SASKATOON, CANADA — (Marketwire) — 06/07/12 — Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX VENTURE: GWG) (OTCQX: GWMGF) is pleased to announce that it is in receipt of funds, released from escrow, in the amount of approximately US $63.2 Million from the previously announced offering of secured convertible bonds (the "Offering") (see: News release April 5, 2012: GWMG Announces Closing of US$90 Million Convertible Bond Financing).Immediately u
Manufacturing Revenues, Margins, EBITDA and Earnings Surpass Prior Year
SASKATOON, SASKATCHEWAN — (Marketwire) — 05/28/12 — Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX VENTURE: GWG) (OTCQX: GWMGF) today announced the resignation of Russell Grant as Senior Vice-President, Business Development and as a Director of the Company.Mr. Grant has served as Senior Vice-President, Business Development and as a Director since April 2010 during which time he has been responsible for initiatives that included the establishment of GWMG
SASKATOON, SASKATCHEWAN — (Marketwire) — 05/18/12 — Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX VENTURE: GWG) (OTCQX: GWMGF) announces that the the escrow agent (see GWMG Media Release May 10, 2012: "GWMG Satisfies Escrow Conditions for Release of Offering Funds") erroneously reported to the Company that the funds would be released immediately. GWMG now expects that the escrowed funds will be released upon filing of the full technical repor
SASKATOON, SASKATCHEWAN — (Marketwire) — 04/30/12 — Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX VENTURE: GWG) (OTCQX: GWMGF) today announced its financial results for the year ended December 31, 2011.GWMG now reports its results under International Financial Reporting Standards. For the three months and the year ended December 31, 2011, GWMG-s financial summary and highlights are as follows:GWMG President and Chief Executive Officer Jim Engdahl said,
SASKATOON, SASKATCHEWAN — (Marketwire) — 08/09/11 — Great Western Minerals Group (TSX VENTURE: GWG) (OTCQX: GWMGF) ("GWMG" or the "Company") is pleased to announce that it has appointed John Selby as a monazite / radiation / environmental consultant to its team at the Company-s Steenkampskraal rare earth mining project in South Africa.Mr. Selby was most recently with Richards Bay Minerals of South Africa where he assumed increasingly senior positions through to being nam
SASKATOON, SASKATCHEWAN — (Marketwire) — 07/27/11 — Great Western Minerals Group ("GWMG") (TSX VENTURE: GWG)(OTCQX: GWMGF) is pleased to announce that it has contracted DRA Mineral Projects (Pty) Ltd. ("DRA") of South Africa, a company with a strong track record of utilizing world class standards, for the detailed design of the Steenkampskraal processing plant.DRA is a multi-disciplinary, multi-national organization that specializes in the mining, infrastructure and mine
SASKATOON, SASKATCHEWAN — (Marketwire) — 07/25/11 — Great Western Minerals Group ("GWMG") (TSX VENTURE: GWG)(OTCQX: GWMGF) is pleased to announce that it has negotiated a Heads of Terms with Ganzhou Qiandong Rare Earth Group Ltd. ("GQD") of China to build a Rare Earth separation plant in South Africa, located in proximity to GWMG-s Steenkampskraal operation.The Heads of Terms agreement between the two companies will form the basis of the project. Signing the Heads of Ter
SASKATOON, SASKATCHEWAN — (Marketwire) — 07/21/11 — Great Western Minerals Group Ltd. (TSX VENTURE: GWG) (OTCQX: GWMGF) ("GWMG") Corporate Holdings:GWMG Corporate Focus:GWMG continues to execute its strategic plan to become a leading, fully integrated, "mines to markets" Rare Earths producer supplying its own Rare Earth inputs into its production and processing cycle.Annual and Special Meeting Update (July 12, 2011) Resolutions:Excerpts from AGM Speech by GWMG President a
SASKATOON, SASKATCHEWAN — (Marketwire) — 07/14/11 — Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX VENTURE: GWG) (OTCQX: GWMGF) is pleased to announce that it has completed the acquisition of 100% of the shares of Rare Earth Extraction Co. Limited ("Rareco").GWMG initiated and completed the exercise of its rights to compel the acquisition of the remaining shares of Rareco that it did not already hold under Section 440K of the Companies Act (So
