Owner
Post by Franko10 ™ on Sept 20, 2004 14:15:06 GMT -5
Great Western Gold Corp.
Suite 303, 416 21st Street East
Saskatoon, SK S7K 0C2
CDNX: GWG
CUSIP: 39144H107
July 12, 2000
Private Placement
Gary Billingsley, President, is pleased to announce that the Company is proceeding with a non-brokered private placement for a maximum amount of $675,000. The financing will be structured as follows:
Units: Maximum 150
Price: $4,500 per unit, one unit minimum purchase
Each Unit: 24,000 flow-through common shares 6,000 common shares 15,000 common share purchase warrants
Warrants: One common share purchase warrant plus $0.25 can be exchanged for 0.8 flow-through common shares and 0.2 common shares for a period of one year.
This offering will be available to residents of British Columbia to a maximum of 50 purchasers and to purchasers in Saskatchewan for the remainder to a maximum of 150 units.
The proceeds will be used to explore the Company's diamond properties at Candle Lake, Saskatchewan and the Company's rare earth project at Hoidas Lake, Saskatchewan and for working capital purposes.
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Great Western Gold Corp. is a Saskatchewan-based corporation engaged in the acquisition, exploration and development of unique and strategic mineral properties including diamonds and rare earth elements. Shares of the Company trade on the Canadian Venture Exchange under the symbol GWG.
For further information, please call Gary Billingsley at 1 306 664 0028.
GREAT WESTERN GOLD CORP.
Gary Billingsley
President
The Canadian Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of the contents of the foregoing.
© 2004 Great Western Minerals Group Ltd.
Suite 303, 416 21st Street East
Saskatoon, SK S7K 0C2
CDNX: GWG
CUSIP: 39144H107
July 12, 2000
Private Placement
Gary Billingsley, President, is pleased to announce that the Company is proceeding with a non-brokered private placement for a maximum amount of $675,000. The financing will be structured as follows:
Units: Maximum 150
Price: $4,500 per unit, one unit minimum purchase
Each Unit: 24,000 flow-through common shares 6,000 common shares 15,000 common share purchase warrants
Warrants: One common share purchase warrant plus $0.25 can be exchanged for 0.8 flow-through common shares and 0.2 common shares for a period of one year.
This offering will be available to residents of British Columbia to a maximum of 50 purchasers and to purchasers in Saskatchewan for the remainder to a maximum of 150 units.
The proceeds will be used to explore the Company's diamond properties at Candle Lake, Saskatchewan and the Company's rare earth project at Hoidas Lake, Saskatchewan and for working capital purposes.
--------------------------------------------------------------------------------
Great Western Gold Corp. is a Saskatchewan-based corporation engaged in the acquisition, exploration and development of unique and strategic mineral properties including diamonds and rare earth elements. Shares of the Company trade on the Canadian Venture Exchange under the symbol GWG.
For further information, please call Gary Billingsley at 1 306 664 0028.
GREAT WESTERN GOLD CORP.
Gary Billingsley
President
The Canadian Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of the contents of the foregoing.
© 2004 Great Western Minerals Group Ltd.
