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KWG Resources Inc C.CACR

Alternate Symbol(s):  C.CACR.A | KWGBF

KWG Resources Inc. is a Canada-based exploration stage company. The Company is engaged in the discovery, delineation, and development of chromite deposits in the James Bay Lowlands of Northern Ontario. It is focused on two projects, which include Black Horse Project and Big Daddy Project. The Company’s Black Horse Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Black Horse chromite deposit, including over 1,024 hectares covered by four unpatented mining claims. The Big Daddy Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Big Daddy chromite deposit, including over 1,241 hectares covered by seven unpatented mining claims. The Company also owns a 30% interest in certain mining property claims contiguous to McFauld’s Lake in Ontario. Its subsidiaries include Canada Chrome Corporation, SMD Mining Corporation, Canada Chrome Mining Corporation, and Muketi Metallurgical General Partner Inc.


CSE:CACR - Post by User

Comment by startenouton Apr 10, 2022 8:36am
157 Views
Post# 34591560

RE:RE:RE:RE:Monthly report

RE:RE:RE:RE:Monthly report

Fordtrucks, I don't know what to tell ya. I would assume it means that RBC is fully versed on KWG's vision of what they would like to see happen and a few other alternatives as well. I would also assume that it means that , if various opportunities arise , RBC has KWG's back financially. I would also imagine they have had a few sit down discussions on interest rates, finders fees, warrants etc, so if KWG needs some financing they don't have to start at square one at the negotiating table, wich could save some time and also give KWG some piece of mind that they wont be left stranded if they need some cash. 

Remember how big Al was scrambling for cash when Wyloo put in their first? Bid , it was like Al was borrowing cash from the enemy to pay the enemy, financially, Noront was in a bad way and every time they turned around they were paying debt with shares at an exorbitant interest rate. 

the RBC quote you are refering to is c&p bellow.
In connection with the Issuer’s review of strategic opportunities and alternatives for development of its keystone assets in the Ring of Fire, the Issuer has engaged RBC Dominion Securities Inc. (“RBC”), a member company of RBC Capital Markets, as its exclusive financial advisor.

if others have more to add , or would like to correct how I explained this, please do so. Thanks, hope this helps FT.

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