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 > New Press Release - KWG Announces Extension of Its Private Placement of Convertible Debentures and Appointment of New Director

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Comment by lou64on Sep 03, 2024 11:45am

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Post# 36206307

RE:RE:New Press Release - KWG Announces Extension of Its Private Placement of Convertible Debentures and Appointment of New Director

So what was the need or purpose of adding to the very end of news release ??????

Saudi Arabia's national mining company Ma'aden in a joint investment became a 10% shareholder of Vale in April 2024. Vale had previously acquired all of Canada's Inco in 2006.

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