KWG Re­sources ter­mi­nates Oct. 12 spe­cial meet­ing

Stockwatch Daily - - MINES & METALS - Mr. Bruce Hodg­man re­ports

KWG RE­SOURCES Inc. has ter­mi­nated the meet­ing of its share­hold­ers which had been ad jou r ne d to 11 a.m. on Fri­day, Oct. 12, 2018. The pur­pose of the ad­journ­ment was to so­licit votes in favour of a spe­cial res­o­lu­tion to amend the ar­ti­cles of in­cor­po­ra­tion of the com­pany to pro­vide its board of di­rec­tors with author­ity to is­sue spe­cial shares. While a large ma­jor­ity of the share­hold­ers vot­ing sup­ported the amend­ment, the so­lic­i­ta­tion failed to achieve the re­quired two-thirds ma­jor­ity needed to pass the spe­cial res­o­lu­tion, and the meet­ing has been ter­mi­nated.

About KWG Re­sources Inc.

KWG is the op­er­a­tor of the Black Horse joint ven­ture af­ter ac­quir­ing a vested 50-per-cent in­ter­est through Bold Ven­tures Inc. from Fan­camp Ex­plo­ration Ltd. KWG fi­nances all joint ven­ture ex­plo­ration ex­pen­di­tures and Bold is car­ried for a 20-per-cent in­ter­est in KWG’s in­ter­est.

KWG also owns 100 per cent of Canada Chrome Corp., which has staked claims and con­ducted a sur­vey­ing and soil test­ing pro­gram, orig­i­nally for the en­gi­neer­ing and con­struc­tion of a rail­way to the Ring of Fire from Aroland, Ont.

We seek Safe Har­bor.

Jen­nifer Lee Boyle, Dou­glas Melville Flett, Thomas John Plad­sen, Bruce Dou­glas Reid, Don­ald Alexan­der Richard Shel­don, Frank Cor­nelius Smeenk

(KWG) Shares: 50,000

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