KWG Resources Inc.
TSX VENTURE : KWG

KWG Resources Inc.

September 07, 2007 13:32 ET

KWG Issues Shares for Services

MONTREAL, CANADA--(Marketwire - Sept. 7, 2007) - KWG RESOURCES INC. (TSX VENTURE:KWG) reports that pursuant to the Fiscal Agreement entered into with Paladin Capital Markets Inc. ("Paladin") (Press release dated May 3, 2007), it will issue 106,000 units at $0.05 per unit in payment of services rendered by Paladin to the Company in the month of August. Each unit is comprised of one common share of the Company and one common share purchase warrant entitling Paladin to subscribe for an additional common share of the Company at $0.10 at any time within until April 30, 2009. The securities issued have a four-month hold period.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.

Contact Information

  • KWG Resources Inc.
    Frank C. Smeenk
    President and CEO
    416-642-3575
    or
    KWG Resources Inc
    Michel Cote
    Director
    514-866-6001 - Ext. 266
    514-866-6193 (FAX)
    www.kwgresources.com