May 7, 2010 - Saskatoon, Saskatchewan. Great WesternMinerals Group Ltd. (TSX:V - "GWG") is pleased to announce theappointment of Mr. Dwight Percy as Manager, Investor Relations for GreatWestern Minerals Group Ltd. (“GWMG” or the “Company”).
Mr.Percy replaces Ron Malashewski and theCompany wishes to offer Ron its sincere thanks and best wishes for the future. Ron’s hard work and dedication is greatlyappreciated by the Company and its shareholders.
Forthe past fifteen years, Dwight has been involved in investor relations,communications, media advisory services and strategic planning. During thattime he has worked with private firms, development agencies and publicly tradedcompanies.
Hehas had previous involvement with Great Western Minerals Group Ltd. in theCompany’s planning processes, working with the Board of Directors and seniormanagement in establishing strategic options and directions.
JimEngdahl, President and CEO of Great Western Minerals Group said, "This is yetanother strategic addition to the GWMG management team. As our company developsa fully integrated business model, Dwight’s background in a wide range ofbusiness environments, including previous exposure to the mining industry, willbe an important component of effectively communicating our company’s strategicdirection.”
GreatWestern Minerals Group Ltd. is a Canadian-based developer of Rare Earth Elementassets and a manufacturer of metals and alloys containing predominantly rareearth elements. GWMG has four active rare earth exploration and developmentproperties in North America and an option on a former-producing property in South Africa.In addition, as part of the Company's strategy to pursue avertically-integrated business model, the Company's wholly-owned subsidiariesof Less Common Metals Limited located in Birkenhead,UK, and Great WesternTechnologies Inc., located in Troy, Michigan, produce a variety ofspecialty alloys for use in the battery, magnet and aerospace industries. Thesehighly specified alloys include those containing aluminum, nickel, cobalt andthe rare earth elements.
Forfurther information, please contact Jim Engdahl,President and CEO at (306) 659-4500. Email inquiries should be made to info@gwmg.ca. The Company's website is locatedat www.gwmg.ca. Inquiries by direct mail should be addressed to Great WesternMinerals Group Ltd., 226 Cardinal Crescent, Saskatoon, SK S7L 6H8.
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policies of theTSX Venture Exchange) accepts responsibility for the adequacy or accuracy ofthis release.
Certain information set out in this NewsRelease constitutes forward-looking information, which may include informationrelating to estimates of sales and revenue of GWMG. 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 basedupon information provided by third parties. Forward-looking statements arebased upon the opinions, expectations and estimates of management of theCompany as at the date the statements are made and are subject to a variety ofknown and unknown risks and uncertainties and other factors that could causeactual events or outcomes to differ materially from those anticipated orimplied by such forward-looking statements. In light of the risks and uncertainties associated with forward-lookingstatements, readers are cautioned not to place undue reliance uponforward-looking information. Although the Company believes that theexpectations reflected in the forward-looking statements set out in this pressrelease or incorporated herein by reference are reasonable, it can give noassurance that such expectations will prove to have been correct. Theforward-looking statements of the Company contained in this press release, orincorporated herein by reference, are expressly qualified, in their entirety, bythis cautionary statement.