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Montréal, Canada – At the request of IIROC, KWG Resources Inc. (“KWG“) is retracting in its entirety the disclosure of the valuations contained in its June 30, 2010 press release entitled “KWG Reports Two Independent Valuation Opinions” (the “Valuations Press Release“), which is based on…

KWG Resources Inc. (“KWG” – TSXV:KWG) and Spider Resources Inc. (“Spider” – TSXV:SPQ) announce that Spider has determined that the offer made to it by KWG (the “New KWG Offer”) proposing certain amendments to the terms of the combination agreement among KWG, its wholly-owned subsidiary,…

Montréal, Canada – June 8, 2010 – KWG Resources Inc. (“KWG” or the “Company”) announces that the previously announced formal valuation of the Company’s common shares has been commenced by the independent valuator, Cormark Securities Inc.. In a letter delivered by Cliffs to KWG on June…

Montréal, Canada – June 3rd, 2010 – The Special Committee of the Board of Directors of KWG Resources Inc. (“KWG” or the “Company”) announces that it has engaged Cormark Securities Inc. to complete a formal valuation of the Company’s common shares in response to Cliffs…

Montréal, Canada – May 28, 2010 – KWG Resources Inc. (“KWG” or the “Company“) noted the press release issued by Cliffs Natural Resources Inc. (“Cliffs”) with respect to the announcement of the proposed merger between KWG and Spider Resources Inc. (“Spider” – TSXV:SPQ). The proposed merger…