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Great Western Minerals Group Ltd. Joins OTCQX

NEW YORK – January 26, 2010 – Pink OTC Markets Inc. (Pink Sheets: PINK), the leading electronic inter-dealer quotation system, trading technology and financial information provider for Over-the-Counter (OTC) securities, today announced that Great Western Minerals Group Ltd. (OTCQX: GWMGF, TSX.V: GWG), a vertically integrated Canadian mineral exploration company and a fabricator of specialized rare earth products, is now trading on OTCQX®.

Great Western Minerals Group Ltd. began trading today on the OTC market’s prestigious tier, OTCQX International. Investors can find current financial disclosure and real-time Level 2 quotes for the company on www.otcqx.com and www.pinksheets.com.

“Great Western Minerals Group’s OTCQX listing separates the company from the thousands of other OTC-traded companies, affording their investors transparent trading and superior information,” said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome Great Western Minerals Group Ltd to OTCQX."

Berns & Berns, Counsellors at Law, will serve as Great Western Minerals Group Ltd.’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on listing requirements.

About Great Western Minerals Group Ltd.

(OTCQX: GWMGF, TSX.V: GWG) Great Western Minerals Group Ltd. will trade in the United States on OTCQX under the symbol “GWMGF”. Great Western Minerals Group’s shares are also listed on the TSX Venture Exchange, under the symbol GWG. As part of it's vertically integrated, "mine-to-market" business model, the Company holds four active rare earth exploration and development properties in North America with an option on a sizable additional property in South Africa. In addition, the Company's wholly-owned subsidiaries of Less Common Metals Limited located in Birkenhead UK, and Great Western Technologies Inc., located in Troy, Michigan, produce a variety of specialty alloys for use in the battery, magnet, automotive and aerospace industries.

About OTCQX

The OTCQX marketplace is the premier tier of the U.S. Over-the-Counter market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange. For more about OTCQX, visit target="_blank">www.gwmg.ca

Great Western Technologies: target="_blank">www.lesscommonmetals.com