A press releases went out yesterday about stock options?https://www.stockwatch.com/
KWG Resources grants options to buy 279,470 shares
2021-01-29 12:15 ET - News Release
Mr. Bruce Hodgman reports
KWG GRANTS INCENTIVE STOCK OPTIONS
KWG Resources Inc. has granted options to buy, at $3 each, 279,470 KWG.A shares from treasury under the provisions of its incentive stock option plan. The company granted 114,285 options to its 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 on Jan. 29, 2026.
Canada Chrome Corp.
KWG announced last week that Tony Marquis has agreed to be the president and chief operating officer of CCC, a wholly owned subsidiary of KWG, which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railway to the Ring of Fire from Aroland, Ont. Mr. Marquis has been a top-tier executive with both Canadian National Railway and Canadian Pacific Railway, where he played an integral role in the two most successful railway turnarounds in North America. At both companies, he worked closely with his mentor, Hunter Harrison, who led both railways to becoming the most efficient in the industry.
About KWG Resources Inc.
KWG is the operator of the Black Horse joint venture after acquiring a vested 50-per-cent interest through Bold Ventures Inc. from Fancamp Exploration Ltd. KWG finances all joint venture exploration expenditures and Bold is carried for a 20-per-cent interest in KWG's interest. KWG has also received patents in Canada, South Africa and Kazakhstan and is prosecuting patent applications in India, Indonesia, Japan, South Korea, Turkey and the United States for the direct reduction of chromite to metalized iron and chrome using natural gas and an accelerant. It has also received a U.S. patent for production of low-carbon chromium iron alloys.
We seek Safe Harbor.
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