KWG Resources Inc. is pleased to announce that Tony Marquis has agreed to be the President and Chief Operating Officer of Canada Chrome Corporation . KWG owns 100% of CCC which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. Tony Marquis has been a top tier executive with both CN and CP, where he [...]
KWG Resources Inc. is pleased to announce the closing today of its previously announced non-brokered private placement of 280,000 flow-through units at a price of $1.5001 per Flow-Through Unit for aggregate gross proceeds of $420,028 . Each Flow-Through Unit is comprised of one multiple voting share of the Company issued on a "flow-through" basis in accordance with the Income Tax Act and one multiple voting share purchase [...]
KWG Resources Inc. is pleased to announce a proposed non-brokered private placement of up to 280,000 flow-through units at a price of $1.5001 per Flow-Through Unit for aggregate gross proceeds of up to $420,028 . Each Flow-Through Unit is comprised of one multiple voting share of the Company issued on a "flow-through" basis in accordance with the Income Tax Act and one multiple voting share purchase warrant , with each [...]
KWG Resources Inc. announces that due to circumstances created by the COVID-19 pandemic, the Ontario Securities Commission and other members of the Canadian Securities Administrators granted "Issuers" in the Canadian securities industry up to an additional 45 days, to complete statutory filings . The Company intends to make the filings for the quarter ended June 30, 2020 before the Extension expiry date of October 13 [...]
KWG Resources Inc. announces that due to circumstances created by the COVID-19 pandemic, the Ontario Securities Commission and other members of the Canadian Securities Administrators granted "Issuers" in the Canadian securities industry up to an additional 45 days, to complete statutory filings . The Company intends to make the filings for the quarter ended June 30, 2020 after August 29, 2020 but before the Extension [...]
KWG Resources Inc. announces that, further to its news release dated May 28, 2020, the Company is expecting to file its interim financial statements and management discussion and analysis for the period ended March 31, 2020 by the extension date of July 14, 2020 pursuant to Ontario Instrument 51-502 - Temporary Exemption from Certain Corporate Finance Requirements and continues to work diligently to prepare and file the [...]
KWG Resources Inc. announces that, further to its news release dated April 28, 2020, the Company is expecting to file its audited financial statements and management discussion and analysis for the year ended December 31, 2019 by the extension date of June 13, 2020 pursuant to Ontario Instrument 51-502 - Temporary Exemption from Certain Corporate Finance Requirements and continues to work diligently with its auditors to [...]
KWG Resources Inc. announces that due to circumstances created by the COVID-19 pandemic, the Ontario Securities Commission and other members of the Canadian Securities Administrators granted "Issuers" in the Canadian securities industry up to an additional 45 days, to complete year-end statutory filings . The Company does not believe that it will be able to file its December 31, 2019 audited annual financial statements by [...]
The holder of a Convertible Debentures issued by KWG Resources Inc. for proceeds of $500,000 has agreed to extend its maturity until March 26, 2021. As consideration for the extension, KWG will distribute ferrochrome delivery warrants to the debenture holder and amend the redemption amount due and bearing interest as of December 19, 2019 to $525,000. For each $35.00 principal amount of Convertible Debentures, the [...]
Debentureholders Agree to Extend Due Date KWG Resources Inc. is pleased to announce that debenture-holders holding a requisite majority of Convertible Debentures issued by the Company with a maturity date of December 15, 2019 have agreed to extend until March 31, 2021 the time within which KWG may exercise the right to satisfy the Convertible Debentures by converting them into treasury units of the Company. Pursuant to [...]
KWG Resources Inc. has agreed to extend to December 2nd, 2019 the time within which the holder of its $500,000 convertible debenture may elect to exercise its conversion option. Within that time all or part of the sum secured by the debenture is convertible at the option of the holder into units with a deemed value of $21 per unit . Each Unit is comprised of four KWG.A multiple voting shares and four multiple voting share [...]
Toronto, Ontario-- - KWG Resources Inc. is pleased to announce closing on August 26, 2019 of the final tranche of its private placement of convertible debentures. This tranche was comprised of an aggregate of $395,450 of debentures, bringing the total principal amount of debentures issued under the various tranches of the Private Placement to $3,775,405.83. The debentures are convertible, at the option of KWG at any time [...]
