Great West Gold, Inc. Corporate Update
NEW YORK--(BUSINESS WIRE)--May 19, 2006--Great West Gold, Inc. (OTCBB:GWGO) confirms that with effect from Monday May 22, 2006 it will trade on the OTC Pink Sheet Market and not on the OTC BB Market. The Company's Trading Symbol will be GWGO and the "E" annotation will removed from the Company's Trading Symbol on Monday May 22, 2006.
The Company will continue to be "Reporting" and the outstanding filings, being the Form 10 KSB for the period ended December 31, 2005 and the Form 10 QSB for the period ended March 31, 2006 will be filed in and during June of 2006.
The Company confirms the completion of the transactions to acquire the "Yaba" and the "Treasure King" Gold Mining Projects and the Copper Mountain Copper Project.
The Company is at this time investigating the acquisition of additional Gold and Copper Mining Projects and if successful, shareholders will be advised accordingly.
The Company will be continuing with its stated intention to distribute the Stock Dividends in Ambassador Gold Holdings plc, Sentinel Resource Holdings plc, Golden Eagle Mining Holdings plc, Copperstone Mining Holdings plc and Bouse Mining Holdings plc. The Company remains committed to obtaining a separate quotation for each of these Companies.
The Company intends to announce further Stock Dividends to its shareholders in and during June of 2006.
The dramatic and sustainable rise in commodity prices (particularly Gold, Silver and Copper) has increased the value of the Company substantially and Management intends to capitalize on this "Commodity Boom" for the benefit of shareholders.
About Great West Gold, Inc.
Great West Gold, Inc., a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
SqueezeTrigger Report Press Release - GWGO
CONTACT: Great West Gold, Inc. + 44 207 6910462 investor@greatwestgold.com
SOURCE: Great West Gold, Inc.
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