GWR Announces Loans

ARMSTRONG, BC, Sept. 29 /CNW/ - GWR Resources Inc. (the "Company") (TSX Venture: GWQ) wishes to announce that it has arranged for loans from its President and an outside party in the aggregate amount of $222,000 for the purpose of reducing its accounts payable as disclosed in the Company's financial statements.  The loans are repayable on demand and the Company has the right to prepay same without notice or bonus.  The loans will bear interest at the rate of 1% per month.  In addition, subject to approval of the TSX Venture Exchange, the Company will pay each of the lenders a bonus of 123,000 shares.  These bonuses represent 15% of the principal amounts of the loans.  The maximum allowable bonus under the applicable policy of the Exchange is 20%.

The Company looks forward to closing its brokered private placement (see news release dated September 2, 2010).  A portion of the hard dollars may be used to reduce the abovementioned loans.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information:

Responsible Officer:  Irvin Eisler, President
Company Telephone Number:  [phone]