Kwg Resources Inc (KWGBF) 0.0145 $KWGBF
KWG Resources Inc. Announces Acquisition of Additional Debut Securities
Marketwired - Tue Jan 27, 3:40PM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6) ("KWG"
announces that it has acquired today an additional 144,464,000 common shares in the capital of Debut Diamonds Inc. ("Debut" at a price of $0.01 per share through a private placement from treasury in settlement of all of the debt owed by Debut to KWG.
KWG.VN: 0.020 (-0.005)
Debut Diamonds Inc. Completes Private Placement
Marketwired - Tue Jan 27, 3:21PM CST
Debut Diamonds Inc. (CSE: DDI) ("Debut" is pleased to announce that it successfully completed its previously announced (see news release dated December 22, 2014) private placement (the "Private Placement" of an aggregate of 144,464,000 common shares ("Shares" in settlement of $1,444,640 of debt at $0.01 per share. All shares were issued to KWG Resources Inc. ("KWG" in settlement of all outstanding indebtedness and accrued interest owed to KWG and discharge of the security previously issued to KWG. The Shares issued pursuant to the Private placement are subject to a four (4) month hold period expiring May 28, 2015.
KWG Subsidiary Canada Chrome Corporation Wins Leave to Appeal Decision That Consent Not Required for Use of the Claims Accessing Its Ring of Fire Deposits
Marketwired - Tue Jan 27, 3:13PM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6) subsidiary Canada Chrome Corporation has received an Order of the Court of Appeal of Ontario granting leave to appeal the decision of the Divisional Court of the Ontario Superior Court of Justice released July 30, 2014. As reported on August 1, 2014, the Divisional Court decision ruled that CCC's consent should be waived in an application for an easement to build a road over its mining claims.
KWG.VN: 0.020 (-0.005)
KWG Resources Inc.: Short Form Prospectus Withdrawn
Marketwired - Wed Jan 21, 4:24PM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6) ("KWG" announces that it has withdrawn its amended and restated preliminary short form prospectus dated November 13, 2014 due to market conditions. KWG will consider other financing alternatives as needed.
KWG.VN: 0.020 (-0.005)
KWG Resources Retains RBL Communications Inc. to Commence an Online Marketing Program
Marketwired - Wed Jan 21, 2:50PM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6) ("KWG" is pleased to announce that it has retained the services of RBL Communications Inc. ("RBL" to implement and manage a complete online awareness and marketing program (the "Program" .
KWG.VN: 0.020 (-0.005)
KWG Shareholder Loeb Capital Liquidating Holdings
Marketwired - Fri Jan 16, 10:54AM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6), reports that Loeb King Capital Management advised its clients in a letter dated January 13, 2015 that "the funds will begin an orderly liquidation". According to a Bloomberg News report issued yesterday Loeb King Capital Management, an investment firm with about $1 billion, is closing after principal Gideon King decided to manage his own money. Loeb Capital Management LLP previously advised KWG management that it held approximately 49 million of KWG's issued and outstanding shares and yesterday advised that 8 million of those had been sold on the TSX Venture market this week.
KWG.VN: 0.020 (-0.005)
KWG Receives Promising Search Report From Patent Authority, Negotiating Black Horse Terms
Marketwired - Tue Jan 06, 2:10PM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6) announces that it has received from the US Patent Office's International Searching Authority the International Search Report in response to its application to patent a new process for the direct reduction of chromite utilizing natural gas, a carbon reductant, and a catalyst formulation. The Search Report indicates that the Searcher found the applicant's claims are novel and that prior art does not teach or fairly suggest anything similar. The Report also indicates that the claims have industrial applicability as defined by PCT Article 33(4) because the subject matter can be made or used in industry.
KWG.VN: 0.020 (-0.005)
Debut Diamonds to Convert Debt
Marketwired - Mon Dec 22, 12:21PM CST
Debut Diamonds Inc. (CNSX: DDI) ("Debut" has agreed to convert its outstanding indebtedness to KWG Resources Inc. (TSX VENTURE: KWG) (FRANKFURT: KW6) ("KWG" into new treasury shares of Debut to discharge a fixed and floating charge to KWG securing $1.44 million of advances. Debut was granted an exemption to the minimum listing price policy of the Canadian Securities Exchange to convert the loan balances into treasury shares of Debut at $0.01 each. Effective on January 1, 2015 Debut will issue 144,464,000 treasury shares to KWG Resources Inc. upon all outstanding indebtedness and accrued interest being discharged and subscribed to the capital of Debut.
