KWG Announces Delay in Filing Under COVID-19 Duress; Seeks Approval for Issue of $3 Million of Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - April 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 year-end statutory filings (the "Extension"). The Company does not believe that it will be able to file...
2020-04-28 2:45 PM EDT
KWG Debentureholder Agrees to Extend Due Date in Exchange for Ferrochrome Warrants
Toronto, Ontario--(Newsfile Corp. - December 20, 2019) - The holder of a Convertible Debentures issued by KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") for proceeds of $500,000 has agreed to extend its maturity until March 26, 2021. As consideration for the extension, KWG will distribute ferrochrome delivery warrants ("Delivery Warrants") to the debenture holder and amend the redemption amount due and bearing interest as of December 19, 2019 to $525,000. For...
2019-12-20 11:24 AM EST
KWG to Issue Ferrochrome Warrants
Toronto, Ontario--(Newsfile Corp. - December 9, 2019) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Company") is pleased to announce that debenture-holders holding a requisite majority of Convertible Debentures issued by the Company with a maturity date of December 15, 2019 (collectively, the "Convertible Debentures") have agreed to extend until March 31, 2021 the time within which KWG may exercise the right to satisfy the Convertible Debentures by converting them...
2019-12-09 5:15 PM EST
KWG Resources Extends Convertible Debenture Term
Toronto, Ontario--(Newsfile Corp. - October 3, 2019) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW61) ("KWG" or the "Corporation") has agreed to extend to December 2nd, 2019 the time within which the holder of its $500,000 convertible debenture may elect to exercise its conversion option. Within that time all or part of the sum secured by the debenture is convertible at the option of the holder into units with a deemed value of $21 per unit (each a "Unit"). Each Unit is comprised of...
2019-10-03 10:22 AM EDT
KWG Resources Announces Closing of Final Tranche of Its Convertible Debenture Private Placement
Toronto, Ontario--(Newsfile Corp. - August 27, 2019) - KWG Resources Inc. (CSE: KWG) (FSE: KW6) ("KWG" or the "Corporation") is pleased to announce closing on August 26, 2019 of the final tranche of its private placement (the "Private Placement") of convertible debentures. This tranche was comprised of an aggregate of $395,450 of debentures, bringing the total principal amount of debentures issued under the various tranches of the Private Placement to $3,775,405.83. The debentures are...
2019-08-27 4:30 PM EDT
KWG Resources Announces Closing of Another Tranche of Its Convertible Debenture Private Placement
Toronto, Ontario--(Newsfile Corp. - June 18, 2019) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW61) ("KWG" or the "Corporation") is pleased to announce closing on June 17, 2019 of another tranche of its private placement (the "Private Placement") of convertible debentures. This tranche was comprised of an aggregate of $100,000 of debentures. The debentures are convertible, at the option of KWG at any time or at the option of the holder within 30 days prior to maturity or redemption,...
2019-06-18 8:34 AM EDT
KWG Resources Announces Final Tranche of Convertible Debenture Placement
Toronto, Ontario--(Newsfile Corp. - June 11, 2019) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Corporation") has applied for Canadian Securities Exchange approval for the private placement of a final tranche of $3,147,444 of debentures convertible at the option of KWG into units with a deemed value of $21 per unit (each a "Unit"). Each subscriber will receive an option to acquire an equal amount of additional debentures at any time within four (4) months from...
2019-06-11 4:06 PM EDT
KWG Resources Announces Closing of Another Tranche of Its Convertible Debenture Private Placement
Toronto, Ontario--(Newsfile Corp. - March 18, 2019) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6) ("KWG" or the "Corporation") is pleased to announce closing on March 15, 2019 of another tranche of its private placement (the "Private Placement") convertible debentures. This tranche was comprised of an aggregate of $775,647.58 of debentures. The debentures are convertible at the option of KWG into units (each a "Unit") with a deemed value of $21 per unit. Each subscriber received an...
2019-03-18 10:10 AM EDT
Debut Diamonds Announces Engagement of KWG as Sales Agent, Board Changes, Private Placement, and Sale of Control
Toronto, Ontario--(Newsfile Corp. - November 26, 2018) - Debut Diamonds Inc. ("Debut Diamonds" or the "Company") today announced a series of transactions, including the engagement of KWG Resources Inc. (CSE: KWG) ("KWG") as its exclusive agent to source buyers for its various diamond mineral resource properties, changes to its board of directors, a proposed private placement, a proposed conversion of debt into common shares of the Company ("Common Shares"), and the sale by KWG of all of the...
2018-11-26 10:13 PM EST
RETRANSMISSION: KWG Resources Inc.: Marten Falls EA Proponency a Game-Changer
Toronto, Ontario--(Newsfile Corp. - November 26, 2018) - KWG Resources Inc. (CSE: KWG.A) (CSE: KWG) (OTC: KWGBF) (FSE: KW6) ("KWG"), applauds Chief and Council of the Marten Falls First Nation for their leadership in assuming proponency of the Environmental Assessment for transportation infrastructure in their traditional territory. They made the following announcement Thursday afternoon: THUNDER BAY, ON, Nov. 22, 2018 - Marten Falls First Nation and Ontario announced the agreement to study a...
2018-11-26 11:09 AM EST
KWG Resources Inc.: Marten Falls EA Proponency a Game-Changer
Toronto, Ontario--(Newsfile Corp. - November 23, 2018) - KWG Resources Inc. (CSE: KWG.A) (CSE: KWG) (OTC: KWGBF) (FSE: KW6) ("KWG") applauds Chief and Council of the Marten Falls First Nation for their leadership in assuming proponency of the Environmental Assessment for transportation infrastructure in their traditional territory. They made the following announcement yesterday afternoon: THUNDER BAY, ON, Nov. 22, 2018 - Marten Falls First Nation and Ontario announced the agreement to study a...
