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Guyana Goldfields Inc. (T:GUY)

Business Focus: N/A

Aug 25, 2020 07:50 am ET
Zijin Completes Acquisition of Guyana Goldfields
TORONTO and FUJIAN, China, Aug. 25, 2020 /CNW/ - Zijin Mining Group Co., Ltd. (SSE: 601899) (SEHK: 2899) ("Zijin") and Guyana Goldfields Inc. (TSX: GUY) ("Guyana") are pleased to announce the completion of the previously announced statutory plan of arrangement under the Canada Business Corporations Act (the "Arrangement") involving Guyana, Zijin and 12049163 Canada Inc., an indirect wholly-owned subsidiary of Zijin (the "Purchaser"), following receipt of all required regulatory approvals and satisfaction of all closing conditions.
Aug 17, 2020 07:00 am ET
Guyana Goldfields Inc. Announces Update Regarding Final Order in Respect of Arrangement With Zijin
TORONTO, Aug. 17, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") today announced that a hearing was held on August 14, 2020 to obtain a final order of the Ontario Superior Court of Justice (Commercial List) (the "Court") approving the previously announced statutory plan of arrangement under the Canada Business Corporations Act (the "Arrangement") involving the Company and Zijin Mining Group Co., Ltd. ("Zijin"). Pursuant to the Arrangement, a wholly-owned subsidiary of Zijin will acquire all of the issued and outstanding common shares of the Company (the "Shares") not already
Jul 31, 2020 07:55 am ET
Guyana Goldfields Announces Receipt by Zijin Mining of Remaining Chinese Regulatory Approvals and Provides Update on Final Court Hearing for the Approval of the Arrangement with Zijin Mining
TORONTO, July 31, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to  announce that Zijin Mining Group Co., Ltd. ("Zijin") has notified the Company that it has received the remaining required Chinese regulatory approvals, namely approvals from the National Development and Reform Commission ("NDRC") of the People's Republic of China and the State Administration of Foreign Exchange ("SAFE") of the People's Republic of China, with respect to the previously announced statutory plan of arrangement under the Canada Business Corporations Act involving the Company and Zijin
Jul 28, 2020 06:15 pm ET
Guyana Goldfields Inc. Reports 2020 Second Quarter Results and Provides Corporate Update
TORONTO, July 28, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company", "we", "us", or "our") today filed financial results for the second quarter and six months ended June 30, 2020. The Company also provided corporate updates, including information on its temporary care and maintenance plan.  All amounts in this release are expressed in U.S. dollars unless otherwise stated.
Jul 27, 2020 03:00 pm ET
Guyana Goldfields Announces Results of Annual and Special Meeting of Shareholders
TORONTO, July 27, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("Guyana Goldfields") is pleased to announce the voting results of its annual and special meeting (the "Meeting") of holders of common shares ("Shareholders") held on July 27, 2020. At the Meeting, Shareholders approved a special resolution (the "Arrangement Resolution") in respect of a statutory plan of arrangement (the "Arrangement") under the Canada Business Corporations Act (the "CBCA") pursuant to which a wholly-owned subsidiary of Zijin Mining Group Co., Ltd. (SSE: 601899) (SEHK: 2899) ("Zijin") will acquire all of the is
Jul 15, 2020 12:00 pm ET
Leading Independent Advisory Firms ISS and Glass Lewis Support the Arrangement Transaction Between Guyana Goldfields and Zijin Mining
TORONTO, July 15, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("Guyana Goldfields") is pleased to announce that Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis") have recommended that shareholders of Guyana Goldfields vote FOR the proposed transaction with Zijin Mining Group Co., Ltd. (SSE: 601899) (SEHK: 2899) ("Zijin").
Jul 08, 2020 06:00 pm ET
Guyana Goldfields Inc. Provides Operational Update
TORONTO, July 8, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company", "our", or "we") announced today that we have processed the last batch of ore from stockpile and will continue to recover gold in circuit inventory over the next several days. Thereafter, as previously announced, the mine site will go into a period of care and maintenance.
