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.

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KWG Resources Inc > KWG share count - 3B shares outstanding

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Post by miner540on Feb 08, 2023 3:38pm

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Post# 35275361

KWG share count - 3B shares outstanding

There seems to be some confusion on the actual share count on a fully diluted basis. Fully diluted KWG has approximately 3B shares outstanding.

KWG shares 1.2B
KWG.A shares 8.1M x 100 = .81B
FNC note 7.4M x 100 = .74B
FNC warrants 4.0M x 100 = .4B
Total 3.15B fully diluted shares outstanding

FNC's share of KWG is 36%

If KWG sold for NOT money ($650M) the value per share is $0.20

Please don't shoot the messenger, I am trying to correct some mis-information that is floating around.

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