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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

Comment by Aallyyon Feb 02, 2024 9:40pm
186 Views
Post# 35860783

RE:RE:Stand strong KWG_CACR 'ers

RE:RE:Stand strong KWG_CACR 'ersDragon23, thanks for your comment. The fat cats at fancamp have no interest in Frank's vision from what I see.  The response by them to any merger or POA was stymied by the egregious and  grotesque placement announced on Dec 21st and their reaction to KWG having control of Magpie.

Frank has the heart  and courage of a lion, let him roar.  He, at least, will try to maneuver KWG down the right path. Fancamp is the bug in the ointment. Sharma is on both boards and that can't be easy.

Imo, the solution lies at this point by  the cancellation of the PP by the TSX.V. and a  demand from the BCSC  for fancamp to  hold its overdue AGM.  The last AGM was held  October 31st, 2022.  There would be a good chance to throw them out.

As I see it,  FNC are operating rogue, without a mandate from the shareholders. Not a peep about the delayed AGM only rumors it will be sometime in the next ten years.

 Yes, I have read the agreement  and yes it is a b*tch. They would get it all, and being pirate like, that is certainly a  desirous challenge for them.


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