KWG.VN: 0.020 (-0.005)
KWG Files Amended and Restated Preliminary Short Form Prospectus for Equity Offering
Marketwired - Fri Nov 14, 11:47AM CST
KWG Resources Inc. ("KWG" or the "Corporation" (TSX VENTURE: KWG)(FRANKFURT: KW6) is pleased to announce that it has filed an amended and restated preliminary short form prospectus (the "Amended Prospectus" , which amends the preliminary short form prospectus filed by the Corporation on August 15, 2014. The Corporation has obtained a receipt from the securities regulatory authorities in the provinces of British Columbia, Ontario and Quebec in connection with a marketed offering (the "Offering" of Units (as defined below) and Flow-Through Shares (as defined below) to be made in the provinces of British Columbia and Ontario. The Proposed Prospectus amends the proposed pricing of the Units, the proposed number of Units to be issued, the proposed pricing of the Flow-Through Shares and the number of Flow-Through Shares to be issued.
KWG.VN: 0.020 (-0.005)
KWG Extends Time to Commit to Further Blackhorse Program
Marketwired - Wed Nov 05, 12:44PM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6), announces that by mutual agreement of the parties, KWG and Bold Ventures Inc. ("Bold" have extended to December 30, 2014, the deadline by which KWG must provide that it intends to make the $700,000 option payment due February 7, 2015 under the KWG/Bold Option Agreement and expend an aggregate of $8,000,000 on the property by March 31, 2015. KWG has to date incurred $5.8 million of the $8.0 million required expenditure and is proceeding with a prospectus offering of securities to fund the additional work. If the notice is not delivered within the extended time, the Option will be terminated.
KWG.VN: 0.020 (-0.005)
KWG Resources Inc. Announces Acquisition of Additional Debut Securities
Marketwired - Tue Jan 27, 3:40PM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6) ("KWG"
announces that it has acquired today an additional 144,464,000 common shares in the capital of Debut Diamonds Inc. ("Debut" at a price of $0.01 per share through a private placement from treasury in settlement of all of the debt owed by Debut to KWG. KWG.VN: 0.020 (-0.005)
Debut Diamonds Inc. Completes Private Placement
Marketwired - Tue Jan 27, 3:21PM CST
Debut Diamonds Inc. (CSE: DDI) ("Debut"
is pleased to announce that it successfully completed its previously announced (see news release dated December 22, 2014) private placement (the "Private Placement" of an aggregate of 144,464,000 common shares ("Shares" in settlement of $1,444,640 of debt at $0.01 per share. All shares were issued to KWG Resources Inc. ("KWG" in settlement of all outstanding indebtedness and accrued interest owed to KWG and discharge of the security previously issued to KWG. The Shares issued pursuant to the Private placement are subject to a four (4) month hold period expiring May 28, 2015. KWG Subsidiary Canada Chrome Corporation Wins Leave to Appeal Decision That Consent Not Required for Use of the Claims Accessing Its Ring of Fire Deposits
Marketwired - Tue Jan 27, 3:13PM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6) subsidiary Canada Chrome Corporation has received an Order of the Court of Appeal of Ontario granting leave to appeal the decision of the Divisional Court of the Ontario Superior Court of Justice released July 30, 2014. As reported on August 1, 2014, the Divisional Court decision ruled that CCC's consent should be waived in an application for an easement to build a road over its mining claims.
