Massive Black Horse Chromite Discovery

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Message: KWG announces a private placement

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I found it strange the way this was worded re the following........

Montréal, Canada - KWG Resources Inc. (TSX-V: KWG) ("KWG" or the "Company") announces a private placement (the "Private Placement") of $35,000 of units of securities of the Company comprised of one common share and one-half common share purchase warrant at a price of $0.07 per unit.

of $35,000 of units of securities.

Does that mean this director bought 500,000 common shares and one-half common share purchase warrant at a price of $0.07 per unit...????????.

........RL

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