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Great West Gold, Inc. -- Corporate Update Wednesday March 21, 2:13 pm ET Company Issues an Update to Its Stockholders
NEW YORK, March 21, 2007 (PRIME NEWSWIRE) -- Great West Gold, Inc. (Other OTC:GWGO.PK - News) wishes to update its stockholders following is Press Release dated March 1, 2006. OUTSTANDING STOCK DIVIDEND DISTRIBUTIONS:
The Company is resolving the issue of the outstanding stock dividend distributions with the Transfer Agent; this was expected to be resolved without any further delay. However, the Company does not agree with the distribution of the stock, as provided by the Transfer Agent, and is at this time, working with the Transfer Agent to resolve this issue. This is in respect of the dividend distributions in: Bouse Mining Holdings plc, Ambassador Gold Holdings plc, Golden Eagle Mining Holdings plc, Copperstone Mining Holdings plc and Sentinel Resource Holdings plc. The Company is hopeful that this will be resolved shortly.
APPOINTMENT OF NEW AUDITORS:
The Company has this matter in hand, certain accounting details have now been finalized and upon the satisfactory completion of the stock dividends, the new Auditor appointment will be announced. This is expected to be completed very shortly, provided that there are no further delays on finalizing the outstanding stock dividends.
OUTSTANDING FILINGS:
It is the priority of this Company to bring its filings up to date immediately. We foresee no problems in this, given that we expect to appoint the new Auditor shortly.
APPLICATION TO BE REINSTATED ON THE OTC BB MARKET:
This application will be made at such time as the Company's filings are up to date. We do not foresee any problems nor should this exercise take an inordinate amount of time. This application cannot be made until the Company has brought its filings up to date.
UPDATE OF CORPORATE WEB SITE:
The various changes required to bring to the corporate web site up to date and to make it more informative, have been approved, and we are hopeful that these will be reflected on the web site shortly.
FUTURE PLANS:
The Company remains committed to enhancing stockholder value. The strong commodity prices have attracted a lot of unsolicited interest in this Company, from various third parties. We are at this time, evaluating certain proposals and will hopefully be in a position shortly to report back to our stockholders. We do are hopeful that this process will not be delayed much longer.
About Great West Gold, Inc.
Great West Gold, Inc., http://www.greatwestgold.com, a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States. The Company has Gold assets through its holdings in ``Bouse'', ``Mockingbird'', ``Ambassador'', ``Yaba'', ``Golden Eagle'', ``Bonanza'', ``Storm Cloud'', ``Starlight'', ``Venezia'', ``Federal'', ``Buffalo Lime Cap'', ``Red Cloud'', ``South Copperstone'' and ``Gladstone Lookout'' Gold Mining Projects. The Company's Copper assets are ``Copper Mountain'', ``Swansea'', ``Tip Top'' and ``Mineral Mountain''. The Company holds five of these Mining Assets through its 51% holding in Bouse Mining Holdings plc, Copperston Mining Holdings plc, Ambassador Gold Holdings plc, and Golden Eagle Mining Holdings plc and in Sentinel Resource Holdings plc. The other Mining Exploration Projects are 100% controlled by the Company.
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.
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Many thanks for contacting us at Great West Gold, Inc.
Mr Peter J Bezzano, the recently appointed Company President has been overwhelmed with E Mail enquiries for information, so many in fact, that he is not able to deal with personal responses. The Company has delegated the “Investor Relations” role, the new lady will commence work late this week. We hope that may bring satisfactory and timeous answers to all of your questions. All of your E Mail correspondence has been saved, in order for her to answer all of your outstanding questions, as well.
Please be advised that Computershare Trust Company, Inc., The Transfer Agent to Great West Gold, Inc. assures us that the issue of the outstanding Stock Dividends will be completed tomorrow. It would appear that FINALLY, the Company and the Transfer Agent have managed to agree to the distribution method. Should this be completed tomorrow, the Company will be issuing a detailed Press Release.
With the “Outstanding dividend” question out of the way, we hope to focus our attention on the appointment of Auditors to the Company and to bring our filings up to date. This is a necessary step to the road back the OTC BB Market.
The Company will be finalizing its plans very shortly, in respect of its new Mining Management Team and its plans for its Mining Interests. Stockholders will be kept informed through Press Releases as and when the Company has something to announce.
We have included our latest Press Release issued on March 21, 2006.
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No news the last few days. If the 31st is the quarter end I think we hear something next week. They owe us divi's on 5 subs and maybe AF's.
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Great West Gold, Inc. -- Stock Dividend Distribution Wednesday March 28, 12:20 pm ET Company Completes Its Outstanding Distribution of Stock Dividends
NEW YORK, March 28, 2007 (PRIME NEWSWIRE) -- Great West Gold, Inc. (Other OTC:GWGO.PK - News) confirms that the outstanding stock dividend distributions have now been completed by the Transfer Agent, and to the satisfaction of Great West Gold, Inc. This is in respect of the dividend distributions in: Bouse Mining Holdings plc, Ambassador Gold Holdings plc, Golden Eagle Mining Holdings plc, Copperstone Mining Holdings plc and Sentinel Resource Holdings plc.
