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KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) has received subscriptions to complete the $1.5 million private placement of units previously announced, including $0.6 million in settlement of amounts payable to directors, officers, employees and consultants.

KWG was granted a waiver by the Canadian Securities Exchange of its minimum share issuance price policy in order to complete a private placement of 75 million units for $1,500,000.

KWG Resources Inc. is very pleased that the Government of Canada made allocations in the budget announced on Tuesday that will assist development of the Ring of Fire. As reported by the Mining Association of Canada, the budget addressed a number of issues that it had raised…

KWG Resources Inc. is in the process of filing the National Phase in the above-identified countries under the Patent Cooperation Treaty to seek patent grants for its method to reduce chromite ore to metallics utilizing natural gas, a carbon reductant, and a catalyst formulation.

KWG Resources Inc. (CSE:KWG) has been advised byChina Railway First Survey & Design Institute Group Co., Ltd. through KWG’s agent Golden Share Mining Corporation (TSX VENTURE:GSH), that an initial analysis by FSDI of KWG’s data has been completed. FSDI has indicated that the quality and extent of the data is adequate for FSDI to undertake a Feasibility Study on behalf of the parties. A meeting to establish terms of reference has been mutually scheduled by KWG and FSDI in January 2016.

KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) (“KWG”) met on Monday this week with the Mayor, CAO and EDO of the Municipality of Greenstone to discuss mutual plans being pursued by them with the Aroland First Nation for the possible development of beneficiation facilities at Exton, Ontario adjacent to the Aroland First Nation Reservation, in Greenstone’s Nakina ward.