KWG Resources Inc.: KWG Announces Proposed Private Placement of Flow-Through Units
KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6)
("KWG" or the "Company") is pleased to announce a proposed non-brokered private placement of up to 280,000 flow-through units (each a "
Flow-Thorough Unit") at a price of $1.5001 per Flow-Through Unit for aggregate gross proceeds of up to $420,028 (the "
Offering"). Each Flow-Through Unit is comprised of one multiple voting share of the Company (each, a "
Multiple Voting Share") issued on a "flow-through" basis in accordance with the
Income Tax Act (Canada) (each a "
Flow Through Share") and one multiple voting share purchase warrant (each a "