BWR Exploration Inc. (“BWR” TSX.V) is poised to capitalize on management’s corporate and exploration experience, focusing on an early stage exploration gold project recently acquired inManitoba, with secondary interest in other gold and base metal projects owned by BWR in Quebec and Ontario.
Founders, Management, and Directors are significant investors and currently owners of ~24.5 % of the outstanding common voting shares. There are 55.2 million common shares issued, recently trading range $0.06 to $0.08 range.
Three of BWR’s exploration projects have “uncategorized in situ resources” identified on them as reported in various government public and industry internal documents. BWR’s strategy is to complete systematic exploration that is designed to confirm or elevate the existing historical resources on these projects to formal resource estimates that are compliant with National Instrument 43-101 standards of reporting.