KWG Resources Inc C.CACR

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

Metals & Mining Copper

KWG Resources Inc. is a Canada-based exploration stage company. It is focused on acquisition of interests in, and the exploration, evaluation and development of deposits of minerals including chromite, base metals and strategic minerals. It is the owner of 100% of the Black Horse chromite project. It also holds other area interests, including a 100% interest in the Hornby claims, a 15% vested interest in the McFaulds copper/zinc project and a vested 30% interest in the Big Daddy chromite project. It has also acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. It also owns 100% of Canada Chrome Corporation, a business of KWG Resources Inc., (the Subsidiary), which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. The Subsidiary has identified deposits of aggregate along the route and made an application for approximately 32 aggregate extraction permits.

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KWG Resources Inc

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Comment by Tumbleweed67on Feb 01, 2011 11:57pm

448 Views

Post# 18059736

RE: RE: Quite the News

Is he gone completely, or just no longer the Company's Executive Vice-Chairman?
Doesn't say anything about stepping down from BoD, but the word "retired" leads one to think so.
He still has over 700k shares, so don't figure his selling is done.
If he truly is retiring altogether, he'll just "cease to be an insider", and we won't see his activity.

TW

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