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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 Dragon2024on Nov 25, 2024 2:34pm
79 Views
Post# 36329639

RE:Fnc up

RE:Fnc upC17......"Our Team" has been a Lame Duck team for a very long time......since the FNC Debt Albatross was embraced by Frank. Time to acknowledge and accept this. FNC  are in complete and total control of the outcome here. I just hope that our debt-holder 'allows' a decent payday for KWG shareholders in the same way RCF allowed it for Noront shareholders. The very significant and important difference is that the Noront team, led by Alan Coutts continued to promote Noront all along the way to the eventual payday. Our mouse team have slithered away....so we now wait for Rajesh to complete this part of the ROF story. Who knows......if BHP is circling, we may get a decent offer. 
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