cnw






Symbol on TSX Venture Exchange:


KWG





Shares issued and outstanding:


632,828,941



MONTREAL, March 24 /CNW/ - The Board of Directors of KWG Resources Inc. (TSXV: KWG) has granted options to purchase 3.5 million shares under its
Incentive Stock Option Plan. The options are exercisable for 5 years at
yesterday's closing price of $0.115. Options to purchase 1.5 million
shares were granted to two Directors and options to purchase 2 million
shares were granted to two consultants.

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.......RL