GWR Closes Further $60,335

TSX Venture: GWQ

ARMSTRONG, BC, Feb. 4 /CNW/ - The Company announces that it has now closed an additional $60,335.40 of its previously announced $200,000 private placement. In closing this latest tranche, the Company issued 502,795 common shares and 502,795 warrants on terms previously announced. Applicable hold periods expire at midnight on June 3, 2010 .

One of the Company's insiders participated in this tranche for $9,960 .

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: Harley Sinclair, Executive Vice President, Telephone Number: [phone]