TORONTO, April 11, 2012 /CNW/ - Guyana Goldfields Inc.
('GGI' or 'the Company') is pleased to announce a non-brokered private placement pursuant to which GGI proposes to issue 8,391,069 common shares at a price of $2.91 per share for aggregate gross proceeds of approximately $24,418,010.
The Baupost Group, L.L.C., a Boston, Massachusetts based institutional investor, has agreed to purchase 7,891,069 common
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