Post by Franko10 ™ on Sept 20, 2004 15:36:48 GMT -5
Great Western Minerals Group Ltd.
P.O. Box 69
Saskatoon, SK S7K 3K1
TSX VENTURE: GWG
USA OTC Symbol: GWMGF
CUSIP: 39141Y 10 3
May 13, 2003
CORPORATE UPDATE: FINANCING CLOSING;
WARRANT EXTENSION; DIAMOND SUBSIDIARY;
ANNUAL MEETING
The Company is pleased to report that, further to the May 5, 2003 news release, the first closing of the total US$2 million financing package is scheduled for Friday, May 16, 2003.
We further report that application has been made to extend the term of warrants due May 21, 2003 to November 21, 2003. There are 1,371,511 warrants outstanding allowing the holder of each warrant to purchase one common share of the Company for $0.40.
An independent report on the Company's diamond properties at Candle Lake is also nearing completion and will be filed in compliance with National Instrument 43-101 in preparation for the activation of Great Western Diamonds Corp. (“GWD”), the wholly-owned subsidiary of Great Western Minerals Group Ltd. As approved by shareholders in 2002, GWD is set up to hold and operate the diamond projects currently held by the parent. Upon receipt of regulatory approval, GWD will then issue shares to GWG shareholders (as of a date yet to be selected) on a 1:4 basis-one share of GWD for every four shares of GWG held.
All shareholders are invited to attend the Annual General Meeting of the Company June 25, 2003, at 10:00 am at Suite 602, 570 Granville Street, Vancouver, B.C.
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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 Symbol: GWMGF
CUSIP: 39141Y 10 3
May 13, 2003
CORPORATE UPDATE: FINANCING CLOSING;
WARRANT EXTENSION; DIAMOND SUBSIDIARY;
ANNUAL MEETING
The Company is pleased to report that, further to the May 5, 2003 news release, the first closing of the total US$2 million financing package is scheduled for Friday, May 16, 2003.
We further report that application has been made to extend the term of warrants due May 21, 2003 to November 21, 2003. There are 1,371,511 warrants outstanding allowing the holder of each warrant to purchase one common share of the Company for $0.40.
An independent report on the Company's diamond properties at Candle Lake is also nearing completion and will be filed in compliance with National Instrument 43-101 in preparation for the activation of Great Western Diamonds Corp. (“GWD”), the wholly-owned subsidiary of Great Western Minerals Group Ltd. As approved by shareholders in 2002, GWD is set up to hold and operate the diamond projects currently held by the parent. Upon receipt of regulatory approval, GWD will then issue shares to GWG shareholders (as of a date yet to be selected) on a 1:4 basis-one share of GWD for every four shares of GWG held.
All shareholders are invited to attend the Annual General Meeting of the Company June 25, 2003, at 10:00 am at Suite 602, 570 Granville Street, Vancouver, B.C.
--------------------------------------------------------------------------------
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.