Hi Luker,

If I am not mistaken, your quote (in a previous NR): "KWG and Bold Ventures Inc. (“Bold”) have extended to December 30, 2014, the deadline by which KWG must provide 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. KWG has to date incurred $5.8 million of the $8.0 million required expenditure and is proceeding with a prospectus offering of securities to fund the additional work. If the notice is not delivered within the extended time, the Option will be terminated."

has been superceded by NR#204 of 6 Jan 2015, link below.

http://kwgresources.com/_resources/news/nr_2015_01_06.pdf

Not too much details (e.g. no new date and payment schedule, it just says "further amendment") were given in the new NR (the one that talks about the patent as a first topic, and the BH JV as a second item). Apparently, one of the posters has contacted Bruce who said "all's good", but it was then. For sure Bruce would have the details.

Cheers,

goldhunter