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KWG Resources Inc. (KWG)
As of October 9th, 2010
Filing Date
Transaction Date
Insider Name
Ownership Type
Securities
Nature of transaction
# or value acquired or disposed of
Unit Price
Oct 09/10
Oct 07/10
Harrington, Michael s
Direct Ownership
Common Shares
10 - Disposition in the public market
-45,000
$0.099 USD
Oct 09/10
Oct 05/10
Harrington, Michael s
Direct Ownership
Common Shares
10 - Disposition in the public market
-40,000
$0.099 USD
Sep 27/10
Sep 23/10
Flett, Douglas Melville
Control or Direction
Common Shares
10 - Disposition in the public market
-44,000
$0.110
Sep 24/10
Sep 22/10
Harrington, Michael s
Direct Ownership
Common Shares
10 - Disposition in the public market
-60,000
$0.102 USD
Sep 17/10
Sep 17/10
Harrington, Michael s
Direct Ownership
Common Shares
10 - Disposition in the public market
-40,000
$0.107 USD
Sep 17/10
Sep 16/10
Harrington, Michael s
Direct Ownership
Common Shares
10 - Disposition in the public market
-45,000
$0.103 USD
Sep 13/10
Sep 13/10
Harrington, Michael s
Direct Ownership
Common Shares
10 - Disposition in the public market
-15,000
$0.107 USD
Sep 08/10
Sep 08/10
Harrington, Michael s
Direct Ownership
Common Shares
10 - Disposition in the public market
-15,000
$0.106 USD
Sep 02/10
Sep 02/10
Flett, Douglas Melville
Direct Ownership
Common Shares
10 - Disposition in the public market
-50,000
$0.115
Aug 31/10
Aug 31/10
Harrington, Michael s
Direct Ownership
Common Shares
10 - Disposition in the public market
-15,000
$0.103
It means that when you got money, you got the power........... to do what you want !!
MacDonald Mines Releases Final Assays From James Bay; Identifies Fourth Limb on Potential Matagami-Type VMS Camp
TORONTO, ONTARIO--(Marketwire - June 22, 2010) - MacDonald Mines Exploration (TSX VENTURE:BMK) ("MacDonald" or "the Company") announces the results from the spring 2010 drill program on its McNugget Property located in the Ring of Fire, James Bay Lowlands.
The 26 hole, 4,471 meter drill program consisted of a series of holes designed to test electromagnetic ("EM") anomalies on three fold limbs associated with sequences containing volcanogenic massive sulphide (VMS) mineralization of substance (as described by Hadyn R. Butler, P.Geo) and having characteristics similar to the Matagami or Noranda VMS camps in Quebec, where larger VMS deposits with satellite deposits along strike were found. This conclusion is also supported by C. Tucker Barrie PhD, P.Geo who, accompanied by the Company's Vice President of Exploration Quentin Yarie, P.Geo, has just completed a comprehensive on-site review of previous nickel and VMS drill core and exploration data. The historical production and resource from the Matagami Camp was 25 million tonnes grading 0.56% copper, 8.2% zinc and 20.91 g/t silver.
The Company is very encouraged by this large VMS system which is open in all directions and yields VMS mineralization over a potential cumulative strike length of approximately 20 kilometres. Upcoming drilling will focus on finding the best economic intersections along the VMS horizons. As noted in the Company's recent news releases, many other EM targets found during this winter/spring's revised data compilation will also be subject to follow-up prior to drill target selection.
Assay Highlights
Highlighted base metal results from this completed phase of drilling are summarized in tables at the end of this release with full assay results available at www.macdonaldmines.com. A summary of these highlighted drill holes are as follows and note that holes MN10-102 and MN10-104 contain copper, zinc and silver values within the same intersection.
Copper (Cu)
- Hole MN10-102 intersected 1.03% over 15 metres
- Hole MN10-111 intersected 1.04% over 5 metres
- Hole MN10-90 intersected 1.11% over 5 metres
Zinc (Zn)
- Hole MN10-104 intersected 3.3% over 9 metres
- Hole MN10-106 intersected 2.55% over 4 metres
- Hole MN10-110 intersected 2.82% over 5 metres
- Hole MN10-102 intersected 2.5% over 3 metres
- Hole MN10-104 intersected 2.00% Zn and 0.88% Cu over 6 metres
Silver (Ag)
- Hole MN10-87 intersected 13.32 g/t over 5.3 metres
- Hole MN10-94 intersected 16.57 g/t over 4 metres
- Hole MN10-102 intersected 11.67 g/t over 3 metres
- Hole MN10-104 intersected 11.97 g/t over 3 metres
Crone Geophysics Interprets Fourth VMS-Mineralized Limb
On-going data compilation has established that a fourth mineralized fold limb occurs on the McNugget Property striking southeast. During the spring work program, MacDonald surveyed previous drill holes on the fourth limb with the Crone Geophysics down hole pulse EM system. This technique proved invaluable at locating targets that were unexplained in previous exploration programs. This approach was used to locate borehole MN10-104.