The dividends have been distributed to eligible stockholders on the various Record Dates.
Stockholders wishing to verify their shareholdings in these companies or who require physical stock certificates, should contact the Transfer Agent directly, Computershare Trust Company, Inc.
The Company is now focusing on the appointment of the new Auditor, a matter which had been delayed until major outstanding issues such as the distribution of the Stock Dividends. This is expected to be finalized very shortly, given the resolution of the outstanding stock dividends.
About Great West Gold, Inc.
Great West Gold, Inc., http://www.greatwestgold.com, a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States. The Company has Gold assets through its holdings in ``Bouse,'' ``Mockingbird,'' ``Ambassador,'' ``Yaba,'' ``Golden Eagle,'' ``Bonanza,'' ``Storm Cloud,'' ``Starlight,'' ``Venezia,'' ``Federal,'' ``Buffalo Lime Cap,'' ``Red Cloud,'' ``South Copperstone'' and ``Gladstone Lookout'' Gold Mining Projects. The Company's Copper assets are ``Copper Mountain,'' ``Swansea,'' ``Tip Top'' and ``Mineral Mountain.'' The Company holds five of these Mining Assets through its 51% holding in Bouse Mining Holdings plc, Copperstone Mining Holdings plc, Ambassador Gold Holdings plc, and Golden Eagle Mining Holdings plc and in Sentinel Resource Holdings plc. The other Mining Exploration Projects are 100% controlled by the Company.
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Yeah I am excited! I called the transfer agent to see if I could get any information as to how many shares I will be getting and what not. I left a message and they still havent called me back.
The company Computershare (www-us.computershare.com) lets you register for free on their website and supposedly you can track your holdings that are managed by them. I tried to create an account but got this message.
The Company you have selected is served by this web site but is not yet available for Investor login.
Here is a link so you can contact them if you want to try.
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Well my excitement has come down a bit, but I guess GWGO took almost 2 years to make this happen so what's a few more days right?.
RE: Shareholder Inquiry - GWGO
We have not yet received official notification from Great West Gold, Inc., about the dividend distribution. We cannot proceed until we have proper paperwork. Please check back in a few days. Thank you.
Suzi Henry Securities Team A Computershare 350 Indiana St Suite 800, Golden CO 80401 T 1 303 262 0600 x4753 F 1 303 262 0700 www.computershare.com
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Great West Gold, Inc. -- Acquisition 81 minutes ago - *********wire Great West Gold, Inc. (Pink Sheets:GWGO) has acquired the Unitrust Capital S.A. Group, subject to the completion of certain legal formalities, the company being engaged in the issue of and the marketing of prepaid debit and credit cards. The Company is also engaged in various payment solution enterprises.
Great West Gold, Inc. will be changing its name to that of Fortress Financial Group, Inc. with immediate effect and will be obtaining a new CUSIP Number and Trading Symbol.
The mining exploration companies controlled by Great West Gold, Inc. will remain as Company assets until they are distributed to stockholders, in full. It is intended that these assets be placed in quoted companies under independent and experienced mining management teams.
The rationale for this transaction was to create value for stockholders and as announced on previous occasions that the Company was seeking to acquire a company in a different Industry Sector.
The Company will now be appointing a new Auditor, this is a condition of the acquisition of the Unitrust Capital S.A. Group. This will result in outstanding filings being brought up to date.
The Company is discussing changes to its share capital structure with the stockholders of Unitrust Capital S.A. and will be announcing its decision shortly.
About Great West Gold, Inc.
Great West Gold, Inc., www.greatwestgold.com, a gold miningexploration stage company, engaged in the acquisition and explorationof mining properties in the United States. The Company has Gold assets through its holdings in "Bouse," "Mockingbird," "Ambassador," "Yaba," "Golden Eagle," "Bonanza," "Storm Cloud," "Starlight," "Venezia," "Federal," "Buffalo Lime Cap," "Red Cloud," "South Copperstone" and "Gladstone Lookout" Gold Mining Projects. The Company's Copper assets are "Copper Mountain," "Swansea," "Tip Top" and "Mineral Mountain." The Company holds five of these Mining Assets through its 51% holding in Bouse Mining Holdings plc, Copperstone Mining Holdings plc, Ambassador Gold Holdings plc, and Golden Eagle Mining Holdings plc and in Sentinel Resource Holdings plc. The other Mining Exploration Projects are 100% controlled by the Company.
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.
Great West Gold, Inc. + 44 845 127 4051 investor*greatwestgold.com Recent GWGO Headlines April 30, 2007 1:29PMGreat West Gold, Inc. -- Acquisition 1:04PMGREAT WEST GOLD, INC. - ACQUISITION
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