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

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Post by jamesbayon Feb 08, 2016 7:42am

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Post# 24534471

Tahoe Resources Inc to acquire Lake Shore Gold Corp in deal

ANCOUVER — Tahoe Resources Inc. has a friendly deal to buy Lake Shore Gold Corp. and its two mines in Northern Ontario in return for stock in the Vancouver-based mining (TSX:THO).

The proposed combination — which values Lake Shore at about $945 million — would add the Timmins West and Bell Creek mines in Timmins, Ont. to Tahoe’s holdings, which include mines in Guatemala and Peru.

Lake Shore shareholders are being offered 0.1467 of a Tahoe common share for each of their shares (TSX:LSG).

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