NEW YORK, Oct. 10, 2006 (PRIMEZONE) -- Great West Gold, Inc. (Pink Sheets:GWGO) confirms that the two for one Forward Split of its Common Stock is effective as of today.
Eligible Great West Gold, Inc. stockholders, who held stock as at the Record Date, should have their Broker Accounts credited with these Dividend shares of the Company's Common Stock today, this being the Pay Date. Those stockholders who hold restricted shares of the Company's Stock will have their Dividend Shares credited today, these Dividend shares of the Company's Common Stock will be held by the Company's Transfer Agent, "on book."
About Great West Gold, Inc.
Great West Gold, Inc., www.greatwestgold.com, is 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" and "South Copperstone" and copper assets through its holdings in "Copper Mountain." The Company holds five of these Mining Assets through its 48% holding in Bouse Mining Holdings plc, Copperstone Mining Holdings plc, Ambassador Gold Holdings plc, Golden Eagle Mining Holdings plc and in Sentinel Resource Holdings plc. The other three 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.