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 > Bold ventures waives right of 1st refusal

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Comment by greasemonkieson Aug 10, 2022 12:41pm

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Post# 34885266

RE:RE:Bold ventures waives right of 1st refusal

Fancamp, KWG receive Bold's Koper ROFR waiver

2022-08-10 12:24 ET - News Release

See News Release (C-FNC) Fancamp Exploration Ltd

Mr. Rajesh Sharma of Fancamp reports

KWG PURCHASE FROM FANCAMP TO PROCEED TO CLOSING AS BOLD VENTURES WAIVES RIGHT OF FIRST REFUSAL

Fancamp Exploration Ltd. and KWG Resources Inc. have noted that Bold Ventures Inc. has delivered a signed waiver in respect of its right of first refusal to acquire Fancamp interests in the four Koper Lake/McFaulds mining claims that contain the Black Horse chromite discovery, which KWG has offered to acquire from Fancamp as previously announced. The receipt of Bold's waiver will enable Fancamp and KWG to proceed with the Proposed Transaction, which is currently scheduled for closing on or prior to August 31, 2022, subject to customary closing conditions, including any regulatory approvals or filings. For more details on the Proposed Transaction, please refer to the joint news release of Fancamp and KWG dated July 21, 2022.

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Two micro-cap stocks with strong fundamentals