News

 

KWG Announces A Private Placement

08 Jan 2010, Posted by Bruce Hodgeman in 2010, News

Montréal, Canada - KWG Resources Inc. (TSX-V: KWG) ("KWG" or the "Company") announces a private placement (the "Private Placement") of $35,000 of units of securities of the Company comprised of one common share and one-half common share purchase warrant at a price of $0.07 per...

Hole FW-09-36 encountered 86.2 metres of chromite mineralization between 9.8 metres to 96.0 metres downhole. The initial 11.2 metres of chromite mineralization averages 40.14% Cr2O3; the last 48.35 metres averages 41.35% Cr2O3. Hole 33, after passing through 11.0 metres that averages 40.29% Cr2O3, entered a narrow...

$1.2 Million Received From Warrant Exercise

04 Jan 2010, Posted by Bruce Hodgeman in 2010, News

Montreal, Canada, January 4th, 2010 - KWG Resources Inc (TSXV: KWG; CNSX: KWG) advises that prior to the close of 2009 a total of 24.7 million treasury shares were issued upon the exercise of outstanding warrants for proceeds of $1.2 million. The Company is also pleased...

Hole FW-09-29 encounters 75.2 metres of chromite mineralization averaging 43.41% Cr2O3, followed by 1.8 metres averaging 2.18 g/t PGE (Pt+Pd) Hole 29 cut a total of 108.5m of massive chromite in 4 separate intervals. Six of the seven holes reported herein encounter chromite mineralization in excess of...

KWG Placement Raises $3.1 Million

07 Dec 2009, Posted by Bruce Hodgeman in 2009, News

Montreal, Canada, December 7th, 2009 - KWG Resources Inc (TSXV: KWG) has completed the private placement of 47.5 million units for proceeds of $3.1 million. Each unit was comprised of one flow-through share and one-half common share purchase warrant. Each whole warrant may be exercised...

KWG Private Placement

24 Nov 2009, Posted by Bruce Hodgeman in 2009, News

Montreal, Canada, November 24th, 2009 - KWG Resources Inc (TSXV: KWG) advises that its previously announced flow-through private placement is expected to raise $3 million from the sale of 46.2 million units. Each unit will be comprised of one flow-through share and one-half common share...

Strike and Depth of Big Daddy Chromite Prospect expanding to northeast and beyond 250 metres depth Hole FWR-09-43 encounters 93 metres of chromite mineralization, including 76 metres of Massive Chromite TORONTO , ONTARIO - November 16, 2009 - Spider Resources Inc. (SPQ:TSX-V) ("Spider"), KWG Resources Inc. (KWG:TSX-V)...

KWG Flow-Through Placement Terms

11 Nov 2009, Posted by Bruce Hodgeman in 2009, News

Montreal, Canada, November 11, 2009 - KWG Resources Inc. (TSXV: KWG) has received conditional listing approval for its previously announced private placement of flow-through shares. The listing approval covers up to $3 million in units with each unit comprised of one flow-through share and one-half...

KWG To Place Flow-Through Shares

16 Oct 2009, Posted by Bruce Hodgeman in 2009, News

Montreal, Canada, October 16th, 2009 - KWG Resources Inc (TSXV: KWG) intends to accept subscriptions from accredited investors for a non-brokered private placement of flow-through shares. A price reservation has been filed and terms of the placement will be finalized next week. Finder's fees not...

KWG Board Awards Stock Options

15 Oct 2009, Posted by Bruce Hodgeman in 2009, News

Montreal, Canada, October 15th, 2009 - The Board of Directors of KWG Resources Inc (TSXV: KWG) has awarded 6,558,500 options to purchase treasury shares at $0.10 each, under the provisions of the Company's Incentive Stock Option Plan. Of the total awards 3,293,500 were allocated to...