MN06-18 and MN06-17 (drilled in 2006) were also geophysically probed. The interpretation of these data suggests a target with similar characteristics as those of MN10-104 – a conductive, steeply dipping sheet. Based on the borehole geophysics, a surface EM survey is being completed over the target (to be drilled during the next phase of exploration).
Quentin Yarie, P. Geo, Vice President of Exploration comments, "This target on the newly identified fourth mineralized fold limb was not previously seen by the earlier VTEM survey. The conductance is quite high and it appears to have some strike length with the top of it being rich in Zn, followed by Cu. We are in the process of mapping it, as we know the results from MN06-17 had significant Zn and silver (Ag) numbers".
MN06-18 intersected 6.99m of 0.59% Cu, 2.70% Zn, 17.59 g/t Ag including a 2.79m intersection of 5.21% Zn. Of particular interest in this hole is the build up to a late time, long wavelength off-hole anomaly representing a deeper conductor which has never been tested. This represents an exciting new target and preliminary modeling results indicate the potential here for a large, high conductance source. MN06-18 is located approximately 700m east of the "North Fold limb" noted in Macdonald's press release dated 5/31/2010.
Nickel Target Identified on MacDonald and Hawk Uranium Joint Venture Ground
MacDonald Mines has completed a surface Crone Geophysics Pulse EM survey over a highly prospective nickel (Ni) target in the vicinity of borehole MN06-39 (27m averaging 0.17% Ni including 1m intersections of > 0.5% Ni). Preliminary interpretation indicates a step response of a conductive body trending approximately East-West with a strike length of over 300m which is currently being modeled. A second conductor may exist under one of the loop edges. The surface program is being widened with a different transmitter loop location to assist in the resolution of both conductors prior to drilling of this target in the summer of 2010.
Further assay results
Fire assays for gold (Au) content are pending on all holes drilled during the spring program.
On-site Quality Assurance/Quality Control Measures
All diamond drill (half core) samples were collected and sealed on site and shipped under chain of custody supervision to the ACTLABS sample preparation laboratory in Thunder Bay, Ontario. Analyses are performed by ACTLABS laboratories (ISO/IEC 17025 certified) either in Ancaster or Thunder Bay, Ontario. All core samples were selected by the MacDonald Mines qualified site geologist, and were cut in half on site by diamond saw. For security, the remaining half core was then resealed in the original core boxes. Individual half core samples were labelled, placed in plastic sample bags and sealed. Groups of samples were placed into sealed and durable rice bags then shipped out by air transport. Remaining coarse reject portions of all samples remain in storage at the ACTLABS preparation laboratory storage facility at Thunder Bay.
Independent Quality Assurance and Quality Control Protocol
A QA/QC program has been implemented to monitor all assays from the current drilling program. Samples are assembled as batches and are continuously shipped from the site for immediate testing. Included in each batch of samples are certified reference standards (every 20 samples) and blank samples comprised of sterile drill core placed in at random locations (every 20-30 samples).
Quentin Yarie, P.Geo, Vice President of Exploration is the qualified person for the technical data contained within this report.
The following table identifies the highlighted Copper (Cu) and Zinc (Zn) values for the drill holes completed to date.
Please note that 10,000 ppm (parts per million) equals 1%, or 1 ppm equals 1 g/t.
