Bullboard - Stock Discussion Forum 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... see more

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KWG Resources Inc > And the Noose Tightens

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Post by Dragon2024 on Nov 29, 2024 11:09am

And the Noose Tightens

Fancamp’s shareholding in KWG Resources Inc., carrying on business as the Canadian Chrome Corporation (KWG), has increased progressively further due to the quarterly issue of shares in lieu of interest payments for the Fancamp Secured Convertible Promissory Note for $34.5 million in KWG. The Corporation now owns an equivalent of ~2.29 million Multiple Voting Shares of KWG, which is ~10.2% of issued and outstanding shares of KWG.

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