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Tag "kwg-resources-inc"

KWG Resources Inc.: $2 Million Private Placement Approval Extended 0

TORONTO, ONTARIO — (Marketwired) — 10/04/13 — KWG Resources Inc. (TSX VENTURE: KWG) ("KWG") has been granted a further extension of the conditional listing approval to complete the previously announced private placement of units of flow-through shares and share purchase warrants. The TSX Venture exchange has given the company until October 21, 2013 to complete the balance of the placement of units. A first tranche of $300,000 has closed and a second tranche of $250,000 has been su

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KWG Resources Inc.: Business Plan for ONR Development of Ring of Fire 0

TORONTO, ONTARIO — (Marketwired) — 09/16/13 — KWG Resources Inc. (TSX VENTURE: KWG) has previously advised the Minister of Northern Development and Mines (MNDM) that it would support the business plan proposed by the "New Deal" of the General Chairperson-s Association (GCA) representing unionized employees at Ontario Northland.It is a simple plan:Developing the Ring of Fire with a Northern Ontario transportation utility:Cause of the delay:After staking the right-of-way claims and

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No Easement for Cliffs on Canada Chrome Claims 0

TORONTO, ONTARIO — (Marketwired) — 09/11/13 — The Ontario Mining and Lands Commissioner today ordered that the application of 2274659 Ontario Inc., a subsidiary of Cliffs Natural Resources Inc., be dismissed.The applicant had sought an Order to dispense with the consent of Canada Chrome Corporation, a subsidiary of KWG Resources Inc. (TSX VENTURE: KWG), to an easement over mining claims that it had staked from Exton to the Ring of Fire. The easement was sought to build a road for the develo

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KWG Resources Inc.: Additional Data Increases Black Horse Inferred Tonnes and Grade 0

TORONTO, ONTARIO — (Marketwired) — 09/09/13 — KWG Resources Inc. (TSX VENTURE: KWG) ("KWG") has received from Sibley Basin Group Geological Consulting Services Ltd. a revised geological report and calculation of the resources inferred from drilling data recovered to date from the Black Horse chromite deposit.In 2008 Fancamp Exploration Ltd. and Noront Resources Ltd. had jointly completed diamond drill hole NOT-08-40 from a collar on the Noront claim to the west, into the mineraliz

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KWG Resources Inc.: 43.8 Million Tonnes of 37.5% Cr2O3 Inferred to Date at Black Horse 0

TORONTO, ONTARIO — (Marketwired) — 09/03/13 — KWG Resources Inc. (TSX VENTURE: KWG) ("KWG") has received from Sibley Basin Group Geological Consulting Services Ltd. its geological report and calculation of the resources inferred from drilling data recovered to date from the Black Horse chromite deposit. The report dated August 29, 2013 was authored by Alan Aubut, P. Geo., under the provisions of National Instrument 43-101 and the resources inferred therein were not informed by any

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KWG Resources Inc.: $2 Million Private Placement Approval Extended 0

TORONTO, ONTARIO — (Marketwired) — 08/21/13 — KWG Resources Inc. (TSX VENTURE: KWG) ("KWG") has been granted an extension of the conditional listing approval to complete the previously announced private placement of units of flow-through shares and share purchase warrants. The TSX Venture exchange has given the company until September 5th, 2013 to complete the balance of the placement of units. A first tranche of $300,000 has closed. Each unit comprises one flow-through treasury s

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KWG Resources Inc.: Black Horse Smelting Test Produces 61.9% Cr in Ferrochrome 0

TORONTO, ONTARIO — (Marketwired) — 08/14/13 — KWG Resources Inc. (TSX VENTURE: KWG) ("KWG") announces that a continuous pilot smelting campaign on Black Horse chromite drill core has been successfully completed with excellent results. A bulk sample comprised of 1186 kilograms of drill core collected from two holes drilled in 2010 was used for the test.Black Horse mineralized width increased to 109.91 metersWhen the Black Horse discovery was made, Fancamp Exploration Ltd. ("Fa

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KWG Completes First Tranche of Flow-Through Placement 0

MONTREAL, QUEBEC — (Marketwired) — 07/04/13 — KWG Resources Inc. (TSX VENTURE: KWG) has completed a first tranche of a private placement of flow-through units, for proceeds of $300,000. Each unit comprises one flow-through treasury share and one warrant which may be exercised to acquire a further flow-through share for $0.10 at any time within three years. The units may be acquired by qualified investors for a subscription of $0.05 each. The TSX Venture Exchange has conditionally approved t

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KWG Shareholders- Meeting Concludes 0

MONTREAL, QUEBEC — (Marketwired) — 06/26/13 — The postponed meeting of the shareholders of KWG Resources Inc. (TSX VENTURE: KWG) was concluded this morning. Cynthia Thomas, Douglas Flett, Thomas Pladsen and Frank Smeenk were re-elected as directors and Frank Smeenk and Thomas Masters were then respectively re-appointed as the Company-s President and Chief Financial Officer.The meeting had remarkable shareholder participation, with almost 380 million of the outstanding 691 million shares hav

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KWG Comments on Ring of Fire Developments 0

MONTREAL, QUEBEC — (Marketwired) — 06/17/13 — KWG Resources Inc. (TSX VENTURE: KWG) wishes to update stakeholders on its position concerning the development of its interests in the Ring of Fire.Chromite development: KWG is studying the feasibility of utilizing low cost natural gas with the Ring of Fire-s high-grade chromite to facilitate the production of direct-reduction iron and ferro-chrome products for export. A sufficient export market share would enable the achievement and maintenance

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