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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

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Post by fahrenheit911on Feb 04, 2016 10:17am
110 Views
Post# 24523685

Trudeau backs away from election pledge on First Nation veto

Trudeau backs away from election pledge on First Nation veto

APTN National News
EDMONTON—Prime Minister Justin Trudeau appeared to back away Wednesday from an election pledge that First Nations would have a veto over natural resource projects on their territories.

Trudeau was in Edmonton to meet with Alberta Premier Rachel Notley whose provincial economy has been crippled by plummeting oil prices.

Alberta’s economic woes are also being felt across the country and it has increased pressure on Ottawa to back pipelines that will move Alberta-mined bitumen to tidewater.

During a joint press conference with Notley, Trudeau was asked whether he would still stick to his pledged that a First Nation’s no meant “no” on TransCanada’s proposed cross-country Energy East pipeline project and Kinder Morgan’s Trans Mountain pipeline project in British Columbia.

The prime minister responded saying that he was committed to a “renewed relationship” with First Nations that “respect inherent and treaty rights.” He said the federal Liberal government looked to “First Nations and Indigenous peoples as partners in all that happens in this land.”

During an APTN virtual town hall held during the election campaign Trudeau was asked by anchor Cheryl McKenzie whether a no would “mean no under your government?”

Trudeau responded, “Absolutely.”

news@aptn.ca

https://aptn.ca/news/2016/02/04/trudeau-election-pledge-on-first-nation/


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