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 > Wyloo Already owns KWG shares

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Post by chickendinneron Jan 16, 2023 12:38pm

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Post# 35225895

Wyloo Already owns KWG shares

when Wyloo bought Noront they inherited a whole bunch of KWG shares. Does anybody know how many shares they got from the buy? wyloo might already own more than 10% of KWG. if that is the case Wyloo cannot buy any more shares without stating their intentions regarding KWG. Am I correct in this assumption?

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