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 > Financing the railway?

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Comment by miner540on Feb 18, 2021 9:52am

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Post# 32594527

RE:RE:RE:RE:Financing the railway?

Thanks for everyone's comments on my original financing questions. There seems to be a path forward - lots of good options. It sounds like the discussions with FN are ongoing. The Tony hiring has to be viewed as a positive.

My question relates to comments that FN will be 50-50 partners. What form will this partnership take? I appreciate there will be employment opportunities - do we see equity involvement and at what cost?

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