KWG Resources Inc.

Exploration stage company that is participating in the discovery, delineation and development of chromite deposits in the James Bay Lowlands of Northern Ontario. These deposits are globally significant source of chromite which may be refined into ferrochrome, a principal ingredient in the manufacture of stainless steel.
#8
almost 11 years ago
1
in response to From_Sudbury's message

Your position is supported by the mining tribunal in MA 005-12-FINAL ORDER - 2274659 v CCC.pdf, page 38;

"The business relationship between Cliffs and KWG began to unravel in May, 2010, when Cliffs offered to buy out KWG and, after buying out its joint venture partner, Spider, placed KWG in a minority shareholder position with respect to control of the Big Daddy deposit.

Perhaps in the spring of 2010, but definitely by 2011, KWG learned that Cliffs was interested in building a private road over KWG’s mining claims so as to access the Black Thor deposit. Cliffs attempted to obtain consent to use the surface of the mining claims from KWG on a number of occasions in the fall of 2011. Cliffs finally gave up in October of that year. Cliffs had actually notified the MNR of its project on May 31, 2011 and made an application for an easement in December, 2011."

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Laura Brown
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President
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4445
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Date Joined
07/23/2009
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KWG Resources Inc.
Symbol
KWG
Exchange
CSE
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1,140,494,718 FD, Aug 20/16
Industry
Metals & Minerals
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