Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: From KWG forum.......

http://agoracom.com/ir/KWG/forums/discussion/topics/651210-scary/messages/2043606#message

MD&A released on Sedar August 27th, 2015. Quarter ended June 30, 2015.

Under Outlook -

"For the Company to earn an interest in the Black Horse deposit under the option agreement with Bold Ventures Inc., further exploration expenditures of $2.2 Million must be completed by September 30, 2015. As no funds for that exploration expenditure are presently available, the company's interest in the option may need to be relinquished unless its terms can be amended beforehand."

June 30, 2015 Working Capital $282,759.00 down from $2,118,351.00 on December 31, 2014.

Operating expenses of approximately $2,270,000.00 required for 2015. Company trying to raise funds through equity financing or sale of Non-Core Assets through 2015 to cover costs.

We are obviously in a real financial pickle and , although I hate to cry wolf need a "white knight' in the worst possible way very, very soon, like before September 30th. We have spent many millions on the Black Horse deposit and lets hope it was not all in vain. rj

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Sep 17, 2015 05:56AM
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Sep 18, 2015 01:46PM
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