|By Marketwired .||
|July 10, 2014 04:36 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 07/10/14 -- KWG Resources Inc. (TSX VENTURE: KWG)(FRANKFURT: KW6) retracts from its press release issued this morning, the following advice: Well-known mining analyst Jay Turner recommends the shares of KWG as a speculative buy with a target price of $0.20.
The earlier release advised that Toronto stockbroker Pope & Company announced this morning that it has initiated research coverage on KWG. A Market Surveillance Officer of the Investment Industry Regulatory Organization of Canada ("IIROC") required that the noted recommendation contained in the initial report be retracted as this is considered not to be balanced disclosure on the part of the Company.
About KWG: KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG has also acquired interests in provisional patents including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a $15 million surveying and soil testing program for the engineering and construction of a railroad to the Ring of Fire from Exton, Ontario.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Shares issued and outstanding: 777,512,273
KWG Resources Inc.
May. 26, 2016 06:30 PM EDT Reads: 2,010
May. 26, 2016 06:30 PM EDT Reads: 2,491
May. 26, 2016 06:15 PM EDT Reads: 323
May. 26, 2016 06:15 PM EDT Reads: 2,313
May. 26, 2016 06:00 PM EDT Reads: 1,181
May. 26, 2016 06:00 PM EDT Reads: 1,751
May. 26, 2016 06:00 PM EDT Reads: 2,269
May. 26, 2016 06:00 PM EDT Reads: 1,861
May. 26, 2016 05:30 PM EDT Reads: 1,906
May. 26, 2016 04:45 PM EDT Reads: 2,976
May. 26, 2016 04:45 PM EDT Reads: 3,044
May. 26, 2016 04:30 PM EDT Reads: 1,858
May. 26, 2016 04:30 PM EDT Reads: 2,216
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
May. 26, 2016 04:15 PM EDT Reads: 2,006
May. 26, 2016 04:15 PM EDT Reads: 373