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KWG Resources Inc C.CACR

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

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

Post by oilinvestor2022on May 31, 2022 4:52am
308 Views
Post# 34719072

Cash Available until 2/3 of year termed in MD and A

Cash Available until 2/3 of year termed in MD and A

RBC has been hired for either finding a dance partner, completing some form of a sale (company in it's entirety  or potential other options).
 

I believe the timing couldn't have been better.  Who wants an equity raise?  Not me.  The election will likely give a boost to the share price.  News from management will be limited as they are "blacked out until this process is complete".

Campaign promise by PC Party:
 

Progressive Conservative Leader Doug Ford doubled down on his promise to build a $1-billion road to the Ring of Fire during a campaign stop in Sault Ste. Marie, Ont., on Saturday.

The mineral deposit located about 500 kilometres north of Thunder Bay, Ont., has taken on new importance as the province has shifted its sights to the production of electric vehicles and mining the critical minerals needed to produce their batteries.

"As we build new EV battery facilities and secure massive new investments from the auto companies, these resources have never been more important," Ford said on Saturday.

Ford Election polls show a large lead prior to Election Day.  Ring of Fire gamblers hold onto your seats and ready for take off.

Do your own due dilegence and best of luck everyone!!! Wheels on the bus better get out of his parents basement and cast his vote!!! Lol

oil investor

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