The question of the day: Will the option between KWG and Bold be met, extended once more, or will they come to some other arrangement?


KWG EXTENDS OPTION NOTICE

Toronto, Canada, October 1, 2014 - KWG Resources Inc. (TSXV: KWG; Frankfurt: KW6), (“KWG”) announces that by mutual agreement of the parties, KWG and Bold Ventures Inc. (“Bold”) have extended by 30 days, to October 30, 2014, the deadline by which KWG must provide Binding Notice 2. Pursuant to the Option Agreement between KWG and Bold, Section 3.1 provides that KWG must provide Binding Notice 2 by September 30, 2014 that it intends to make the $700,000 option payment due February 7, 2015 under the KWG/Bold Option Agreement and expend an aggregate of $8,000,000 on the property by March 31, 2015. If the Binding Notice 2 is not delivered, the Option is terminated.