2018-11-23 9:54 AM EST
KWG Resources Inc.: Adjourned Shareholders Meeting Terminated
Toronto, Ontario--(Newsfile Corp. - October 11, 2018) - KWG Resources Inc. (CSE: KWG.A) (CSE: KWG) (OTC: KWGBF) (FSE: KW6) ("KWG")has terminated the meeting of its shareholders which had been adjourned to 11:00 o'clock on Friday, October 12, 2018. The purpose of the adjournment was to solicit votes in favour of a special resolution to amend the Articles of Incorporation of the Company to provide its Board of Directors with authority to issue special shares. While a large majority of the...
2018-10-11 4:34 PM EDT
KWG Resources: Exercise Time Extended for Options to Acquire Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - September 28, 2018) - KWG Resources Inc. (CSE: KWG.A) (CSE: KWG) (OTC: KWGBF) (FSE: KW6) ("KWG") has advised the Canadian Securities Exchange that it will extend for a further 120 days from today, the time within which existing options to acquire additional Convertible Debentures of the Corporation may be exercised. As previously announced the Company received CSE approval for a private placement to a maximum of $3,000,000 of debentures convertible at the...
2018-09-28 2:56 PM EDT
KWG Announces Results and Adjournment of Annual and Special Shareholders' Meeting
Toronto, Ontario--(Newsfile Corp. - September 12, 2018) - KWG Resources Inc. (CSE: KWG) (FSE: KW61) ("KWG" or the "Company") is pleased to announce the results of the annual and special meeting of shareholders (the "Meeting") held September 11, 2018. Shareholders holding an aggregate of 410,411,070 votes (40.32% of the outstanding votes) were present or represented by proxy at the Meeting. The shareholders voted in favour of four of the items tabled at the Meeting, namely: (i) the...
2018-09-12 10:00 AM EDT
KWG Resources Inc.: Sale from Control Block of Debut Diamonds Inc.
Toronto, Ontario--(Newsfile Corp. - September 6, 2018) - KWG Resources Inc. (CSE: KWG) (OTC: KWGBF) (FSE: KW6) ("KWG") announces that today it disposed of 8,450,000 common shares (the "Common Shares") in the capital of Debut Diamonds Inc. ("Debut Diamonds" or the "Issuer") (CSE: DDI) at a price of $0.005 per Common Share through the Canadian Securities Exchange. Prior to disposing of such Common Shares, KWG owned or controlled 131,515,500 Common Shares representing approximately 64.40% of the...
2018-09-06 4:30 PM EDT
KWG Resources Inc. Announces Sale from Control Block of Debut Diamonds Inc.
Toronto, Ontario--(Newsfile Corp. - September 5, 2018) - KWG Resources Inc. (CSE: KWG) (OTC: KWGBF) (FSE: KW6) ("KWG") announces that on September 4, 2018, it disposed of 3,000,000 common shares (the "Common Shares") in the capital of Debut Diamonds Inc. ("Debut Diamonds" or the "Issuer") at a price of $0.005 per Common Share through the Canadian Securities Exchange. Prior to disposing of such Common Shares, KWG owned or controlled 134,515,500 Common Shares representing approximately 65.9% of...
2018-09-05 5:12 PM EDT
KWG: For Clarification Requested by OSC
Toronto, Ontario--(Newsfile Corp. - July 18, 2018) - KWG Resources Inc. (CSE: KWG.A) (CSE: KWG) (OTC: KWGBF) (FSE: KW61) ("KWG") has been requested by staff of the Ontario Securities Commission to publish the following tabulation of its mineral resources, for clarification of information contained in its Press Release No. 276 dated March 5th, 2018:
2018-07-18 12:51 PM EDT
KWG: For Clarification Requested by OSC
Toronto, Canada--(Newsfile Corp. - July 18, 2018) - KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (OTC: KWGBF) (FSE: KW61) ("KWG") has been requested by staff of the Ontario Securities Commission to publish the following clarification of information contained in its Press Release No. 276 dated March 5th, 2018: Anticipated future production of chromium ores from the Ring of Fire properties is hypothetical and has no basis in any mining study; and Chromium resources in the Ring of Fire area are...
2018-07-18 10:48 AM EDT
KWG: Exercise Time Extended for Options to Acquire Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - June 29, 2018) - KWG Resources Inc. (CSE: KWG.A) (CSE: KWG) (OTC: KWGBF) (FSE: KW61) ("KWG") has advised the Canadian Securities Exchange that it will extend to September 28, 2018 the time within which options to acquire additional Convertible Debentures of the Corporation may be exercised. As previously announced the Company received CSE approval for a private placement to a maximum of $3,000,000 of debentures convertible at the option of KWG into units...
2018-06-29 10:02 AM EDT
KWG to Host Maxime Bernier Post-Provincial Election Mining Talk
Toronto, Ontario--(Newsfile Corp. - May 24, 2018) - KWG Resources Inc. (CSE: KWG.A) (CSE: KWG) (OTC: KWGBF) (FSE: KW6) ("KWG") is pleased to host the Honourable Maxime Bernier in a post provincial election talk on mining in Ontario, June 14th, 2018, at the KWG offices. "Maxime Bernier supports our vision that the development of the Ring of Fire can be expedited by the needed transportation infrastructure being built and owned by a transportation authority", commented KWG CEO Frank Smeenk....
2018-05-24 2:43 PM EDT