NEW YORK, NY, October 20, 2006, Great West Gold, Inc. (PINKSHEETS: GWGO) has been inundated with requests for clarification of its restructuring plans as announced previously. The restructuring of the Company is simply, as follows :-
1. The Company’s Gold and Copper Mining Exploration interests are being disposed of to three separate OTC quoted Companies to form “The Treasure King Gold Group”, “The Sentinel Gold Group” and “The Copper Mountain Mining Group”. 2. The stock in each of these three OTC quoted Companies, received by Great West Gold, Inc. will be distributed to its stockholders, in full. Great West Gold, Inc. stockholders will still own the same Mining assets that they hold at this time. 3. Great West Gold, Inc. will be acquiring a company which is not in the Mining/Natural Resources Sector. Upon the completion of that acquisition, Great West Gold, Inc. will effect a change of name, Trading Symbol and CUSIP Number. |