GREAT WESTERN MINERALS GROUP APPOINTS HIGHLY EXPERIENCED MINING EXECUTIVE TO BOARD OF DIRECTORS
(via e-Mail)
January 8, 2013 - Saskatoon, Canada: Great Western Minerals Group Ltd. ("GWMG" or the "Company", TSX:V – GWG) today announced it has appointed Ron Hochstein to GWMG's Board of Directors. The appointment is effective immediately.
Mr. Hochstein is currently President, Chief Executive Officer and a Director of Denison Mines Corp. ("Denison"), positions he has held since 2009. For three years prior he had been Denison's President and Chief Operating Officer. Within his CEO role, Mr. Hochstein successfully negotiated a $100 Million financing and restructured Denison following the sale of its U.S. assets. Previously, his senior management positions were with International Uranium Corporation, H.A. Simons Ltd. Mining Group, Noranda Inc. and North Canadian Oils Ltd. His responsibilities included project development, exploration activities, public company reporting, regulatory negotiations and mine operations management. In addition to his current duties with Denison, Mr. Hochstein is President of Uranium Participation Corporation, an investment holding company which invests substantially all of its assets in uranium.
Mr. Hochstein holds a Masters of Business Administration from the University of British Columbia and a Bachelor of Science in Mineral Process Engineering from the University of Alberta.
His professional affiliations and certifications include membership in the Professional Engineers of Ontario, the Canadian Institute of Mining and Metallurgy and the Society of Mining Engineers.
GWMG Interim President and Chief Executive Officer Robert Quinn said, "GWMG is pleased to have attracted another independent Board member with exceptionally strong qualifications, significant mining experience and a knowledge base that will be of great value to our Company. Ron Hochstein's track record with putting mining projects into production in many parts of the world and his knowledge of global mining issues will assist GWMG in effectively delivering our projects."
