KWG Resources Inc C.CACR

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

Metals & Mining Industrial Metals & Minerals

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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Comment by MarlboroDogon Feb 21, 2017 7:49pm

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Post# 25874689

RE:record date

ThatsTheTruth wrote: The record date for a security can be thought of in the same way as the settlement date. That's when the transfer agent records the new owner of the shares.

The ex-dividend date is the last date that a share owner can still receive a dividend, which goes to the owner of the shares on the record date. Therefore the ex-dividend date is three days before the record date, to account for the three day settlement period.

TTT

Thank you. That's something I was uncertain about. I wasn't sure if the Date of Record was considered to be equivalent to an ex-dividend date. Your clarification makes sense.

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