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Great Western Minerals Group Acquires 70.2% of Rareco Shares to Date
Jan. 24, 2011 07:52PM PST
Rare Earth InvestingGreat Western Minerals Group Ltd. (CVE:GWG) acquires 70.2% of all outstanding shares of Rare Earth Extraction Co. Limited.
Great Western Minerals Group Ltd. (TSXV:GWG) acquires 70.2% of all outstanding shares of Rare Earth Extraction Co. Limited.
The press release is quoted as saying:
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.
Click here to access the entire press release
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