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Tag "kwg-resources-inc"

Trading in KWG Resources Shares Halted For Third-Party Announcement 0

TORONTO, ONTARIO — (Marketwire) — 10/19/12 — KWG Resources Inc. ("KWG" or "the Company") (TSX VENTURE: KWG) advises that trading in its shares was halted for an announcement this morning by the General Chairperson-s Association (GCA), representing unionized employees at Ontario Northland Transportation Commission (ONTC).The GCA has announced a revitalization plan for ONTC that includes the proposed construction of a rail link to the Ring of Fire mineral deposits in the J

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Galipeau to Leave KWG Board 0

TORONTO, ONTARIO — (Marketwire) — 09/10/12 — KWG Resources Inc. ("KWG" or "the Company") (TSX VENTURE: KWG) announces that Rene Galipeau has submitted his resignation as Director to the Board of Directors of KWG Resources Inc. The Company is grateful to Mr. Galipeau for his service as its Board Chairman throughout the proposed merger with Spider Resources Inc. and the subsequent redirection of its undertakings when Spider-s outstanding shares were acquired by Cliffs Natu

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KWG Files for Aggregate Permits 0

TORONTO, ONTARIO — (Marketwire) — 08/28/12 — The KWG Resources Inc. (TSX VENTURE: KWG) ("KWG") subsidiary Canada Chrome Corporation has filed applications with the Ministry of Natural Resources (MNR) for thirty-two aggregate permits at sites that are located within the mineral claims covering the company-s 308 kilometre-long railroad right-of-way. The sites were identified and investigated by Golder Associates during initial assessment work conducted for engineering feasibility st

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KWG Continues Normal Course Issuer Bid 0

TORONTO, ONTARIO — (Marketwire) — 08/22/12 — The KWG Resources Inc. (TSX VENTURE: KWG) Board of Directors has authorized the expenditure of up to $200,000 more for the purchase of up to 31.9 million of its common shares by way of normal course purchases on TSX Venture Exchange ("TSXV").KWG has purchased for cancellation a total of 7,460,000 shares of the Company for $500,000, at an average price of $0.0664 per share since commencing its purchases following the announcement of its

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KWG Provides Big Daddy Resource Update 0

MONTREAL, QUEBEC — (Marketwire) — 07/04/12 — KWG Resources Inc. (TSX VENTURE: KWG) has taken delivery of a 43-101 compliant resource estimate from Sibley Basin Group. The resource estimate is an update based on a 42-hole core-drilling program totaling 13,459 metres completed in March, 2012, and managed by the project operator, Cliffs Chromite Far North Inc. The objective of the program was to upgrade resources to the indicated and measured categories, suitable for use in mine design.At a 15

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KWG Resources Inc.: Ferrochrome Smelting Test of Big Daddy to Be Revisited 0

MONTREAL, QUEBEC — (Marketwire) — 06/11/12 — KWG Resources Inc. (TSX VENTURE: KWG) and Cliffs Natural Resources have now had an opportunity to consider the results of the smelting test conducted with part of the bulk sample recovered during last winter-s drilling program at the Big Daddy deposit. The test confirmed that the sample can produce a marketable charge chrome grade of ferrochrome product with relatively low energy consumption. However, the test experienced less than ideal conditio

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KWG Completes INV Acquisition & Announces Reconvened Meeting Date 0

MONTREAL, QUEBEC — (Marketwire) — 03/02/12 — KWG Resources Inc. (TSX VENTURE: KWG) (the "Company") announces that it has completed the previously announced acquisition of 49 unpatented claims from INV Metals Inc. in consideration of 3 million treasury units each comprised of one share and one 5-year warrant exercisable at $0.12. The claims are located south of McFaulds Lake and the Ring of Fire and complete an important section of the railway corridor staked by KWG subsidiary Cana

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KWG Announces Annual and General Meeting of Shareholders 0

MONTREAL, QUEBEC — (Marketwire) — 02/07/12 — KWG Resources Inc. (TSX VENTURE: KWG) will host its Annual and General Meeting of Shareholders on February 29, 2012 at 11:00am (local time) at the Saint-James Club of Montreal, 1145 Union Avenue, Montreal, Quebec.The purposes of the meeting are described in the Notice of Annual and Special Meeting of Shareholders mailed to shareholders February 2, 2012 and available on SEDAR at . The Notice of Meeting sets out a number of matters that shareholder

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KWG Completes Sale of 1% NSR to Anglo Pacific Group for $18 Million 0

MONTREAL, QUEBEC — (Marketwire) — 08/04/11 — KWG Resources Inc. (TSX VENTURE: KWG) has completed the sale of net smelter royalty interests ("NSR") in the Black Thor, Black Label and Big Daddy chromite deposits to Anglo Pacific Group PLC (TSX: APY)(LSE: APF) for US$18 million.Half of the purchase price has been received by KWG and the remaining 50% has been received by an escrow agent to be held in escrow for a period of three months as security for KWG-s indemnification obligation

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KWG to Sell 1% NSR to Anglo Pacific Group for $18 Million 0

Ring of Fire Chromite Receives International Attention

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