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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
Post by westernkidon Jan 03, 2016 3:21am
237 Views
Post# 24425547

Negotiations Chinese Style ...

Negotiations Chinese Style ...
Patience. The Chinese are very famous and patience in their takeover steps (although "takeover" is not [to my knowledge] in their language). The Canadian government and mining industries should be well aware of these steps. 1. Funding. They will loan but probable want 50% ownership of the company stock. 2. They then will want multiple Directors - on the Board. 3. Contract: They will want, in the contract, that if a requirement for more funds arise that they will have the 1st rights of refusal to lending the money. And, the loans will be paid back on a quarterly basis, and they will require the loan, and the interest, to be paid back in stock shares. 4. Other Concessions; Special lower pricing (discounts schedules), things like preferential treatment for first in line for monthly mine production and processing plants. Dedicated Rail Road Cars used only for their materials and sent to their own Ships for ocean transportation. ...
Bullboard Posts