Highlighted Copper Results
Hole_ID
From
To
Interval
Cu_ppm
Zn_ppm
MN10-102
24.00
25.00
1.00
5420
40200
MN10-102
25.00
26.00
1.00
6610
26300
MN10-102
26.00
27.00
1.00
18800
9030
MN10-102
27.00
28.00
1.00
13500
333
MN10-102
28.00
29.00
1.00
5980
343
MN10-102
29.00
30.00
1.00
6740
417
MN10-102
30.00
31.00
1.00
13100
456
MN10-102
31.00
32.00
1.00
10500
360
MN10-102
32.00
33.00
1.00
13100
235
MN10-102
33.00
34.00
1.00
9470
205
MN10-102
34.00
35.00
1.00
13600
418
MN10-102
35.00
36.00
1.00
11800
282
MN10-102
36.00
37.00
1.00
12200
209
MN10-102
37.00
38.00
1.00
5820
164
MN10-102
38.00
39.00
1.00
8540
267
MN10-111
74.50
75.50
1.00
8760
60
MN10-111
76.50
77.50
1.00
18800
72
MN10-111
77.50
78.50
1.00
6890
68
MN10-111
80.50
81.50
1.00
12700
61
MN10-111
81.50
82.50
1.00
9280
115
MN10-111
82.50
83.50
1.00
14100
226
MN10-111
83.50
84.50
1.00
9400
302
MN10-111
84.50
85.50
1.00
6430
248
MN10-90
39.62
40.38
0.76
9990
304
MN10-90
40.38
41.38
1.00
11300
239
MN10-90
41.38
42.38
1.00
8000
361
MN10-90
42.38
43.38
1.00
14000
2540
MN10-90
43.38
44.38
1.00
15900
21200
MN10-90
44.38
45.38
1.00
6330
16800
MN10-92
9
10.5
1.50
7210
38
MN10-92
10.5
11.5
1.00
7920
35
MN10-92
11.5
12.5
1.00
17000
40
MN10-92
12.5
13.5
1.00
10800
30
MN10-92
25.37
26.35
0.98
5380
54
MN10-92
26.35
27.35
1.00
12200
106
MN10-92
27.35
28.35
1.00
9340
98
MN10-92
43.6
44.58
0.98
6620
81
MN10-91
16.76
17.76
1.00
7580
187
MN10-91
17.76
18.76
1.00
7150
577
MN10-91
18.76
19.76
1.00
17700
1330
MN10-91
19.76
20.89
1.13
11200
26200
MN10-94
37.23
38.23
1.00
8620
7270
MN10-94
38.23
39.23
1.00
15400
33900
MN10-94
39.23
40.2
0.97
6010
21600
MN10-94
40.2
41.2
1.00
5000
14700
MN10-94
41.2
42.2
1.00
7650
10900
MN10-104
176.00
177.00
1.00
5520
19100
MN10-104
177.00
178.00
1.00
10600
53100
MN10-104
178.00
179.00
1.00
5670
36300
MN10-104
179.00
180.00
1.00
9620
9940
MN10-104
189.00
190.00
1.00
5810
552
MN10-104
190.00
191.00
1.00
15500
736
MN10-87
12.19
13.2
1.01
15700
17800
MN10-87
14.7
15.7
1.00
6100
9000
MN10-87
15.7
16.7
1.00
6600
8690
MN10-87
16.7
17.52
0.82
5000
9290
MN10-89
50.88
51.95
1.07
7500
237
MN10-95
116.55
117.2
0.65
6090
342
MN10-95
118.8
119.8
1.00
5100
370
MN10-95
125.1
126.1
1.00
6960
15800
MN10-99
146.00
147.00
1.00
9950
4070
MN10-100
143.26
144.40
1.14
5380
12700
MN10-105
58.00
59.00
1.00
12400
5090
MN10-106
59.00
100.30
41.30
5980
43600
MN10-106
100.30
101.30
1.00
7650
22400
MN10-107
101.30
130.30
29.00
6780
43
Highlighted Zinc Results
Hole_ID
From
To
Interval
Zn_ppm
Cu_ppm
MN10-104
152.5
153.3
0.80
7090
58
MN10-104
171
172
1.00
44000
2700
MN10-104
172
173
1.00
51700
1220
MN10-104
173
174
1.00
26100
365
MN10-104
174
175
1.00
33000
971
MN10-104
175
176
1.00
22500
862
MN10-104
176
177
1.00
19100
5520
MN10-104
177
178
1.00
53100
10600
MN10-104
178
179
1.00
36300
5670
MN10-104
179
180
1.00
9940
9600
MN10-106
94.34
95.3
0.96
18800
3470
MN10-106
98.3
99.3
1.00
7720
2880
MN10-106
99.3
100.3
1.00
43600
4300
MN10-106
100.3
101.3
1.00
22400
5980
MN10-106
101.3
102.4
1.10
28300
7650
MN10-110
71.5
72.5
1.00
16000
493
MN10-110
72.5
73.5
1.00
9600
412
MN10-110
77
78
1.00
8260
271
MN10-110
87
88
1.00
6610
515
MN10-110
94.3
94.8
0.50
100600
722
MN10-94
37.23
38.23
1.00
7270
8620
MN10-94
38.23
39.23
1.00
33900
15400
MN10-94
39.23
40.2
0.97
21600
6010
MN10-94
