Feb 20 (Reuters) - Kingwest Resources Ltd KWR.AX :
* RECEIVED COMMITMENTS FROM PROFESSIONAL AND SOPHISTICATED INVESTORS TO RAISE $3.5 MILLION VIA PLACEMENT SHARES ON ISSUE
* ISSUE PRICE PER PLACEMENT SHARE OF $0.165
Feb 20 (Reuters) - Kingwest Resources Ltd KWR.AX :
* RECEIVED COMMITMENTS FROM PROFESSIONAL AND SOPHISTICATED INVESTORS TO RAISE $3.5 MILLION VIA PLACEMENT SHARES ON ISSUE
* ISSUE PRICE PER PLACEMENT SHARE OF $0.165