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 > Why is Twiggy Forrest really buying Noront?

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Post by wheelsontherailon Jun 28, 2021 9:11am

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Post# 33458920

Why is Twiggy Forrest really buying Noront?

What is the only thing in Noront that isn't stranded, or mortgaged and royaltied to death, to make Twiggy want to pay $0.315 per share? Maybe 111 million shares of KWG with the egress, the reduction process, and the royalty-light Black Horse and Big Daddy? Did Twiggy just offer to pay about $1.18 per share for Noront's KWG block?

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