40.2
41.2
1.00
14700
5000
MN10-94
41.2
42.2
1.00
10900
7650
MN10-95
33.68
34.68
1.00
8110
42
MN10-95
41.2
42.2
1.00
6670
29
MN10-95
42.2
43.2
1.00
7610
76
MN10-95
43.2
44.2
1.00
8810
37
MN10-95
107.52
108.52
1.00
12900
687
MN10-95
108.52
109.5
0.98
12900
589
MN10-95
110.5
111.5
1.00
17800
1630
MN10-95
124.45
125.1
0.65
6730
3000
MN10-95
125.1
126.1
1.00
15800
6960
MN10-102
24
25
1.00
40200
5420
MN10-102
25
26
1.00
26300
6610
MN10-102
26
27
1.00
9030
18800
MN10-87
12.19
13.2
1.01
17800
15700
MN10-87
13.2
14.2
1.00
12400
4500
MN10-87
14.7
15.7
1.00
9000
6100
MN10-87
15.7
16.7
1.00
8690
6600
MN10-87
16.7
17.52
0.82
9290
5000
MN10-88
84.92
86
1.08
47800
960
MN10-88
86
86.91
0.91
48700
1980
MN10-89
153.13
154.25
1.12
31200
3010
MN10-90
43.38
44.38
1.00
21200
15900
MN10-90
44.38
45.38
1.00
16800
6330
MN10-90
47.47
48.47
1.00
16400
235
MN10-91
19.76
20.89
1.13
26200
11200
MN10-91
20.89
21.89
1.00
8850
521
MN10-99
143.6
144
0.40
7720
3410
MN10-99
144
145
1.00
12200
3470
MN10-100
143.26
144.4
1.14
12700
5380
MN10-105
47
48
1.00
11700
39
MN10-105
52
53
1.00
7440
4320
MN10-105
53
54
1.00
17200
2430
MN10-112
93.15
94.15
1.00
8180
322
MN10-112
152.89
153.89
1.00
9470
1870
MN10-112
156.89
157.89
1.00
13900
4720
Highlighted Silver Results
Hole_ID
From
To
Interval
Ag_ppm
MN10-87
12.19
13.2
1.01
23.6
MN10-87
13.2
14.2
1
12.6
MN10-87
14.2
14.7
0.5
3.6
MN10-87
14.7
15.7
1
12.5
MN10-87
15.7
16.7
1
12.4
MN10-87
16.7
17.52
0.82
9.6
MN10-94
38.23
39.23
1
26.7
MN10-94
39.23
40.2
0.97
18.3
MN10-94
40.2
41.2
1
10.9
MN10-94
41.2
42.2
1
10.4
MN10-102
24.00
25.00
1
9.4
MN10-102
25.00
26.00
1
11.3
MN10-102
26.00
27.00
1
14.3
MN10-104
177.00
178.00
1
10.8
MN10-104
178.00
179.00
1
15.8
MN10-104
179.00
180.00
1
9.3
MN10-106
94.34
95.30
0.96
10.9
MN10-106
99.30
100.30
1
22.5
MN10-106
100.30
101.30
1
16.2
MN10-106
101.30
102.40
1.1
17.5
MN10-90
42.38
43.38
1
9.1
MN10-90
43.38
44.38
1
11.6
MN10-90
44.38
45.38
1
6.3
About MacDonald Mines Exploration Inc.
MacDonald Mines is a mineral exploration company with an established history in the exploration of gold and base metals. MacDonald has set upon a strategic direction of exploration in the Canadian Northlands, with particular focus on the "Ring of Fire" in James Bay, Ontario. More detailed information is available on the website at www.macdonaldmines.com.
Cautionary Statement:
The foregoing information may contain forward-looking statements relating to the future performance of MacDonald Mines Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from MacDonald Mines plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by MacDonald Mines with the TSX Venture Exchange and securities regulators. MacDonald Mines does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Blue Note Announces Brokered Private Placement of up to $2 Million Proceeds to be Used for Gold Exploration in Quebec and New Brunswick
Shares Outstanding: 104.8 Million
Symbol & Exchange: BNT.V
MONTREAL, April 16 /CNW Telbec/ - Blue Note Mining Inc. (TSXV: BNT) announces today that it has entered into a brokered private placement agreement with Jones, Gable & Company Limited ("Jones Gable") whereby Jones Gable will act as lead underwriter in a private placement of up to a maximum of $1,995,500 in Flow-Through Units.