Jul 03, 2020 04:00 pm ET
Guyana Goldfields Announces Mailing of Management Information Circular in Connection with the Annual and Special Meeting to Consider Arrangement with Zijin Mining
TORONTO, July 3, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("Guyana Goldfields") announced today that it has mailed its management information circular ("Circular") and related materials (together with the Circular, the "Meeting Materials") in connection with the annual and special meeting of shareholders (the "Meeting") to be held on July 27, 2020. The purpose of the Meeting will be to vote on, among other things, an immediate value realisation transaction with Zijin Mining Group Co., Ltd. ("Zijin") that will provide shareholders with a significant premium for their Guyana Goldfields s
Jun 12, 2020 07:00 am ET
Zijin Mining to Acquire Guyana Goldfields Inc. in an All-Cash Offer for $323 million
TORONTO and FUJIAN, China, June 12, 2020 /CNW/ - Zijin Mining Group Co., Ltd (SSE: 601899) (SEHK: 2899) ("Zijin") and Guyana Goldfields Inc. (TSX: GUY) ("Guyana Goldfields") are pleased to announce that they have entered into a binding arrangement agreement (the "Zijin Arrangement Agreement"), pursuant to which Zijin will acquire all of the outstanding common shares of Guyana Goldfields (each, a "Guyana Common Share") by way of a plan of arrangement (the "Zijin Arrangement"), for cash consideration of C$1.85 for each Guyana Common Share, valuing Guyana Goldfields at approximately C$323 milli
Jun 10, 2020 08:00 pm ET
Guyana Goldfields Inc. Announces Receipt of Notification From Silvercorp Metals Inc. That It Will Not Match the New Offer
TORONTO, June 10, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("Guyana Goldfields" or the "Company") announces that it has received notice from Silvercorp Metals Inc. ("Silvercorp") that Silvercorp will not exercise its right to match the offer received from a foreign-based multinational mining company ("New Offeror"), announced on June 3, 2020, to acquire all of the issued and outstanding common shares of the Company not already owned by the New Offeror (the "Common Shares") at a cash price of C$1.85 for each Common Share by way of a plan of arrangement (the "New Offer"). 
Jun 09, 2020 05:15 pm ET
Guyana Goldfields Inc. Announces Cessation of Mining and Beginning of Planned Care and Maintenance
TORONTO, June 9, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company", "our", or "we") announced today that mining of Phase 4 at Rory's Knoll open pit and satellite pits has now been completed.  As per our previously announced plan, we will continue to process stockpiles until approximately the end of June and thereafter the mine site will go into care and maintenance.  The phased reduction of activity and employees is well under way and is expected to be completed over the course of the coming weeks.  Full-time security presence will be maintained at site, along with adequate crews
Jun 03, 2020 05:30 pm ET
Guyana Goldfields Inc. Announces Receipt of Superior Proposal
TORONTO, June 3, 2020 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) ("Guyana Goldfields" or the "Company") announces that it has received a binding proposal from a foreign-based multinational mining company ("New Offeror") for the acquisition of all of the issued and outstanding common shares of the Company not already owned by the New Offeror (the "Common Shares") by way of a plan of arrangement (the "New Offer"). The Board of Directors of the Company (the "Board") has unanimously determined, after consultation with its financial and legal advisors, that the New Offer constitutes a "Superior Pro
May 28, 2020 06:00 pm ET
Guyana Goldfields Inc. Reports 2020 First Quarter Results and Provides Corporate Update
TORONTO, May 28, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company", "we", "us", or "our") today filed financial results for the first quarter ended March 31, 2020.  The Company also provided corporate updates, including updates on its temporary care and maintenance plan and on its proposed arrangement transaction with Silvercorp Metals Inc. ("Silvercorp").  All amounts in this release are expressed in U.S. dollars unless otherwise stated.
May 17, 2020 09:00 pm ET
Silvercorp Metals and Guyana Goldfields Enter Into Amending Agreement
Silvercorp Metals Inc. (“Silvercorp”) (TSX/NYSE American: SVM) and Guyana Goldfields Inc. (TSX: GUY) (“Guyana Goldfields”) are pleased to announce that they have entered into an amending agreement (the “Amending Agreement”) to the arrangement...
May 17, 2020 09:00 pm ET
Silvercorp Metals and Guyana Goldfields Enter Into Amending Agreement
Trading Symbols: TSX/NYSE AMERICAN: SVMTSX: GUY
May 13, 2020 07:39 pm ET
Guyana Goldfields Rejects Unsolicited Gran Colombia Acquisition Proposal and Reaffirms Commitment to Transaction with Silvercorp Metals
TORONTO, May 13, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("Guyana Goldfields" or the "Company") today announced that its board of directors (the "Board"), after careful consideration and consultation with its financial and legal advisors, has unanimously determined to reject the unsolicited proposal announced by Gran Colombia Gold Corp. ("Gran Colombia") (TSX: GCM) on May 11, 2020 to acquire all of the issued and outstanding common shares of the Company for consideration consisting entirely of Gran Colombia shares (the "Gran Colombia Proposal").  The Board reaffirms its unanimous supp
May 11, 2020 08:04 pm ET
Guyana Goldfields Announces Receipt of Unsolicited Proposal
TORONTO, May 11, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company", "we" or "our") acknowledges it has received an unsolicited proposal from Gran Colombia Gold Corp. ("Gran Colombia") to acquire all of the issued and outstanding common shares of the Company at a share exchange ratio of 0.142 Gran Colombia shares for each Guyana Goldfields share (the "Gran Colombia Proposal"). The Gran Colombia Proposal, which was announced today by Gran Colombia, is conditional upon the completion of Gran Colombia's proposed concurrent acquisition of Gold X Mining Corp. (TSXV: GLDX, OTCQX: SSPXF)
May 11, 2020 09:00 am ET
Gold X to Merge With Gran Colombia and Guyana Goldfields to Create an Emerging Latin American-Focused Intermediate Gold Producer
Gold X Mining Corp. (“Gold X”) (TSXV: GLDX, OTCQX: SSPXF) is pleased to announce that it has signed a definitive agreement (the “Arrangement Agreement“) under which it intends to complete a business combination (the “Gold X Transaction”) with Gran...
