Company Press Releases

Guyana Goldfields Inc. Announces Director Resignation

2019-06-12 / @newswire

TORONTO, June 12, 2019 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("the Company") reluctantly accepts the resignation of Mr. Peter Dey as a director effective immediately. Mr. Dey has resigned to focus on a health issue. Mr. Dey joined the Company as an independent director on March 6, 20...Read More

Guyana Goldfields Inc. Announces Results of Shareholders' Meeting

2019-05-22 / @newswire

TORONTO, May 22, 2019 /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 today have been duly authorized and approved, as follows: (i)&#x...Read More

Guyana Goldfields Inc. Files Management Information Circular Supplement

2019-05-02 / @newswire

TORONTO, May 2, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company" or "Guyana Goldfields") today announced that it has filed a Management Information Circular Supplement and a WHITE form of proxy (collectively, the "Supplemental Proxy Materials") in respect...Read More

Guyana Goldfields Inc. Confirms Dip Continuity of Mineralization at Mad Kiss

2019-05-01 / @newswire

Hole MKD 187 Cuts 301.4 metres grading 6.11 g/t from 14.1 metres downhole TORONTO, May 1, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") is pleased to announce the results of hole MKD 187 drilled into the central mineralized zone at the Mad Kiss satellite deposit at the...Read More

Guyana Goldfields Inc. reaches settlement of proxy contest

2019-04-29 / @newswire

TORONTO, April 29, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") today announced that it has reached a settlement with a group of shareholders who had requisitioned a special meeting of the Company's shareholders, including Patrick Sheridan, the Company's former...Read More

Guyana Goldfields Inc. Announces First Quarter 2019 Financial Results and Reports Mine Plan Optimization; Retires Debt

2019-04-30 / @newswire

Summary Gold production of 36,600 ounces, on track to achieve the previously stated 2019 guidance range of 145,000 to 160,000 ounces On April 30, 2019, the Company elected to retire the principal balance outstanding of its $35 million loan facility ("the Facility") Issued updated Mineral...Read More

Guyana Goldfields Inc. Addresses False and Misleading Sheridan Allegations and Frivolous Threatened Derivative Action

2019-04-23 / @newswire

TORONTO, April 23, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") today addressed false and misleading allegations and a threatened derivative action by Patrick Sheridan, who was terminated as the Company's Executive Chairman in July 2018 and is now leading a dissiden...Read More

Guyana Goldfields Inc. Files Letter to Shareholders and Management Information Circular

2019-04-22 / @newswire

TORONTO, April 22, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company" or "Guyana Goldfields") today announced that it has filed a Letter to Shareholders together with its Management Information Circular and a GOLD form of proxy (collectively, the "Proxy Mate...Read More

Patrick Sheridan Alerts Guyana Goldfields Inc. of Intent to Seek Leave to Commence a Derivative Action in Respect of Claims of Illegal and Improper Acts

2019-04-22 / @businesswire

Patrick Sheridan, one of the Concerned Shareholders of Guyana Goldfields (the “Concerned Shareholders”) holding no less than 5% of the outstanding shares of Guyana Goldfields Inc. (TSX: GUY) (“Guyana Goldfields” or the "Company")...Read More

Guyana Goldfields Inc. Receives Notice of an Additional Dissident Director Nominee

2019-04-17 / @newswire

TORONTO, April 17, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") today reported that it has received a new notice from its former Executive Chairman Patrick Sheridan, who was terminated from his executive position by the Board of Directors on July 30, 2018. The notice inf...Read More

Guyana Goldfields Inc. Announces First Quarter 2019 Operating Results and Comments on Potential Mine Plan Optimization

2019-04-15 / @newswire

First Quarter 2019 Summary Gold production of 36,600 ounces, on track to achieve the previously stated 2019 guidance range of 145,000 to 160,000 ounces. Mining rate averaged 61,542 tonnes per day. The decrease in the mining rate compared to the fourth quarter of 2018 can be attributed to the compl...Read More

Guyana Goldfields: Market Passes Negative Judgment on Current Leadership and New Life of Mine Plan as Stock Price Continues to Tumble

2019-04-04 / @newswire

Guyana Goldfields' share price falls below $1 mark; hits new 5-year low as shareholders sell off shares Analyst downgrades company, notes "Inadequate Financing in Place and Execution Hurdles Too High" Shareholders are right to wonder how much worse will things get? TORONTO, April...Read More

Guyana Goldfields Sets The Record Straight

2019-04-04 / @newswire

TORONTO, April 4, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") today set the record straight on a number of false and misleading statements in a news release issued on March 29, 2019 by a group of dissident shareholders (collectively the "Sheridan Dissidents")....Read More

Concerned Shareholders of Guyana Goldfields, Analysts, and Market Pan Company's 2018 Results and New Life of Mine Plan

2019-03-29 / @newswire

Market reacts to new life of mine plan with GUY share price falling to 52-week low Company continues to make excuses for poor performance and execution Concerned Shareholders continue to evaluate Company's resource model and will share results from independent third-party review in due course...Read More

Guyana Goldfields Inc. Files Technical Report

2019-03-29 / @newswire

TORONTO, March 29, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company")   announces today that it has filed a technical report entitled "Technical Report On The Aurora Gold Mine, Guyana" ("The Report") prepared in accordance with National Instr...Read More

/C O R R E C T I O N from Source -- Guyana Goldfields Inc./

2019-03-27 / @newswire

In the news release, Guyana Goldfields Inc. Reports Financial Results, Sets 2019 Production and Cost Guidance, issued 26-Mar-2019 by Guyana Goldfields Inc. over CNW, we are advised by the company that the 2019 Guidance section, 2nd sentence should read "152,500 ounces" rather than "...Read More

Guyana Goldfields Inc. Reports Financial Results, Sets 2019 Production and Cost Guidance

2019-03-27 / @newswire

TORONTO, March 26, 2019 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") today disclosed financial results for the fourth quarter and full year 2018. The Company also announced 2019 production and cost guidance for its wholly-owned Aurora Gold Mine...Read More

Guyana Goldfields Inc. Updates Resource Model & Life of Mine Plan

2019-03-27 / @newswire

TORONTO, March 26, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") reports the results from updated Mineral Resource and Mineral Reserve estimates, and life of mine plan ("LOM") completed by Roscoe Postle Associates Inc. ("RPA") on its 100% owned Aurora...Read More

Concerned Shareholders of Guyana Goldfields Engage Third-Party to Provide Independent Review of Aurora Mine Resource Model

2019-03-20 / @newswire

TORONTO, March 20, 2019 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("Guyana Goldfields" or the "Company") shareholders (the "Concerned Shareholders"), together owning not less than 5% of the issued and outstanding shares of the Company, have engaged an independent, int...Read More

Guyana Goldfields Inc. announces the addition of two new independent board members

2019-03-06 / @newswire

TORONTO, March 6, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") announces the appointments of Mr. Peter Dey and Ms. Maryse Saint-Laurent as independent, non-executive directors, to its Board of Directors, effective immediately. "On behalf...Read More

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