Each Flow-Through Unit, priced at $0.13 per Flow-Through Unit, will consist of one common share and one common share purchase warrant. Each such whole warrant will be exercisable into one common share for a period of two years from closing at an exercise price of $0.25 per share.
The Flow-Through Units will be issued pursuant to applicable prospectus and registration exemptions and will be subject to a statutory hold period of four months and one day from closing.
The company will pay Jones Gable 10% of the aggregate gross proceeds of the offering, payable at closing. In addition, the company will issue Jones Gable options to purchase that number of Units from the treasury of the company that is equal to 10% of the number of Units subscribed for under the offering. Each broker warrant will be exercisable into one Unit at the issue price at any time prior to the date that is 24 months from closing.
It is anticipated that the financing will be completed on or before the close of business on May 21, 2010. Closing of the offering is subject to the usual regulatory approvals.
The company intends to utilize the proceeds from the sale of the Flow-Through common shares for exploration work on Blue Note's gold properties which are located in northern New Brunswick and Val-d'Or, Québec.
As recently announced, Blue Note is currently preparing a drill program to test previously identified zones of gold mineralization that were drilled but never followed up on at its 100 percent-owned Chimo gold property located near Val-d'Or, Quebec (see news release dated April 12, 2010).
Four distinct zones of gold mineralization were identified by the previous owner; Cambior Inc. Cambior ceased mining operations there in 1996. The Chimo gold mine operated on three separate extended occasions between 1966 and 1996.
These four mineralized gold zones that warrant follow up drilling are located in close proximity to the Chimo mine shaft.
Blue Note's 100 per cent-owned Chimo gold property is located 25 kilometers from the Croinor gold project of which Blue Note is operator and 50 percent interest holder.
Blue Note confirms that such drill program slated for its Chimo gold property and the previously announced drill work program for the Croinor gold project (see news release dated April 8, 2010) are both already fully funded.
In related news, Blue Note announces that it has engaged UK-based Wimmer Financial to focus on capital fundraising with regards to Blue Note's joint venture with First Gold Exploration Inc. to put the Croinor gold property into production.
John Martin, P. Eng., Chief Operating Officer, Blue Note Mining Inc., is a Qualified Person and has reviewed the technical information contained in this press release.
About Blue Note Mining
Blue Note Mining is a mineral exploration and mining company headquartered in Montreal with properties located in known gold regions in Canada, including the prolific Val-d'Or region of Quebec and northern New Brunswick. The company's shares trade on the TSX Venture Exchange under the symbol BNT.
Forward-Looking Statements
This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in Company filings with Canadian securities regulatory authorities.
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
For further information: Glenn Massad, Vice President, Investor Relations, Blue Note Mining, (800) 937-3095 x230, gmassad@bluenotemining.ca; www.bluenotemining.ca
Blue Note to Drill Unexploited Gold Zones at Chimo
Targeting gold zones that were never fully tested
Shares Outstanding: 104.8 Million
Symbol & Exchange: BNT.V
MONTREAL, April 12 /CNW Telbec/ - Blue Note Mining Inc. (TSXV: BNT) is currently preparing a drill program to test previously identified zones of gold mineralization that were drilled but never followed up on at its 100 percent-owned Chimo gold property located near Val-d'Or, Quebec.
Four distinct zones of gold mineralization were identified by the previous owner; Cambior Inc. Cambior ceased mining operations there in 1996. The Chimo gold mine operated on three separate extended occasions between 1966 and 1996.
These four mineralized gold zones that warrant follow up drilling are located in close proximity to the Chimo mine shaft.
Drilling on Zone 6P which is located close to the Chimo mine workings reported some of the highest gold values. Drill hole 497-86-08 assayed 57.73 grams of gold over 1.54 meters. Drill hole 120-760 assayed 22.73 grams over 3.34 meters and drill hole 497-86-09 returned 16 grams of gold over 3 meters. These holes line up on a near vertical axis.
A planned two-hole exploration program will test the continuity of Zone 6P near surface and at depth.
Zone 2 West is also close to the Chimo mine workings and is in the sector of the original discovery of the mine. A 160 meter hole, drilled prior to closure of the mine, intersected mineralization 10 meters beneath the Chimo mine workings. This drill hole, 497-80-35 assayed 29.1 grams per tonne of gold over 3 meters. Blue Note is planning an exploration hole to test continuity of this mineralization at depth.
