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 > KWG.A

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Post by miner540on Jan 18, 2023 3:00pm

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Post# 35231359

KWG.A

Everyone needs to relax - feels like there is some mis-information flowing around.

Reference page 33 of the Financial Statements which all shareholders should have received this week. There are 5.9M KWG.A issued and outstanding. TD has a sell order for 100K shares - which is 1.7% of the total shares. Not a big percentage.

This sell order represents $275K - you can decide how significant this is. The seller could be one of KWG's suppliers who were paid in shares and now needing cash or another shareholder who has a margin call or needs cash.

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The investment impact of the U.S. 25% tariff on Canadian imports