrument 51-502 - Temporary Exemption from Certain Corporate Finance...
2020-06-26 9:25 AM EDT
KWG Announces Further Update to Its Annual Filings and Delay in Q1 Filing Under COVID-19 Duress
Toronto, Ontario--(Newsfile Corp. - May 28, 2020) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") announces that, further to its news release dated April 28, 2020, the Company is expecting to file its audited financial statements and management discussion and analysis for the year ended December 31, 2019 (the "Annual Filings") by the extension date of June 13, 2020 pursuant to Ontario Instrument 51-502 - Temporary Exemption from Certain Corporate Finance...
2020-05-28 11:28 AM EDT