Great Western Minerals Group Appoints Elizabeth Nash as Corporate Secretary

Related Quotes

SymbolPriceChange GWG.V

0.71	-0.03

{"s" : "gwg.v","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""}

SASKATOON, SASKATCHEWAN--(Marketwire - 06/08/11) - Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX-V:GWG - News) (OTCQX: GWMGF) announces the appointment of Elizabeth M. Nash as Corporate Secretary.

Ms. Nash, whose legal practice is focused on securities and corporate law, has provided advisory services to GWMG for 5 years. Prior to launching her own law practice in 1995, she has been a securities and corporate lawyer with Robertson Stromberg Pedersen of Saskatoon, with Lilly, Blott, Fejer of Toronto and with the Ontario Securities Commission.

Ms. Nash received her Juris Doctor from the University of Toronto Faculty of Law in 1980 and an MBA from the University of Toronto in 1982. She was admitted to the practice by the Law Society of Upper Canada in 1984 and articled with Fraser Milner Casgrain in Toronto.

"Having someone with Liz's significant experience and capabilities is crucial to the continuing corporate development of GWMG," said GWMG President and Chief Executive Officer Jim Engdahl. "As our Company has made the transition from being a Canadian-based junior Rare Earths exploration firm to being a globally based, fully integrated Rare Earths processor, the accompanying organizational changes have been very significant. Having access to Liz's expertise in the area of corporate governance will serve our Company and our shareholders extremely well."

Great Western Minerals Group Ltd. is an integrated Rare Earths processor. Its specialty alloys are used in the battery, magnet and aerospace industries. Produced at the Company's wholly owned subsidiaries Less Common Metals Limited in Birkenhead, U.K. and Great Western Technologies Inc. in Troy, Michigan, these alloys contain aluminium, nickel, cobalt and Rare Earth Elements. As part of the Company's vertical integration strategy, GWMG has signed an Off-take Agreement for 100% of the Rare Earth Elements to be produced at the former producing Steenkampskraal mine in South Africa and holds 93.1% equity ownership in Rare Earth Extraction Co. Limited, the owner of the Steenkampskraal mine. In addition to a planned exploration program at Steenkampskraal, GWMG also holds interests in five Rare Earth exploration and development properties in North America.

Certain information set out in this News Release constitutes forward-looking information. Forward-looking statements (often, but not always, identified by the use of words such as "expect", "may", "could", "anticipate" or "will" and similar expressions) may describe expectations, opinions or guidance that are not statements of fact and which may be based upon information provided by third parties. Forward-looking statements are based upon the opinions, expectations and estimates of management of GWMG as at the date the statements are made and are subject to a variety of known and unknown risks and uncertainties and other factors that could cause actual events or outcomes to differ materially from those anticipated or implied by such forward-looking statements. Those factors include, but are not limited to, the results of the exploration program, a resource estimate and commencement of production at Steenkampskraal, satisfaction of the conditions precedent with respect to GWMG's offtake agreement, receipt of all required approvals (including those relating to the commencement of production at the Steenkampskraal mine) and risks, uncertainties and other factors that are beyond the control of GWMG, risks associated with the industry in general, commodity prices and exchange rate changes, operational risks associated with exploration, development and production operations, delays or changes in plans, risks associated with the uncertainty of reserve or resource estimates, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. In light of the risks and uncertainties associated with forward-looking statements, readers are cautioned not to place undue reliance upon forward-looking information. Although GWMG believes that the expectations reflected in the forward-looking statements set out in this press release or incorporated herein by reference are reasonable, it can give no assurance that such expectations will prove to have been correct. The forward-looking statements of GWMG contained in this News Release, or incorporated herein by reference, are expressly qualified, in their entirety, by this cautionary statement and the risk factors contained in GWMG's current annual information form available at www.sedar.com.

CUSIP: 39141Y 10 3

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 
Contacts:
Great Western Minerals Group Ltd.
Dwight Percy
Manager of Investor Relations
(306) 659-4500
info@gwmg.ca
www.gwmg.ca
Great Western Minerals Group Ltd.
219 Robin Crescent, Saskatoon, SK S7L 6M8