Great Western Minerals Group, Ltd. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported sales of CAD 5,193,526 compared to CAD 2,789,613 a year ago. Loss before income taxes was CAD 9,496,311 compared to income before income taxes of CAD 656,343 a year ago. Net loss was CAD 9,500,510 or CAD 0.023 basic and diluted per share compared to net income of CAD 1,459,319 or CAD 0.003 basic and diluted per share a year ago.

For the year, the company reported sales of CAD 17,385,056 compared to CAD 15,687,298 a year ago. Loss before income taxes was CAD 29,520,997 compared to CAD 20,234,612 a year ago. Net loss was CAD 29,410,041 or CAD 0.070 basic and diluted per share compared to CAD 19,518,683 or CAD 0.047 basic and diluted per share a year ago.