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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Post by lowboyon Feb 13, 2012 7:56pm

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Post# 19528496

soo,I vote yes

to everything, the 50/1 goes thru, then I get another letter in the mail asking me if I want to convert my shares to the preferred 50/1 shares,I say no because I think exchanging them back to singles at a later date could require a lawyer(pg 28 of the package),also I say no because both share prices will rise or fall in tandem.

So, I'm somewhat willing to vote yes, but still wondering why I should convert,if the actual VALUE of my shares will remain the same, weather 50/1 or status quo??

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