Guyana Goldfields Inc.

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ TORONTO, June 11, 2014 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to announce that due to exceptional interest, it has increased the size of its previously announced non-brokered private placement offering (the "Placement"), which will now provide for the issuance of 24,000,000 common shares at a price of C$1.85 [...]

Guyana Goldfields are pleased to announce that the Mandated Lead Arrangers for the debt financing syndicate have received credit approvals to provide a US$185 million senior secured project finance facility to fund the development and construction of the Aurora Gold Project. The Lenders are comprised of International Finance Corporation, Export Development Canada, ING Capital LLC, Caterpillar Financial Services [...]

TORONTO, April 28, 2014 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company" or "GGI") is pleased to announce that all matters presented for approval at GGI's annual meeting of shareholders held on April 28, 2014, have been duly authorized and approved, as follows: (i)  election of all management nominees to the board of directors of the Company; and ...

TORONTO, Dec. 23, 2013 /CNW/ - Guyana Goldfields Inc. ("GGI" or "the Company") (TSX: GUY) would like to announce that Mr. Richard Williams and Mr. Robert Bondy have resigned as Board of Directors (the "Board") of the Company effective immediately, and in their place, GGI has appointed Mr. René Marion and Mr. Michael Richings as independent Board members. In addition, Patrick Sheridan, Executive Chairman of GGI, has resigned as Corporate Secretary of the Company, effective immediately, and Mr. Robert Bondy has been appointed as his successor. Rick will continue to provide consulting services to the Company. GGI would like to thank both Rick and Robert for th... [...]

TORONTO, Dec. 9, 2013 /CNW/ - Guyana Goldfields Inc. ("GGI" or "the Company") (TSX: GUY) is pleased to report that the Board of Directors has approved a US$238 Million ("M") expenditure for the Aurora Gold Project (the "Project") to reach commercial production. The Company has executed a Heads of Agreement and Term Sheet, documenting the principal terms and conditions with joint venture ("GSJV") partners, Sedgman [...]

TORONTO, Nov. 5, 2013 /CNW/ - Guyana Goldfields Inc. ("GGI" or "the Company") (TSX: GUY) is pleased to announce that it has signed a mandate letter with the International Finance Corporate ("IFC"), of the World Bank Group, to lead a senior debt facility in the amount of US$165 Million, of which US$40 Million is reserved to fund cost overruns. IFC currently has a 5.5% equity stake in the Company. The debt facility [...]

TORONTO, Oct. 17, 2013 /CNW/ - Guyana Goldfields Inc. ("GGI" or "the Company") (TSX: GUY) is pleased to announce the progress regarding the development at the Aurora Gold Project (the "Project") located in Guyana, South America and has committed to securing long lead time equipment. Earlier this year, the Board of Directors of the Company approved a fiscal 2013 Budget of approximately US$ 43 Million with the [...]

TORONTO, June 3, 2013 /CNW/ - Guyana Goldfields Inc. ("GGI" or "the Company") (TSX: GUY) is pleased to announce that the Board of Directors have appointed Mr. Scott Caldwell as the new President and Chief Executive Officer ("CEO") of the Company, effective immediately. Former CEO, Patrick Sheridan Jr, will become Executive Chairman of the Board of Directors.Executive Chairman, Patrick Sheridan, states, "Having Scott [...]

TORONTO, May 21, 2013 /CNW/ - Guyana Goldfields Inc. ("GGI" or "the Company") (TSX: GUY) is pleased to announce the appointment of Mr. Peter Lello Galassi ("Lello") to the position of Chief Operating Officer ("COO") of the Company, effective immediately. Mr. Galassi will be based in Georgetown, Guyana and will be responsible for all daily operations related to the Aurora Gold Project in Guyana, South America.Patrick [...]

TORONTO, April 26, 2013 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company" or "GGI") is pleased to announce that all matters presented for approval at GGI's annual and special meeting of shareholders held on April 26, 2013, have been duly authorized and approved, as follows:     (i) election of all management nominees to the board of directors of the [...]