Here's what they've told us Aug.7th

From the KWG Facebook page

"We just met with our transfer agent yesterday to discuss the logistics of the distribution. Now have to discuss with lawyers if there would be any income tax implications (i.e. is this a dividend, return of capital, or some of both?).

Here’s some math: ...

As per the MD&A (page 1, bottom) on Debuts Diamonds dated March 23, 2009 (available on SEDAR), there will be a 1 for 10 distribution of Debuts to the shareholders of record of KWG (ex. Cliffs). In other words – if you are buying today, you would have to buy 10 KWG shares today, to get 1 share in Debuts post-distribution. 10 shares of KWG today will cost you 45 – 50 cents."

August 7 at 10:57am

SRV