May 11, 2020 06:30 am ET
Gran Colombia Gold Proposes to Merge With Guyana Goldfields and Gold X to Create a High-Growth, Latin American-Focused Intermediate Gold Producer
Gran Colombia Gold Corp. (“Gran Colombia”) (TSX: GCM; OTCQX: TPRFF) is pleased to announce that it has signed a definitive agreement to complete a business combination with Gold X Mining Corp. (“Gold X”) (TSXV: GLDX, OTCQX: SSPXF) (the “Gold X...
May 07, 2020 05:01 pm ET
Guyana Goldfields Inc. Reports 2019 Fourth Quarter and Full Year Results and Provides Corporate Update
TORONTO, May 7, 2020 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company", "we" or "our") today filed financial results for the fourth quarter and year-ended December 31, 2019.  The Company also provided corporate updates, including updates on its proposed arrangement transaction with Silvercorp Metals Inc. ("Silvercorp") and the Company's outlook for 2020.  All amounts in this release are expressed in U.S. dollars unless otherwise stated.
Apr 29, 2020 06:18 pm ET
Guyana Goldfields Inc. provides update on filing of annual disclosure documents and announces delayed filing of Q1 2020 financial disclosure pursuant to OSC Blanket Instrument 51-502
TORONTO, April 29, 2020 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") today provided an update with respect to (i) the filing of its annual financial statements and related management's discussion and analysis ("MD&A") for the year ended December 31, 2019 (the "Annual Financial Disclosure"), as well as its annual information form in respect of the year ended December 31, 2019 (collectively, the "Required Annual Filings"), and (ii) compliance with the delivery requirements of applicable securities laws relating to the Annual Financial Disclosure. The Company is providing this u
Apr 27, 2020 06:59 am ET
Silvercorp Metals to Acquire Guyana Goldfields Creating a Diversified Precious Metals Producer
Silvercorp Metals Inc. (“Silvercorp”) (TSX/NYSE American: SVM) and Guyana Goldfields Inc. (TSX: GUY) (“Guyana Goldfields”) are pleased to announce that they have entered into a definitive agreement (the “Arrangement Agreement”) whereby Silvercorp...
Apr 27, 2020 06:59 am ET
Apr 17, 2020 05:01 pm ET
Guyana Goldfields Inc. Files Amended and Restated Q1 & Q3 2019 Management Discussion and Analysis
TORONTO, April 17, 2020 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") announces the filing of amended and restated Management Discussion and Analysis ("MD&A") for the first quarter ended March 30, 2019 (the "Refiled Q1 MD&A") and the third quarter ended September 30, 2019 (the "Refiled Q3 MD&A", and together with the Refiled Q1 MD&A, the "Refiled MD&As").
Apr 08, 2020 03:00 pm ET
Guyana Goldfields Inc. files updated technical report
TORONTO, April 8, 2020 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") today filed an updated technical report for its 100% owned Aurora Gold Mine in Guyana, South America prepared pursuant to Canadian Securities Administrator's National Instrument 43-101. The Report supports the technical disclosure in the March 27, 2020 news release announcing the updated Mineral Resource and Mineral Reserve estimate and life of mine plan. The Report is available on the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.guygold.com under the Operations tab.
Mar 30, 2020 07:50 am ET
Guyana Goldfields Inc. Announces Delayed Filing of Annual Disclosure Documents Pursuant to OSC Blanket Instrument 51-502
TORONTO, March 30, 2020 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") today announced in accordance with Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements of the Ontario Securities Commission (the "Blanket Exemption Order"), which was adopted for the purpose of providing certain filing and other relief to issuers in light of the challenges posed by the COVID-19 pandemic, that it will be delaying the filing and delivery of certain of its continuous disclosure documents.
