KWG Resources Inc.: Canada Chrome Corp. Seeks Leave to Challenge Order Permitting AGO to Intervene in Cliffs' Appeal of Minin...
14 5월 2014 - 10:35PM
Marketwired
KWG Resources Inc.: Canada Chrome Corporation Seeks Leave to
Challenge Order Permitting AGO to Intervene in Cliffs' Appeal of
Mining Commissioner Decision
TORONTO, ONTARIO--(Marketwired - May 14, 2014) - Counsel for KWG
Resources Inc. (TSX-VENTURE:KWG) ("KWG") subsidiary Canada Chrome
Corporation ("CCC") has served notice that it will make a motion to
the Court of Appeal for an order granting leave to appeal the order
of the Honourable Justice Lederer of the Ontario Divisional Court
dated April 28, 2014.
About KWG: KWG has a 30% interest in the Big Daddy
chromite deposit and the right to earn 80% of the Black Horse
chromite where resources are being defined. KWG has also acquired
interests in provisional patents including a method for the direct
reduction of chromite to metalized iron and chrome using natural
gas. KWG also owns 100% of Canada Chrome Corporation which has
staked claims and conducted a $15 million surveying and soil
testing program for the engineering and construction of a railroad
to the Ring of Fire from Exton, Ontario.
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.
Cautionary Note Regarding Forward-Looking Statements:
This Press Release contains forward-looking statements that
involve risks and uncertainties, which may cause actual results to
differ materially from the statements made. When used in this
document, the words "may", "would", "could", "will", "intend",
"plan", "anticipate", "believe", "estimate", "expect" and similar
expressions are intended to identify forward-looking statements.
Such statements reflect our current views with respect to future
events and are subject to such risks and uncertainties. Many
factors could cause our actual results to differ materially from
the statements made, including those factors discussed in filings
made by us with the Canadian securities regulatory authorities.
Should one or more of these risks and uncertainties, such actual
results of current exploration programs, the general risks
associated with the mining industry, the price of gold and other
metals, currency and interest rate fluctuations, increased
competition and general economic and market factors, occur or
should assumptions underlying the forward looking statements prove
incorrect, actual results may vary materially from those described
herein as intended, planned, anticipated, or expected. We do not
intend and do not assume any obligation to update these
forward-looking statements, except as required by law. Shareholders
are cautioned not to put undue reliance on such forward-looking
statements.
Shares issued and outstanding: 777,512,273
KWG Resources Inc.Bruce HodgmanVice-President416-642-3575
Ext103info@kwgresources.com
(TSXV:KWG)
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