Douglas Trust Reg. acquired Rare Earth Extraction Co., Ltd. from Great Western Minerals Group, Ltd. (TSXV:GWG) on July 17, 2015. As part of the acquisition, Douglas Trust assumed intercompany debt of CAD 52 million loan owed to Great Western.

Douglas Trust Reg. completed the acquisition of Rare Earth Extraction Co., Ltd. from Great Western Minerals Group, Ltd. (TSXV:GWG) on July 17, 2015. As on July 13, 2015, court approved the transaction.