As to the Share Ratio for the distribution... From the December 4, 2007, NR:

"As recently announced by KWG Resources Inc., it will distribute as a tax-free return-of-capital dividend the shares of Debuts Diamonds Inc. to be issued in exchange for the transfer of its diamond exploration properties. One common share of Debuts Diamonds Inc will be dividended for every three shares of KWG Resources Inc. held by its shareholders. Debuts Diamonds has engaged Northern Securities Inc. to complete a coincident private placement of special warrants for gross proceeds of $3 million."