KWG Resources Inc C.CACR

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

Metals & Mining Industrial Metals & Minerals

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 F-16Horneton Jul 04, 2011 1:54pm

173 Views

Post# 18793312

RE: RE: RE: 1/2 Billion

rallard, don't concern yourself about my education. Your feelings may be hurt. The evaluation thing is nonsense. If Cliffs have 19.3% of KWG it was with an exemption under the NI

This can be done under certain circumstances, such as paying for something with stock. On the market Cliffs can't go over 10% without an offer for the balance of the stock outstanding.

Do you actually own stock? Hard to believe!

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