Post by Franko10 ™ on Sept 20, 2004 15:32:22 GMT -5
Great Western Minerals Group Ltd.
P.O. Box 69
Saskatoon, SK S7K 3K1
TSX VENTURE: GWG
USA OTC BB Symbol: GWMGF
CUSIP: 39141Y 10 3
September 30th, 2002
MANAGEMENT REORGANIZES
Neil Yingling, Company President and a director since May 15, 2001 has opted to resign as an officer and director of the Company, effective immediately, to pursue matters related to funding future growth of the Company while re-establishing his private financial and industrial management consulting practice. In so doing, he has accepted the position as Chairman of the Company's Technical Advisory Committee. Gary L. Billingsley, director and Vice President, has been named as interim President until such time as additional management appointments have been finalized and announced. Mr. Billingsley will continue in his current technical engineering capacity as Chief Geologist and director of project operations.
Mr. Yingling stated “I find it necessary to serve in myriad off-line support roles to the Company to further it's growth, with no loss of focus, confident that my remote efforts working privately with global financial organizations and contacts through my consulting operations, devoid of the time spent on administrative and related matters, will reap benefits for the Company. I remain one of the major shareholders in the Company intent on adding to my holdings shortly. I am quite confident of its growth potential. I am quite satisfied the transfer of responsibility is in strong, capable hands, and that all primary objectives set out 16 months ago have been met or surpassed to our mutual satisfaction.”
The board of directors passed a resolution thanking Mr. Yingling for his leadership and his tireless effort to reorganize Company affairs; assistance in funding Company projects during his tenure and for enhancing expansion of Company project profiles with the addition of new projects now getting underway in the U.S. while assuring strong continuity.
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Great Western Minerals Group Ltd. is a diversified, Saskatchewan-based, Canadian mining exploration and development company exploring for diamonds, gold and rare earth elements.
For further information Gary Billingsley at 1 306 220 5377 or Len Willetts at 1 905 544 8502.
GREAT WESTERN MINERALS GROUP LTD.
Gary Billingsley
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.
P.O. Box 69
Saskatoon, SK S7K 3K1
TSX VENTURE: GWG
USA OTC BB Symbol: GWMGF
CUSIP: 39141Y 10 3
September 30th, 2002
MANAGEMENT REORGANIZES
Neil Yingling, Company President and a director since May 15, 2001 has opted to resign as an officer and director of the Company, effective immediately, to pursue matters related to funding future growth of the Company while re-establishing his private financial and industrial management consulting practice. In so doing, he has accepted the position as Chairman of the Company's Technical Advisory Committee. Gary L. Billingsley, director and Vice President, has been named as interim President until such time as additional management appointments have been finalized and announced. Mr. Billingsley will continue in his current technical engineering capacity as Chief Geologist and director of project operations.
Mr. Yingling stated “I find it necessary to serve in myriad off-line support roles to the Company to further it's growth, with no loss of focus, confident that my remote efforts working privately with global financial organizations and contacts through my consulting operations, devoid of the time spent on administrative and related matters, will reap benefits for the Company. I remain one of the major shareholders in the Company intent on adding to my holdings shortly. I am quite confident of its growth potential. I am quite satisfied the transfer of responsibility is in strong, capable hands, and that all primary objectives set out 16 months ago have been met or surpassed to our mutual satisfaction.”
The board of directors passed a resolution thanking Mr. Yingling for his leadership and his tireless effort to reorganize Company affairs; assistance in funding Company projects during his tenure and for enhancing expansion of Company project profiles with the addition of new projects now getting underway in the U.S. while assuring strong continuity.
--------------------------------------------------------------------------------
Great Western Minerals Group Ltd. is a diversified, Saskatchewan-based, Canadian mining exploration and development company exploring for diamonds, gold and rare earth elements.
For further information Gary Billingsley at 1 306 220 5377 or Len Willetts at 1 905 544 8502.
GREAT WESTERN MINERALS GROUP LTD.
Gary Billingsley
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.