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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
SYS-CON.TV
KWG Completes Non-Brokered Private Placement

MONTREAL, QUEBEC -- (Marketwire) -- 12/31/12 -- KWG Resources Inc. (TSX VENTURE:KWG) ("KWG" or the "Company") has completed a non-brokered private placement (the "Placement") of 24,398,332 common shares of the Company issued on a "flow-through" basis at a price of $0.06 per share for aggregate gross proceeds of $1,463,900. The proceeds from the Placement will be used for eligible flow-through exploration expenses and will be renounced for the 2012 taxation year. Marquest Capital Markets received a cash finder's fee in the amount of $87,834 as well as a fee in the amount of $2,825 (inclusive of tax) for certain corporate finance and due diligence services provided to KWG in connection with the Placement.

The shares issued in the Placement are subject to a hold period expiring on April 29, 2013.

Follow Us On:

Facebook: http://www.facebook.com/kwgresourcesinc

Twitter: http://twitter.com/kwgresources

YouTube: http://www.youtube.com/KWGresources

Flickr: http://www.flickr.com/photos/kwgresources

Shares issued and outstanding: 691,577,273

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
KWG Resources Inc.
Bruce Hodgman
Vice-President
416-642-3575
info@kwgresources.com
www.kwgresources.com

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