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KWG Resources Inc C.CACR

Alternate Symbol(s):  C.CACR.A | KWGBF

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 miner540on Aug 16, 2024 10:43am
174 Views
Post# 36182497

RE:Fancamp Provides Comment on Canadian Chrome Company

RE:Fancamp Provides Comment on Canadian Chrome CompanyInteresting that FNC provides an update on the KWG agreement regarding Magpie shares expiring.  Was really thinking KWG should have provided the update to its shareholders.

Most significant is the comments from Sharma;

We are pleased that, following the expiration of CCC’s agreement with Peter Smith and Fouad Kamaleddine, Fancamp is able to overcome the ongoing issues with CCC related to this agreement. Fancamp is keen to pursue mutual interests and advance future constructive collaboration with CCC, which holds high quality assets in the Ring of Fire.

Kiss and make up allowing FNC/KWG to work together to pursue mutal interests - ie ROF.
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