Great Western Minerals Group Ltd.
TSX VENTURE : GWG
PINK SHEETS : GWMGF

Great Western Minerals Group Ltd.

October 15, 2009 13:38 ET

Addendum- Great Western Minerals Group Announces $10 Million Special Warrant Financing

SASKATOON, SASKATCHEWAN--(Marketwire - Oct. 15, 2009) -

(NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES)

As an addendum to the news release issued today by Great Western Minerals Group Ltd. (TSX VENTURE:GWG) (PINK SHEETS:GWMGF) regarding a $10 Million Special Warrant financing with Pope and Company Limited as Agents, further information on this financing can be obtained from Russell N. Starr, Head of Institutional Sales and Trading for Pope and Company Limited at (416) 588 6419.

About Pope and Company.

Pope & Company Limited is an independent financial services firm providing institutional services as a fully licensed investment dealer through its capital markets division. Pope and Company combines best-in-class corporate advice with its proprietary sources of institutional debt and equity capital. In addition Pope and Company has in-house mergers and acquisitions advisory and capital structuring expertise. By consolidating advice and access, Pope and Company offers its clients the best advice and access currently available in the capital markets.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities of the Company in any jurisdiction. The securities to be issued pursuant to the Offering by the Company have not and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or the securities laws of any state of the United States, and may not be offered or sold in the United States absent registration or an applicable exemption therefrom under the 1933 Act and the securities laws of all applicable states.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Great Western Minerals Group Ltd.
    Ron Malashewski
    Manager of Investor Relations
    (306) 659-4500
    or
    Great Western Minerals Group Ltd.
    226 Cardinal Crescent
    Saskatoon, SK S7L 6H8
    info@gwmg.ca
    www.gwmg.ca