KWG Resources five-cent private placement

KWG Resources Inc (2) (C:KWG)
Shares Issued 263,659,821
Last Close 9/5/2008 $0.035
Monday September 08 2008 - Private Placement

The TSX Venture Exchange has accepted for filing the documentation with respect to a brokered private placement announced on July 23, 2008.

Number of shares: Four million common shares

Purchase price: Five cents per common share

Warrants: Two million warrants to purchase two million common shares

Warrant exercise price: 10 cents for a 24-month period

Hidden placees: Three

The company has confirmed the closing of the above-mentioned private placement.

© 2008 Canjex Publishing Ltd.