KFG Resources Ltd. Announces Withdrawal of Private Placement

TSX Venture: KFG

NATCHEZ, MS, April 6 /CNW/ - KFG Resources Ltd. today announces that it is withdrawing its previously announced private placement of up to 30,000,000 units (the "Units") at a price of $0.065 per Unit. Each Unit was to be comprised of one common share and one common share purchase warrant.

About KFG Resources Ltd.

KFG Resources Ltd. (TSX-V: KFG) is an independent emerging North American company engaged in the development of onshore oil and gas reserves with activities concentrated in Mississippi and Louisiana, USA. The Company's common shares are listed on the TSX Venture Exchange under the trading symbol "KFG".

    
                                                       "James F. Gilbert"
                                                  ---------------------------
                                                  James F. Gilbert, Secretary
    

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE KFG Resources Ltd.

For further information: For further information: KFG Resources Ltd., Robert A. Kadane, President, Tel: (303) 825-7080


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