Toronto, Ontario, Canada – December 23, 2011 – Debut Diamonds Inc. (“Debut”) is pleased to announce that it successfully completed a $1,500,000 private placement (the “Private Placement”).  An aggregate of 4,285,715 units (“Units”) were sold to funds of the MineralFields Group at $0.35 per Unit for gross proceeds of $1,500,000.  Each Unit is comprised of one flow-through common share and one-half of a flow-through common share purchase warrant.  Each whole warrant (a “Warrant”) entitles the holder to purchase one non-flow-through common share at any time for a period of two years, at a price of $0.45.

A finder received as aggregate compensation (i) 5.0% cash commission, and (ii) 428,571 finder’s options (each a “Finder’s Option”), being 10% of the aggregate number of Units purchased under the Private Placement.  Each Finder’s Option entitles the holder to purchase one unit (each a “Finder’s Unit”) at a price of $0.35 per Finder’s Unit.  Each Finder’s Unit consists of one non flow-through common share and one half of one common share purchase warrant.  Each whole warrant is exercisable at a price of $0.45 for a two year period from closing.

The gross proceeds to Debut from the Private Placement will be used to fund exploration expenses which qualify as “Canadian Exploration Expenses” (within the meaning of the Income Tax Act (Canada)) in connection with Debut’s projects in Ontario, including its Nakina properties in Thunder Bay and Porcupine.

All the securities issued pursuant to the Private placement are subject to a four (4) month hold period expiring April 23, 2012.

The common shares of Debut were listed on the Canadian National Stock Exchange (“CNSX”) on December 13, 2011.  Pursuant to a previously announced share distribution, KWG Resources Inc. set the close of business on Thursday, December 15, 2011, as the time and date when determining its shareholders of record who will be entitled to participate in the distribution of the shares of Debut.  For every 100 shares of KWG then held, shareholders will receive six shares of Debut on December 28, 2011.  It is expected that mailing of the share distribution will be completed on December 30, 2011.

This Press Release shall not constitute an offer to sell or solicitation of an offer to buy the securities in any jurisdiction.  The common shares and the Warrants comprising the Units or issuable upon exercise of the Warrants and Finder’s Options will not be and have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent an applicable exemption from the registration requirements.

This Press Release contains forward-looking statements regarding development of Debut’s projects that may involve a number of risks and uncertainties, including market conditions. Actual events or results could differ materially from Debut’s forward-looking statements and expectations herein.

Toronto, Ontario, Canada – December 21, 2011 – Debut Diamonds Inc. (“Debut”) is pleased to announce a proposed private placement (the “Private Placement”) of up to 4,285,715 units (each a “Unit”) at a price of $0.35 per Unit.  Each Unit will consist of one flow-through common share within the meaning of the Income Tax Act (Canada) (a “Flow-Through Common Share”) and one half of one flow-though warrant (a “Flow-Through Warrant”) with each whole Flow-Through Warrant exercisable to purchase one non flow-through common share of Debut at a price of $0.45 for a period of 24 months following the closing of the Private Placement, for aggregated consideration of $1,500,000.

Debut has agreed to pay to a finder: (i) 5.0% cash commission; and (ii) 428,571 finder’s options (each a “Finder’s Option”), being 10% of the aggregate number of Units available for purchase under the Private Placement.  Each Finder’s Option shall entitle the holder to purchase one unit (each a “Finder’s Unit”) at a price of $0.35 per Finder’s Unit.  Each Finder’s Unit will consist of one non flow-through common share and one half of one common share purchase warrant.  Each whole warrant is exercisable at a price of $0.45 for a two year period.

The gross proceeds to Debut from the Private Placement will be used to fund exploration expenses which qualify as “Canadian Exploration Expenses” (within the meaning of the Income Tax Act(Canada)) in connection with Debut’s projects in Ontario, including its Nakina properties in Thunder Bay and Porcupine.

All the securities issued pursuant to the Private Placement will be subject to a four (4) month hold period.  The Private Placement is subject to regulatory and other approvals.

The common shares of Debut were listed on the Canadian National Stock Exchange (“CNSX”) on December 13,2011. Pursuant to a previously announced share distribution, KWG Resources Inc. set the close of business on Thursday, Dec. 15, 2011, as the time and date when determining its shareholders of record who will be entitled to participate in the distribution of the shares of Debut. For every 100 shares of KWG then held, shareholders will receive six shares of Debut on Dec. 28, 2011. It is expected that mailing of the share distribution will be completed on Dec. 30, 2011

About CNSX:  CNSX Markets Inc. is a Canadian company that operates two distinct markets: The Canadian National Stock Exchange; and Pure Trading, which provides a high-speed trading venue for stocks listed on other Canadian stock exchanges. CNSX offers lower listing fees and innovative continuous disclosure features designed to minimize regulatory costs while improving the quality of information available to investors.

This Press Release shall not constitute an offer to sell or solicitation of an offer to buy the securities in any jurisdiction.  The common shares and the Warrants comprising the Units or issuable upon exercise of the Warrants and Finder’s Options will not be and have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent an applicable exemption from the registration requirements.

