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

Great Western Minerals Group Ltd.

August 19, 2009 11:20 ET

Great Western Minerals Group Comments on Market Activity

SASKATOON, SASKATCHEWAN--(Marketwire - Aug. 19, 2009) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES

Great Western Minerals Group ("GWMG" or the "Company") (TSX VENTURE:GWG) (PINK SHEETS:GWMGF) provides comments on recent market activity in its shares at the request of the Investment Industry Regulatory Organization of Canada (IIROC).

Jim Engdahl, President and CEO of Great Western Minerals Group said, ""Management is unaware of any recent material events that could be responsible for the activity, and there are no material changes to report since the last news release". Engdahl adds, "There has been an increased interest in the rare earth and minor metals sectors which appears to have created an interest in many of the companies involved in these sectors".

Jim Engdahl, President and CEO

Great Western Minerals Group Ltd. is a Canadian-based company exploring for, and developing, strategic metal resources in North America and South Africa. Pursuing a vertically-integrated business model, the Company's wholly-owned subsidiaries of Less Common Metals Limited located in Birkenhead UK, and Great Western Technologies Inc., located in Troy, Michigan, produce a variety of specialty alloys for use in the battery, magnet and aerospace industries. These "designer" alloys include those containing copper, nickel, cobalt and the rare earth elements.

Cautionary Statement on Forward-Looking Information: The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.

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.

Contact Information

  • Great Western Minerals Group Ltd.
    Ron Malashewski
    Manager of Investor Relations
    (306) 659-4516
    Email: info@gwmg.ca
    Website: www.gwmg.ca
    or
    Great Western Minerals Group Ltd.
    226 Cardinal Crescent
    Saskatoon, SK S7L 6H8