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GREAT WESTERN MINERALS GROUP RECEIVES TSXV APPROVAL FOR WARRANT EXTENSION
GREAT WESTERN MINERALS GROUP RECEIVES TSXV APPROVAL FOR WARRANT EXTENSION.
About this update from Great Western Minerals Group Ltd
[{"type":"text","content":"GREAT WESTERN MINERALS GROUP LTD.\n \nTSX Venture Symbol: GWG CUSIP: 39141Y 10 3\nOTCQX: GWMGF\n \nGREAT WESTERN MINERALS GROUP RECEIVES TSXV APPROVAL FOR WARRANT EXTENSION\n \nDecember 6, 2012 - Saskatoon, Canada: Great Western Minerals Group Ltd. (\"GWMG\" or the \"Company\", TSX:V – GWG) announces that it has received approval from the TSX Venture Exchange (the \"TSXV\") for an extension of the expiry date of certain of GWMG's outstanding common share purchase warrants (the \"Warrants\").\n \nGWMG has received TSXV approval for the extension of the expiry date from December 15, 2012 to January 15, 2013 for 41,413,723 Warrants originally issued on October 19, 2010 and having an exercise price of $0.45 per Warrant (see GWMG news release December 6, 2012). The exercise price of the Warrants remains unchanged.\n \nWarrant holders will not be issued replacement Warrant certificates and the Warrant holders will be required to present the original Warrant certificates in order to effect the exercise of such Warrants.\n \nGreat Western Minerals Group Ltd. is engaged in becoming an integrated rare earth producer. The Company currently produces specialty alloys which are used in the aerospace, automobile, computer and high-tech 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 iron, nickel, cobalt and rare earth elements. As part of the Company’s vertical integration strategy, GWMG also holds 100% equity ownership in Rare Earth Extraction Co. Limited, which owns a 74% equity interest in the Steenkampskraal Mine in South Africa. In addition to an exploration program at Steenkampskraal, GWMG also holds interests in four active rare earth exploration and development properties in North America.\n \nFor further information, please contact Dwight Percy, Manager of Investor Relations at (306) 659-45...