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KWG Resources Inc C.CACR

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

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.


CSE:CACR - Post by User

Bullboard Posts
Comment by oreelseon Oct 06, 2013 1:49pm
189 Views
Post# 21794739

RE:RE:RE:RE:RE:gauging Aboriginal peoples progress

RE:RE:RE:RE:RE:gauging Aboriginal peoples progressPM Harper, conspicuously in Obama's dumb absence, wisely accepts a Cnd $36 Billion Malaysia commitment to Canada. This will make it that much easier for KWG to speed up fully funding KWG's RR, KWG's Chromite Upgrading Facilities. KWG's Cr related International Producer to Consumer Marketing & above all FN upward mobility fast-tracking. Malaysia's upward mobility successes are a model to behold. By Manirajan Ramasamy - Oct 6, 2013 12:01 PM ET . Petroliam Nasional Bhd., Malaysia’s state energy company, will build a C$36 billion ($35 billion) liquified natural gas plant and pipeline in Canada, Prime Minister Najib Razak said yesterday. “This is a very significant landmark decision by Petronas, done in the wake of our friendly relationship,” Najib said at a press conference with Canadian Prime Minister Stephen Harper in Putrajaya, outside of Kuala Lumpur. Petronas, as Petroliam Nasional is known, completed the C$5.2 billion takeover of Canada’s Progress Energy Resources Corp. in 2012, after Harper’s government initially blocked the deal. Najib confirmed in April that he wrote a letter to his counterpart giving assurances of minimal state interference in the oil and gas group’s daily operations. Petronas made commitments in areas of governance, transparency, employment and capital investment, according to a December 2012 statement by Canada’s industry ministry. The acquisition gave the Southeast Asian group ownership of the second-biggest stakeholder in the Montney shale-gas area of British Columbia, and full control of three Progress Energy fields in which Petronas previously held stakes. “We view Petronas investments very positively, and all the indications I have is that Petronas is looking at further investments,” Harper said yesterday. “The government of Canada is very excited by that possibility as are all those I’ve talked to in the energy sector.”
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