Great Western Minerals Group Grants Options

- December 29th, 2010

Great Western Minerals Group (CVE:GWG) announced that it has granted has granted an aggregate of 5,000,000 options to acquire common shares of the Company to officers, directors, consultants and employees.

Great Western Minerals Group (TSXV:GWG) announced that it has granted  has granted an aggregate of 5,000,000 options to acquire common shares of the Company to officers, directors, consultants and employees.

The press release is quoted as saying:

Great Western Minerals Group reports that, subject to regulatory approval, it has granted, as at December 23, 2010, to officers, directors, consultants and employees an aggregate of 5,000,000 options to acquire common shares of the Company. The options are exercisable into common shares of Great Western Minerals Group Ltd. at a price of $0.50 per share for a period of five years from the date of grant. This option program was approved by shareholders at the Company’s annual general meeting held on August 11, 2010.

To access the full release, click here.

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