Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: KWG announces migration to Tier 1

KWG announces migration to Tier 1

posted on May 26, 2009 04:39AM


KWG announces migration to Tier 1

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Symbol on TSX-Venture Exchange: KWG
Shares issued and outstanding: 359,718,877
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MONTREAL, May 26 /CNW/ - KWG Resources Inc. is pleased to announce that the Company has met the Exchange requirements for Tier 1 companies and that TSX Venture Exchange has approved its migration to Tier 1 effective today.



About KWG Resources Inc.


KWG Resources is a mineral exploration company with extensive claim holdings in the James Bay Lowlands of Northern Ontario, Canada, where important discoveries of nickel and chrome have been made recently in the so-called Ring of Fire. KWG has an equal joint venture interest in a large claim block in the central part of the discovery area, with Spider Resources Inc. (TSXV: SPQ). The joint venture is developing the Big Daddy chromite deposit adjacent to the Black Thor and Black Label chromite discoveries of Freewest Resources Canada Inc. (TSXV: FWR).

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