Montréal, Québec – May 25, 2009 / – KWG Resources Inc. announces that the TSX Venture Exchange has approved the amendment of the terms of some of the Company’s outstanding warrants as follows: 2,500,000 warrants expiring in June 2009 have been extended to June 2012; 42,451,923 warrants expiring in October 2009 have been extended to October 2012; and 11,197,325 warrants expiring in October 2009 have been extended to December 2012. All other terms, including the exercise price, remain the same.
About KWG Resources Inc.
KWG Resources is a mineral exploration company with extensive claim holdings in the James Bay Lowlands of Northern Ontario, Canada, where important discoveries of nickel and chromium have been made recently in the so-called Ring of Fire. KWG has an equal joint venture interest in a large claim block in the central part of the discovery area, with Spider Resources Inc. (TSXV: SPQ). The joint venture is developing the Big Daddy chromite deposit adjacent to the Black Thor and Black Label chromite discoveries of Freewest Resources Canada Inc. (TSXV: FWR).
For further information, please contact:
| Bruce Hodgman, Communications Director Direct: 416-646-1374 [email protected] |
Michel Côté Director 514-866-6001 ext. 266 |
Or visit our website: www.kwgresources.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
Download In English PR33_en May 25 2009
Download En Francais PR33_fr May 25 2009
