November 26, 2010 (FinancialWire) (http://www.financialwire.net/) (Investrend Information Syndicate) — Great Western Minerals Group, Ltd., (TSX Venture: GWG) (OTC: GWMGF) has appointed Jim Davidson as the company’s chief financial officer.

Davidson was most recently chief financial officer with Athabasca Potash, Inc., where he managed all financial and administrative functions of that company, including governance, third party and management reporting, treasury, human resource and international financial reporting standards compliance. Additionally, he worked closely with the exploration project team in the preparation of Athabasca's environmental impact study and pre-feasibility study.

Prior to working with Athabasca, Davidson spent 19 years in the finance divisions of Weyerhaeuser in several locations throughout North America. He held senior management positions that focused on the enhancement of financial, production and technology processes, as well as SAP system deployment, and the standardization of accounting processes at forty of Weyerhaeuser's sites.

Great Western Minerals Group, Ltd., is an integrated rare earths processor. The company produces alloys that are used in the battery, magnet and aerospace industries. Those alloys are produced at the company's wholly-owned subsidiaries, Less Common Metals, Ltd., in Birkenhead, U.K., and Great Western Technologies, Inc., in Troy, Michigan. The alloys contain aluminium, nickel, cobalt and rare earth elements.

Great Western reports that the company has signed an off-take agreement for 100% of the rare earth elements produced at the former producing Steenkampskraal mine in South Africa. The company holds 20.8% ownership in Rare Earth Extraction Co., Ltd., which owns the Steenkampskraal mine. In addition, Great Western reports that the company holds interests in seven rare earth exploration and development properties in North America.

(Source: http://finance.yahoo.com/news/Great-Western-Minerals-Group-iw-2046417463.html?x=0&.v=2)

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