Gowest Amalgamated Resources Ltd.

Gowest Amalgamated Resources Ltd.

March 06, 2009 15:33 ET

Gowest Completes Acquisition of 100% Interest in Frankfield Project

TORONTO, ONTARIO--(Marketwire - March 6, 2009) - Gowest Amalgamated Resources Ltd. ("Gowest")(TSX VENTURE:GWA) announced today that it has completed its previously announced acquisition of a 50% undivided interest in the Frankfield gold project and certain additional exploration properties located adjacent to the Frankfield gold project from New Texmont Explorations Ltd. As a result of the acquisition, Gowest now holds a 100% interest in the Frankfield gold project.

Additional details regarding the acquisition are available in the management information circular of Gowest dated January 21, 2009 which has been filed with the TSX Venture Exchange and applicable securities regulatory authorities. The information circular is available for review on SEDAR at www.sedar.com.

The acquisition remains subject to the submission of final documents to the TSX Venture Exchange and receipt of final TSX Venture Exchange approval.

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

  • Gowest Amalgamated Resources Ltd.
    Gregory Romain
    President & Chief Executive Officer
    (416) 840-9912
    Website: www.gowestamalgamated.com