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

Bullboard Posts

Comment by rallardon Feb 28, 2013 2:33pm

175 Views

Post# 21057117

RE: RE: RE: RE: RE: RE: RE: For polly

CLF's has to ask for a valuation before any bid can be made for KWG. After the valuation CLF's can put any bid in they want. KWG management can't endorse a bid below the valuation however. SH could sell into this bid but why would anyone accept anything below the valuation?

OSC rules are clear on this.

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