Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: KWG Briefs Greenstone, Issues Common Shares

KWG Briefs Greenstone, Issues Common Shares

TORONTO, ONTARIO--(Dec. 9, 2015) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") met on Monday this week with the Mayor, CAO and EDO of the Municipality of Greenstone to discuss mutual plans being pursued by them with the Aroland First Nation for the possible development of beneficiation facilities at Exton, Ontario adjacent to the Aroland First Nation Reservation, in Greenstone's Nakina ward.

Exton-Aroland Site:

A feasibility study to be undertaken by KWG will determine if chromite feedstock material mined at the Ring of Fire and delivered to the site, located at a CN Railway junction, may be processed there into ferrochrome pellets and briquettes using KWG's proprietary direct reduction process with natural gas from the adjacent Trans-Canada Pipeline. A parallel companion facility would process part of the same feedstock material into high purity chromium metal using KWG's proprietary continuous aluminothermic casting process. Additional coterminous production lines would process other fractions of the feedstock to derive medical grade chromium compounds, animal feed supplements, and refined materials for manufacture into refractory products and for supply to the foundry industry.

Shares Issued:

KWG also announces that it was granted relief to the CSE's minimum price rule for the issuance of 25,000,000 common shares to Fancamp Exploration Ltd. (see Press Release of October 29, 2015) and 1,271,250 in payment of services at $0.02 per common share. All shares issued will have a hold period of four months

About KWG:

KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of CCC which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. KWG subsequently acquired patent interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. The company has determined that the reduction method can be employed to metalize finely ground chromite which could also be recovered from slurry delivered to Aroland in an underground pipeline constructed within the CCC claims.

http://kwgresources.com/kwg-briefs-greenstone-issues-common-shares/

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