Massive Black Horse Chromite Discovery

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

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Message: Re: KWG announces migration to Tier 1

Hi ReadyZed;

Hoov posted this on the Freewest site which also explains Tier 1

Re: Tier 1 vs Tier 2

in response to Tier 1 vs Tier 2 by karchdog1310
posted on May 26, 09 07:03PM

In a nutshell, the difference is: "Tier 1 is the Exchange’s premier tier and is reserved for the Exchange’s most advanced Issuers with the most significant financial resources. Tier 1 Issuers benefit from decreased filing requirements and improved service standards. Tier 2 is the tier where the majority of the Exchange’s listed Issuers will trade."

For all the details, click here.

Lar

It sounds positive for KWG Resources, it puts them in a higher classification on the Exchange..........RL

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