KWG RESOURCES INC ORD - KWGBF STOCK NEWS

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KWG Resources Inc. (KWGBF): KWG Resources Inc. operates as The Canadian Chrome Company, a key player in the mining industry. The company recently announced the acquisition of special shares of The Magpie Mines Inc., focusing on the development of mineral deposits in Quebec. KWG also holds interests in various projects, including the Black Horse chromite project, Hornby claims, McFaulds copper/zinc project, and Big Daddy chromite project. Additionally, KWG is engaged in developing transportation links for access to remote mineral-rich areas.

With a focus on innovation and strategic partnerships, KWG is dedicated to exploring and developing large-scale mineral deposits, especially chromite, base metals, and strategic minerals. The company is committed to sustainable growth and driving advancements in the mining sector.

09/04/2024 02:27 PM

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KWG Publishes Ring of Fire Infrastructure Corridor Compilation Map

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KWG Resources Inc. (CSE: CACR), operating as The Canadian Chrome Company, has released its Ring of Fire Infrastructure Compilation Map. This map outlines a proposed 330-kilometer 'Utility Corridor' from Nakina, Ontario to the company's Black Horse chromite discovery in the James Bay Lowlands. The plan includes:

1. Transportation and electrification systems
2. 1,685 claims staked by subsidiary Canada Chrome in 2009-2010
3. 32 aggregate extraction permit applications
4. Engagement with Cormorant Utilities and Rail-Veyor Technologies for engineering proposals

The project aims to connect the Ring of Fire area to the trans-Canada transportation system and Ontario power grid, with plans to extend electrification to nearby First Nations communities.

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01/19/2024 08:58 PM

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KWG Amends Option for Equity Conversion by CCC

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KWG Resources Inc. reports an amendment to its agreement with Tony Marquis regarding the potential conversion of Canada Chrome Corporation's equity into multiple voting shares of KWG. The agreement extends Tony's right to tender unpaid compensation to CCC in exchange for CCC shares and outlines the terms for acquiring multiple voting shares. CEO Frank Smeenk expresses satisfaction with Tony's continued advisory role for KWG's development alternatives for the Ring of Fire.

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11/29/2023 12:58 PM

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KWG Extends the Expiry Dates of Outstanding Warrants

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KWG Resources Inc. (CSE: CACR) (CSE: CACR.A) extends the time to exercise warrants to purchase multiple voting shares. The Warrants were first issued upon conversion of various debentures as part of a convertible debenture private placement. Each Warrant now entitles the holder to purchase three CACR.A multiple voting shares for $3.20 per share at any time on or before September 29, 2026 or a Change of Control Event.

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09/22/2023 09:32 AM

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KWG Resources Inc.: Exploration Permit Issued for More Drilling at Black Horse Project

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KWG Resources Inc. receives exploration permit for Black Horse Project

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08/16/2023 10:00 AM

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Jeffrey Steiner to Succeed Fiona Blondin as KWG Director

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KWG Resources Inc. announces the resignation of Fiona Blondin from the Board of Directors due to other responsibilities. Jeffrey Steiner has been nominated for appointment to the Board of Directors. He is an Ontario lawyer and businessman with experience in technology, film & television, and the mining sector.

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08/14/2023 09:33 AM

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Canadian Chrome Company Amends Its Agreement to Acquire Board Control of Magpie Mines Which Holds Large Vanadium and Titanium Deposits in Quebec

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07/28/2023 11:56 AM

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Canadian Chrome Company to Acquire Board Control of Magpie Mines Which Holds Large Vanadium and Titanium Deposits in Quebec

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KWG Resources Inc. has agreed to acquire all of the issued and outstanding special shares of The Magpie Mines Inc. The acquisition will be supervised by Fouad Kamaleddine and Peter H. Smith. The four deposits located in Quebec will be developed for recovering strategically critical minerals. The vendors have agreed to exchange their special shares for consideration payable in convertible debentures, units, or series A special shares.

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07/12/2023 01:52 PM

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Shares of KWG Resources Inc. (Carrying on Business as The Canadian Chrome Company) to Commence Trading on CSE as CACR and CACR.A on July 14, 2023

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06/26/2023 01:09 PM

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KWG Resources Inc to Do Business as The Canadian Chrome Company

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06/21/2023 04:44 PM

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KWG Announces Release from Escrow and Closing of the Final Tranche of its Convertible Debenture Private Placement

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FAQ

What is the current stock price of KWG RESOURCES ORD (KWGBF)?

The current stock price of KWG RESOURCES ORD (KWGBF) is $0.0104 as of October 11, 2024.

What is the market cap of KWG RESOURCES ORD (KWGBF)?

The market cap of KWG RESOURCES ORD (KWGBF) is approximately 30.6M.

What is KWG Resources Inc.?

KWG Resources Inc. is a mining company known as The Canadian Chrome Company, specializing in the identification, acquisition, and development of large-scale mineral deposits.

What recent acquisition did KWG announce?

KWG announced the acquisition of special shares of The Magpie Mines Inc., focusing on developing mineral deposits in Quebec.

What projects is KWG involved in?

KWG is engaged in various projects including the Black Horse chromite project, Hornby claims, McFaulds copper/zinc project, and Big Daddy chromite project.

What is the focus of KWG's operations?

KWG focuses on exploring and developing large-scale mineral deposits, particularly chromite, base metals, and strategic minerals. The company also aims to develop transportation links for accessing remote mineral-rich areas.

How does KWG drive innovation?

KWG is committed to driving innovation through strategic partnerships and sustainable growth initiatives in the mining sector.

What is The Canadian Chrome Company's business style?

The Canadian Chrome Company is a registered business style of KWG Resources Inc., emphasizing the company's focus on chrome-related projects and mining operations.

Where are the mineral deposits located for KWG's projects?

KWG's projects are focused in Quebec, particularly in the North Shore area of the St. Lawrence River. The company is also exploring transportation routes to access mineral-rich regions.

What intellectual property interests does KWG hold?

KWG has acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. The company's subsidiary, Muketi Metallurgical LP, holds chromite-refining patents across different countries.

Who are the key figures involved in KWG's recent acquisitions?

Metallurgical researcher and advisor Fouad Kamaleddine, Ph.D., and exploration pioneer Peter H. Smith, Ph.D., are key figures involved in KWG's recent acquisitions, overseeing the development of mineral deposits in Quebec.

What is the strategic vision of KWG for its transportation projects?

KWG aims to assess prospects for engineering and construction of transportation links, particularly railroads, to facilitate the movement of bulk commodities from Canada's north to distant markets. The company is exploring the long-term economic feasibility of transportation projects for mineral extraction.