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KWG Announces Cancellation of Adjourned Shareholders Meeting and Appointment of Vice President

TORONTO, ONTARIO–(Marketwired – May 11, 2017) – KWG Resources Inc. (CSE:KWG)(CSE:KWG.A)(CSE:KWG.CN)(CSE:KWG.A.CN)(CNSX:KWG)(CNSX:KWG.A)(FRANKFURT:KW6) (“KWG” or the “Company”) announces that the adjourned Special Meeting of Shareholders of KWG has been cancelled by the Company’s board of directors. It was scheduled to reconvene on Friday, May 12, 2017 but management was unable to solicit sufficient proxies to vote in favour of passing the special resolution and thus the cost of convening the adjourned meeting was not warranted at this time.