GWR Update Regarding Cease Trade Order
LAC LA HACHE, BRITISH COLUMBIA - GWR Resources Inc. (the “Company” or “GWR”) (TSX Venture: GWQ) announces that a Cease Trade Order was issued by the B.C. Securities Commission on April 4th, 2013 as a result of the 2012 Financial Disclosure and Management Discussion and Analysis (the Materials) not being filed within the required timeframe. The Materials were filed on April 5th, 2012 and are available for review on the Company’s website at here
As a result of the Cease Trade Order the TSX issued a suspension of trading in the securities of the Company effective April 4th, 2013 and requested further information from the Company regarding compliance with Exchange requirements.
The Company has responded diligently to the information requests of the TSX.
The Company continues with its day to day operations. As announced on April 7th, 2013 the 2013 exploration program has commenced with IP and Mag surveys covering the new Scorpio zone of the Murphy block of the Lac La Hache property now underway. Rob Shives and John van Driesum are in attendance at the Kamloops Exploration Group Conference where Mr. Shives presented to the over 500 attendees on the exploration program with a particular focus on the exploration techniques used to identify the potential of the Scorpio zone.
When the Company has further information of the revocation of the Cease Trade Order and restoration of trading privileges will provide further news releases. In the interim please contact John van Driesum at either 250 880 2030 or 778 440 4472 or by email at john@gwrresources.com regarding operational matters, and Rob Shives at 613 882 1755 or 613 271 9585 or gamx@xplorenet.ca regarding exploration related matters.