At the Nova dyke zone four holes were drilled into the dyke formation over a horizontal distance of 350 meters and at depths ranging from 70 to 230 meters vertical. Assays ranged from 6.1 grams gold over 0.6 meters to 6.8 grams gold over 1.55 meters. This formation is also open at depth and to the west. Blue Note will test its continuity at depth with its current program.
In the zone in which drill hole CH-95-05 is located, three drill holes aligned near vertically were reported to return interesting gold assays. This zone has a short horizontal extension but is continuous over 100 meters vertically and has interesting thickness. A hole is planned to intersect the zone 200 meters below the deepest intersection.
Chimo Gold Mines Inc. extracted 140,000 tonnes at 14.8 grams of gold per tonne from 1966 to 1984. Louvem Mines Inc. exploited the Chimo mine between 1984 and 1988 extracting a total of 493,000 tonnes at an average grade of 5.69 grams gold per tonne. The mine was operated by Cambior Inc. from 1989 to 1996. Following infrastructure rehabilitation and the sinking of a shaft to 930 meters, Cambior mined 1,692,000 tonnes at a grade of 3.83 grams of gold per tonne.
A complete review of this and other data has unveiled a series of prospective targets. A database containing 2,322 surface and underground drill holes was imported into Gemcom software to create a three dimensional model. Blue Note is planning a 3000-meter drill program to explore some of these targets.
"The information that we are seeing from previous drilling carried out at Chimo looks very interesting" said John Martin, Blue Note's Chief Operating Officer. "We are optimistic that there is a mineable resource remaining at that site."
Blue Note's 100 per cent-owned Chimo gold property is located 25 kilometers from the Croinor gold project of which Blue Note is operator and 50 percent interest holder.
John Martin, P. Eng., Chief Operating Officer, Blue Note Mining Inc., is a Qualified Person and has reviewed the technical information contained in this press release.
About Blue Note Mining
Blue Note Mining is a mineral exploration and mining company headquartered in Montreal with properties located in known gold regions in Canada, including the prolific Val-d'Or region of Quebec and northern New Brunswick. The company's shares trade on the TSX Venture Exchange under the symbol BNT.
Forward-Looking Statements
This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in Company filings with Canadian securities regulatory authorities.
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
For further information: Glenn Massad, Vice President, Investor Relations, Blue Note Mining, (800) 937-3095 x 230, gmassad@bluenotemining.ca; www.bluenotemining.ca
There it is the paste, i don't know if it is a good sign, but i know that KWG have a bright futture !!
KWG Resources Inc. (KWG)
As of April 9th, 2010
Filing Date
Transaction Date
Insider Name
Ownership Type
Securities
Nature of transaction
# or value acquired or disposed of
Unit Price
Apr 09/10
Apr 06/10
Smeenk, Frank Cornelius
Direct Ownership
Common Shares
10 - Disposition in the public market
-279,000
$0.130
Apr 09/10
Apr 05/10
Smeenk, Frank Cornelius
Direct Ownership
Common Shares
10 - Disposition in the public market
-71,500
$0.130
Apr 09/10
Mar 31/10
Smeenk, Frank Cornelius
Direct Ownership
Common Shares
10 - Disposition in the public market
-59,000
$0.130
Apr 09/10
Mar 30/10
Smeenk, Frank Cornelius
Direct Ownership
Common Shares
10 - Disposition in the public market
-1,500,000
$0.130
Mar 23/10
Mar 22/10
Harrington, Michael s
Direct Ownership
Common Shares
10 - Disposition in the public market
-10,000
$0.109 USD
Mar 18/10
Mar 10/10
Harrington, Michael s
Direct Ownership
Warrants
16 - Acquisition under a prospectus exemption
250,000
$0.100
Mar 18/10
Mar 18/10
Harrington, Michael s
Direct Ownership
Warrants
11 - Acquisition carried out privately
1,200,000
$0.100
Mar 18/10
Sep 11/03
Harrington, Michael s
Direct Ownership
Warrants
00 - Opening Balance-Initial SEDI Report
Mar 18/10
Mar 18/10
Smeenk, Frank Cornelius
Direct Ownership
Warrants
11 - Disposition carried out privately
-1,200,000
Mar 18/10
Mar 08/10
Smeenk, Frank Cornelius
Direct Ownership
Common Shares
47 - Disposition by gift
-350,000
$0.060
- Amended Filing