NATCHEZ, Miss., Oct. 07, 2016 Robert A. Kadane, President of KFG Resources Ltd., welcomes Kevin Haney and Giacomo Grassi to its Board of Directors.  The following are brief biographies of KFG's new directors.

Mr. Haney has over 20 years experience in the oil industry with experience as a director for Bird River Resources, a public oil exploration company.  Today, Mr. Haney owns a private company with an oil and investment division.  He currently holds 6,055,000 common shares or approximately 12% of the outstanding shares of KFG Resources Ltd.

Mr. Grassi has over a decade of combined experience in retail, wholesale and marketing in multiple industries, along with mineral exploration in Canada.  He holds a BA Degree from the University of Calgary and a Graduate Gemologist diploma for the Gemological Institute of America.  Mr. Grassi currently holds 1,299,000 common shares or approximately 2.6% of the outstanding shares of KFG Resources Ltd.

Mr. Kadane would like to thank former directors Keith Pople and Michael Raftery for their 22 years of service on behalf of KFG Resources Ltd.

The Company's common shares are listed on the TSX Venture Exchange, Vancouver, B.C., Trading symbol "KFG".

The TSX Venture Exchange has not reviewed and does not accept responsibility for the Adequacy or accuracy of this release. 

SOURCE KFG Resources Ltd.