Bullboard - Stock Discussion Forum 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... see more

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KWG Resources Inc > They sure are not shareholder friendly

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Post by stockshack on Apr 24, 2023 5:26pm

They sure are not shareholder friendly

With a loss of 47m for the 9mo ending Sept 30th, how do they expect to pay 5% on 3m?

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Comment by doggy123 on Apr 25, 2023 8:20am

explain number two..... 2 business days after completion of of a take-over bid or a merger

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Comment by stockshack on Apr 25, 2023 8:51am

It's just part of the conditions of the convertible debentures. On the maturity date of Apr 24 2026 the company has the option to pay cash (other than in the event of a conversion) or what ever conditions of a business combination. Standard stuff.

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KWG Resources Inc