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Multiple insider buying at KWG Resources (C:KWG)

Updated Wednesday Nov 09, 2022 02:03 AM EDT

Frank Cornelius Smeenk, CEO and Director, acquired 356,944 Multiple Voting Shares on a direct ownership basis at a price of $2.500 through a prospectus or prospectus exempt offering on November 2nd, 2022. This represents a $1,085,397 investment into the company's shares and an account share holdings change of greater than 100%.

Bruce Ronald Hodgman, a Senior Officer, acquired 134,880 Multiple Voting Shares on a direct ownership basis at a price of $2.500 through a prospectus or prospectus exempt offering on November 2nd, 2022. This represents a $409,136 investment into the company's shares and an account share holdings change of greater than 100%.

Thomas Edward Masters, CFO, acquired 81,288 Multiple Voting Shares on an indirect ownership basis for registered holder Thomas E. Masters Professional Corporation at a price of $2.500 through a prospectus or prospectus exempt offering on November 2nd, 2022. This represents a $246,574 investment into the company's shares and an account share holdings change of greater than 100%.

Donald A. Sheldon, a Director, acquired 25,146 Multiple Voting Shares on a direct ownership basis at a price of $2.500 through a prospectus or prospectus exempt offering on November 2nd, 2022. The insider also acquired 35,832 Multiple Voting Shares on an indirect ownership basis for registered holder Sheldon Executive Services Inc. at a price of $2.500 through a prospectus or prospectus exempt offering on November 2nd, 2022. This represents a $184,967 investment into the company's shares and an account share holdings change of greater than 100%.

Douglas Melville Flett, a Director, acquired 34,620 Multiple Voting Shares on a direct ownership basis at a price of $2.500 through a prospectus or prospectus exempt offering on November 2nd, 2022. This represents a $105,014 investment into the company's shares and an account share holdings change of greater than 100%.

KWG Resources is in the Non-Gold Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

KWG Resources Inc. is a Canada-based exploration-stage company. The Company is engaged in the discovery, delineation and development of chromite deposits in the James Bay Lowlands of Northern Ontario. It is focused on two projects, which include Black Horse Project and Big Daddy Project. The Company's Black Horse Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Black Horse chromite deposit, including over 1,024 hectares covered by four unpatented mining claims. The Big Daddy Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Big Daddy chromite deposit, including over 1,241 hectares covered by seven unpatented mining claims. The Company holds interests in McFaulds copper/zinc project. It also holds interest in CCC, which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. The Company also has intellectual property interests.

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Go to KWG Resources Inc. (KWG)'s company page

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