KWG.VN: 0.020 (-0.005)
KWG Resources Inc.: Short Form Prospectus Withdrawn
Marketwired - Wed Jan 21, 4:24PM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6) ("KWG"
announces that it has withdrawn its amended and restated preliminary short form prospectus dated November 13, 2014 due to market conditions. KWG will consider other financing alternatives as needed. KWG.VN: 0.020 (-0.005)
KWG Resources Retains RBL Communications Inc. to Commence an Online Marketing Program
Marketwired - Wed Jan 21, 2:50PM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6) ("KWG"
is pleased to announce that it has retained the services of RBL Communications Inc. ("RBL" to implement and manage a complete online awareness and marketing program (the "Program" . KWG.VN: 0.020 (-0.005)
KWG Shareholder Loeb Capital Liquidating Holdings
Marketwired - Fri Jan 16, 10:54AM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6), reports that Loeb King Capital Management advised its clients in a letter dated January 13, 2015 that "the funds will begin an orderly liquidation". According to a Bloomberg News report issued yesterday Loeb King Capital Management, an investment firm with about $1 billion, is closing after principal Gideon King decided to manage his own money. Loeb Capital Management LLP previously advised KWG management that it held approximately 49 million of KWG's issued and outstanding shares and yesterday advised that 8 million of those had been sold on the TSX Venture market this week.
KWG.VN: 0.020 (-0.005)
KWG Receives Promising Search Report From Patent Authority, Negotiating Black Horse Terms
Marketwired - Tue Jan 06, 2:10PM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6) announces that it has received from the US Patent Office's International Searching Authority the International Search Report in response to its application to patent a new process for the direct reduction of chromite utilizing natural gas, a carbon reductant, and a catalyst formulation. The Search Report indicates that the Searcher found the applicant's claims are novel and that prior art does not teach or fairly suggest anything similar. The Report also indicates that the claims have industrial applicability as defined by PCT Article 33(4) because the subject matter can be made or used in industry.
KWG.VN: 0.020 (-0.005)
Debut Diamonds to Convert Debt
Marketwired - Mon Dec 22, 12:21PM CST
Debut Diamonds Inc. (CNSX: DDI) ("Debut"
has agreed to convert its outstanding indebtedness to KWG Resources Inc. (TSX VENTURE: KWG) (FRANKFURT: KW6) ("KWG" into new treasury shares of Debut to discharge a fixed and floating charge to KWG securing $1.44 million of advances. Debut was granted an exemption to the minimum listing price policy of the Canadian Securities Exchange to convert the loan balances into treasury shares of Debut at $0.01 each. Effective on January 1, 2015 Debut will issue 144,464,000 treasury shares to KWG Resources Inc. upon all outstanding indebtedness and accrued interest being discharged and subscribed to the capital of Debut. KWG.VN: 0.020 (-0.005)
KWG Files Amended and Restated Preliminary Short Form Prospectus for Equity Offering
Marketwired - Fri Nov 14, 11:47AM CST
KWG Resources Inc. ("KWG" or the "Corporation"
(TSX VENTURE: KWG)(FRANKFURT: KW6) is pleased to announce that it has filed an amended and restated preliminary short form prospectus (the "Amended Prospectus" , which amends the preliminary short form prospectus filed by the Corporation on August 15, 2014. The Corporation has obtained a receipt from the securities regulatory authorities in the provinces of British Columbia, Ontario and Quebec in connection with a marketed offering (the "Offering" of Units (as defined below) and Flow-Through Shares (as defined below) to be made in the provinces of British Columbia and Ontario. The Proposed Prospectus amends the proposed pricing of the Units, the proposed number of Units to be issued, the proposed pricing of the Flow-Through Shares and the number of Flow-Through Shares to be issued. KWG.VN: 0.020 (-0.005)
KWG Extends Time to Commit to Further Blackhorse Program
Marketwired - Wed Nov 05, 12:44PM CST
KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6), announces that by mutual agreement of the parties, KWG and Bold Ventures Inc. ("Bold"
have extended to December 30, 2014, the deadline by which KWG must provide that it intends to make the $700,000 option payment due February 7, 2015 under the KWG/Bold Option Agreement and expend an aggregate of $8,000,000 on the property by March 31, 2015. KWG has to date incurred $5.8 million of the $8.0 million required expenditure and is proceeding with a prospectus offering of securities to fund the additional work. If the notice is not delivered within the extended time, the Option will be terminated. KWG.VN: 0.020 (-0.005)
