News

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...

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...

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...

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)...

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...

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...

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...

Montreal, Canada, October 15th, 2009 - KWG Resources Inc (TSXV: KWG) has engaged Tydewell Consulting Inc of Vancouver and Ian Kilgour of Toronto to provide investor relations services at $5000 and $3000 monthly, respectively. The contracts are for six months expiring on April 15th, 2010. About...