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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.


CSE:CACR - Post by User

KWG Resources Inc > Forget $5.00 Fridays - how about $10. Tuesdays O YAYA $$$$$$
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Comment by ClayTauruson Dec 30, 2021 1:48pm
138 Views
Post# 34271492

RE:RE:Forget $5.00 Fridays - how about $10. Tuesdays O YAYA $$$$$$

RE:RE:Forget $5.00 Fridays - how about $10. Tuesdays O YAYA $$$$$$Hi Lou,
I'd venture a guess that this is more of a factor for The Coutter and his merry band of sidekicks cashing in their options upon which there will be a tax liability for which the new Board could possibly be liable.  Given the impossibility of determinining every shareholder's ACB, it would be unlikely to apply to retail investors tendering under the offer.
Appreciate the heads-up on the clause though, and I'm further reviewing the Arrangement Agreement to parse a sense of the underlying intent and buyer psycology represented by the legal-speak as written.
Happy New Year, to you and all RoF supporters! 
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