This Press Release contains forward-looking statements regarding development of Debut’s projects that may involve a number of risks and uncertainties, including market conditions. Actual events or results could differ materially from Debut’s forward-looking statements and expectations herein.

MONTREAL, QUEBEC–(Nov. 24, 2011) - KWG Resources Inc. (TSX VENTURE:KWG) provides the following update on the status of the upcoming distribution of the shares of Debut Diamonds Inc. (CNSX:DDI) and its current diamond exploration programs.

CRA Advance Income Tax Ruling Received

KWG has received an Advance Income Tax Ruling from the Canada Revenue Agency which confirms that KWG’s distribution to its shareholders of all of its shares of DDI as a reduction of the issued and paid-up capital account of KWG’s common shares will constitute a reorganization that will cause KWG shareholders holding KWG common shares as capital property (“Shareholders”) to be considered to receive a taxable dividend on the distribution only to the extent that the fair market value of the DDI shares distributed to the Shareholders exceeds the reduction of the issued and paid-up capital account of KWG’s common shares. Since, in the present circumstances, KWG intends to reduce the issued and paid-up capital account of its common shares by an amount that is equal to the fair market value of the DDI shares distributed to the Shareholders, it is expected that no taxable dividend will be received by the Shareholders on the distribution. KWG shareholders of record on December 15, 2011 will be entitled to receive 6 shares of DDI for each 100 shares of KWG. It is expected that each DDI share will be valued at approximately $0.30 for the purposes of the distribution. The fair market value of the DDI shares received by a particular Shareholder will reduce the adjusted cost base of the Shareholder’s KWG common shares. To the extent that the fair market value of the DDI shares received by a particular Shareholder exceeds the adjusted cost base of the KWG common shares to such Shareholder, the Shareholder will be considered to have realized a capital gain. The DDI shares will be posted for trading by the Canadian National Stock Exchange on December 13, 2011 when the KWG shares will commence trading on an ex-dividend basis.

New Airborne Geophysical Survey in MacFadyen and Victor Mine Area

Debut has completed the data acquisition phase of its new high-sensitivity and high-resolution airborne magnetic survey of the MacFadyen property, adjacent to De Beers’ Victor Mine. A total of 15,030 line kilometers were flown by helicopter at 75 meter spacing, in two large regional grids. The data is now being analyzed by Scott Hogg & Associates Ltd. for the development of prioritized targets for follow-up exploration. The flying conditions were ideal and the data thus collected is of superb quality and resolution. Part of the target selection analysis will include overlaying and cross-referencing to previously acquired data sets which now include many other drill-defined diamondiferous kimberlites in the area.

Assessment filing confirmed on Railroad corridor claims

MNDM recently confirmed that it has accepted for filing $7.5 million of geotechnical data as assessment work completed on the claims constituting the transportation corridor from Exton to the Ring of Fire. The work distribution secures tenure in all of the claims, most into 2016.

Corridor till sampling underway in JV between Debut and KWG

The geotechnical soil profile samples recovered at 500 meter intervals along the entire length of the railroad corridor claims constitute an unprecedented opportunity for the search for mineral deposits along this transect of the Canadian Shield. To facilitate the analysis, KWG and DDI have entered a joint venture under which DDI will conduct heavy minerals separation and analysis of the entire suite of samples. Diamond discoveries from this work, within the claims plus a 30 kilometer area of interest in all directions, will be the property of DDI; non-diamond mineral discoveries in that area will be the property of KWG. The processing of samples is underway and heavy minerals representing a variety of mineral deposit types have been identified. The Ontario Geological Survey is collaborating in examining the soil samples in order to construct from them a detailed profile and understanding of the glacial till depositions. The processing of an anticipated total of 500 samples, in this program, is expected to be completed during the second quarter of 2012.

About KWG: KWG has a 28% interest in the Big Daddy chromite deposit and is presently earning an additional 2% interest in it under an option agreement to create a joint venture with Cliffs Natural Resources on April 1, 2012. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a surveying and soil testing program for the engineering and construction of a railroad to the Ring of Fire from Exton, Ontario where the Trans Canada line of the Canadian National Railway can be connected.

Shares issued and outstanding: 636,878,941

MONTREAL, QUEBEC–(Nov. 7, 2011) - KWG Resources Inc. (TSX VENTURE:KWG) has set the close of business on Thursday, December 15, 2011 as the time and date when it will determine its shareholders of record who will be entitled to participate in the distribution of the shares of Debut Diamonds Inc. (CNSX:DDI). For every 100 shares of KWG then held, shareholders will receive six (6) shares of Debut Diamonds Inc. on December 28, 2011. It is expected that mailing of the share distribution will be completed on December 30, 2011.

Following the distribution, KWG will retain 7 million warrants to purchase shares of Debut for $0.40 per share at any time prior to August 29, 2016 plus 9,702,666 warrants to purchase shares of Debut for $0.10 per share at any time prior to January 15, 2013.

About KWG: KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a $15 million surveying and soil testing program for the engineering and construction of a railroad to the Ring of Fire from Exton, Ontario where the Trans Canada line of the Canadian National Railway can be connected. KWG’s subsidiary Debut Diamonds Inc. has nine diamond exploration projects in Ontario, three of which are funded and currently active with planned expenditures of up to $3 million.