Great Western Minerals Group- Mailing of Annual Information Circular and Proxy Materials
June 21 2011 - 4:11PM
Marketwired
Great Western Minerals Group Ltd. (TSX VENTURE: GWG) (OTCQX: GWMGF)
("GWMG" or the "Company") has posted its annual information
circular and related proxy materials on SEDAR at www.sedar.com and
has received an order from the Saskatchewan Financial Services
Commission abridging the timeline for delivery of related printed
materials (the "Meeting Materials").
Due to the strike commenced by the Canadian Union of Postal
Workers and disruption of postal services in Canada, GWMG
anticipates there may be a delay in the delivery of the printed
Meeting Materials to GWMG shareholders and the ability of GWMG
shareholders to deposit their proxies in a timely fashion.
Accordingly, Shareholders are reminded that the Meeting Materials
are available electronically on SEDAR at www.sedar.com under the
Company's profile and proxies and voting instruction forms may be
submitted by fax as described in the Meeting Materials.
To arrange for delivery of the Meeting Materials by electronic
mail or fax at no charge to such shareholder, a registered
shareholder or a non-objecting beneficial owner of GWMG shares may
contact either Computershare Trust Company of Canada by telephone
at (416) 263-9200 or by fax at (866) 249-7775 (within North
America) or (416) 263-9524 (outside North America); or the
Company's Manager of Investor Relations by email at info@gwmg.ca,
by telephone at (306) 659-4500 or by fax at (306) 659-4501.
Objecting beneficial owners of GWMG shares may contact their
broker, nominee or other intermediary to arrange for delivery of
the Meeting Materials.
The Company's annual general and special meeting (the "Meeting")
is scheduled to be held on Tuesday, July 12, 2011 at the Sheraton
Cavalier, Top of the Inn, 612 Spadina Crescent East, Saskatoon,
Saskatchewan, at 10 a.m. and the record date for shareholders
entitled to vote at the meeting is June 3, 2011. At the Meeting, as
more particularly described in the Meeting Materials, shareholders
will be asked to vote with respect to:
1. The appointment of KPMG LLP as auditors of the Company;
2. The election to the board of directors of all nominees listed in the
Company's information circular;
3. The approval of the Company's stock option plan, as amended
4. The continuation of the Company's shareholders' rights plan.
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.
GWG 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
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