HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: KWG news: Recent events have dramatically altered........

TORONTO, CANADA--(Nov. 5, 2014) - KWG Resources Inc. (TSX VENTURE:KWG)(FRANKFURT:KW6), announces that by mutual agreement of the parties, 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

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Above definitely shows that it's getting more and more difficult raising funds in

resource sector for exploration and development. It affects not only KWG but all small

exploration companies including Noront. It's been almost two and a half months since

KWG announced PP and it's still not done. Lets hope that Noronts big shareholders

wiil be there to support NOT.

GLTA,

Fossil

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