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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 Nov 21, 2013 2:33pm
197 Views
Post# 21928370

RE:RE:appeal

RE:RE:appealinvestorat. This is what we were told:

"TORONTO, ONTARIO--(Marketwired - Oct. 9, 2013) - Counsel for KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") has been served with a Notice of Appeal on behalf of the Cliffs Natural Resources Inc. subsidiary ("Cliffs") that recently lost its application to the Mining and Lands Commission.

Cliffs had sought an Order to dispense with the consent of KWG for the granting of an easement to Cliffs over mining claims previously staked and assessed by KWG. In a decision released on September 10, 2013 the Mining and Lands Commission dismissed the application."

It's not clear what CLF actually did apart from the above "to dispense with the consent of KWG for the granting of an easement to Cliffs over mining claims previously staked and assessed by KWG" other than to simply/stupidly advise KWG as above.

KWG is owed much much more than an apology by CLF.
 

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