|
Post by Franko10 ™ on Sept 20, 2004 15:24:27 GMT -5
Great Western Gold Corp. P.O. Box 69 Saskatoon, SK S7K 3K1 CDNX: GWG CUSIP: 39144H107
May 14, 2002
COMPANY COMPLETES $400,000 PRIVATE PLACEMENT
Neil Yingling, President/CEO, Director is pleased to announce that the company has closed the private placement as originally announced April 9, 2002 subject to final acceptance by the TSX Venture Exchange. Total amount received from placees amounted to $411,453. This resulted in the issuance of 1,371,511 units at $0.30 each. Each unit consists of one (1) common share and one (1) non-transferrable common share warrant exercisable for a period of one (1) year at a price of $0.40.
-------------------------------------------------------------------------------- Great Western Gold Corp. is a diversified, Saskatchewan-based, Canadian mining exploration and development company exploring for diamonds and rare earth elements in the Province of Saskatchewan.
For further information, call Neil Yingling at 1 702 896 6724, Gary Billingsley at 1 306 220 5377 or Len Willetts at 1 905 544 8502.
GREAT WESTERN GOLD CORP. Neil Yingling President
The TSX 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.
|
|