Mar 27, 2020 05:54 pm ET
Guyana Goldfields Inc. Announces Updated Mineral Reserves and Resources Estimate and Life of Mine Plan
TORONTO, March 27, 2020 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") today announced the results of an updated Mineral Resources and Mineral Reserves estimate (the "R&R Update") and an updated life of mine plan (the "LOM Plan") on its 100% owned Aurora Gold Mine (the "Mine") located in Guyana, South America.
Mar 23, 2020 05:01 pm ET
Guyana Goldfields Inc. Comments on Statement of Claim Filing
TORONTO, March 23, 2020 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") has become aware that a statement of claim was filed on March 18, 2020 with the Ontario Superior Court of Justice to commence a proposed class action lawsuit against the Company and its former President and Chief Executive Officer, Scott Caldwell. The representative plaintiff named in the statement of claim is seeking an unspecified amount of damages for certain alleged misrepresentations made by the Company in its public disclosure during the period from December 14, 2017 to October 30, 2019.
Mar 18, 2020 07:34 pm ET
Guyana Goldfields Inc. Provides COVID-19 Business Update, Including Impact of Guyana Travel Restrictions
TORONTO, March 18, 2020 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") announced that as a result of travel restrictions in and out of Guyana, the Company has temporarily suspended underground development at its 100% owned Aurora Gold Mine (the "Mine") located in Guyana, South America. Open pit and processing plant operations are currently unaffected and are continuing as planned.
Mar 06, 2020 04:05 pm ET
Guyana Goldfields Inc. Announces Officer Departure
TORONTO, March 6, 2020 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") wishes to advise that Suresh Kalathil, the Company's Senior Vice President and Chief Operating Officer ("COO"), has left the Company effective March 5, 2020. At this time, the Company does not plan on filling the COO position. 
Feb 25, 2020 03:52 pm ET
Guyana Goldfields Inc. Announces Fourth Quarter 2019 Production and Anticipated Ore Supply Gap
TORONTO, Feb. 25, 2020 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") today announced fourth quarter and full year 2019 production and anticipated ore supply gap.
Nov 25, 2019 07:00 am ET
Guyana Goldfields Inc. Announces Appointment of Chief Executive Officer
TORONTO, Nov. 25, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") is pleased to announce the appointment of Mr. Alan Pangbourne as the Company's President and Chief Executive Officer ("CEO"), effective January 1, 2020. Mr. Pangbourne will succeed Mr. Allen Palmiere, a director of the Company who was appointed Interim CEO in late July 2019 until the Company could complete its search for a permanent CEO. Mr. Palmiere will continue in his role as a director of the Company.
Oct 30, 2019 04:01 pm ET
Guyana Goldfields Inc. Announces Third Quarter 2019 Financial and Operating Results; Provides Corporate Update
TORONTO, Oct. 30, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") announces its financial and operating results for the third quarter ended September 30, 2019. Senior management will host a conference call tomorrow, Thursday, October 31, 2019 at 10:00 am ET to discuss the results and details of the call can be found at the end of this release.  All amounts are expressed in U.S. dollars unless otherwise stated. The full third quarter results are available on the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.guygold.com.
Oct 21, 2019 07:00 am ET
Guyana Goldfields Inc. Announces Off-Site Traffic Fatality Involving a Contractor
TORONTO, Oct. 21, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") announces that AGM Inc ("AGM"), a wholly-owned subsidiary of the Company, received notice that a traffic fatality occurred yesterday involving a driver employed by Trail Boss Interior Trucking Services Inc., locally contracted by AGM to transport fuel to its Aurora Mine. At the time of the accident, the vehicle was transporting fuel to the Aurora Mine from the port facility when the accident occurred.
Oct 15, 2019 07:30 am ET
Guyana Goldfields Inc. Provides Notice of Q3 2019 Financial and Operating Results
TORONTO, Oct. 15, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") announces that it will release its Q3 2019 financial and operational results after market close on Wednesday, October 30, 2019. A conference call will be hosted by senior management on Thursday, October 31, 2019 at 10:00 am ET.
Sep 09, 2019 05:34 pm ET
Guyana Goldfields Inc. Announces Receipt of Trade Union Certificate
TORONTO, Sept. 9, 2019 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GUY" or "the Company") today announced that AGM Inc ("AGM"), a wholly-owned subsidiary of the Company, received a Trade Union Certificate of Recognition from the Trade Union Recognition & Certification Board identifying The National Mine Workers Union ("NMWU") as the majority union for workers employed at AGM in Guyana.
Jul 30, 2019 07:30 pm ET
Guyana Goldfields Inc. announces that Scott Caldwell is stepping down as President and CEO; Allen Palmiere Appointed Interim CEO
TORONTO, July 30, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") announces that, effective at the close of business on July 31, 2019, Scott Caldwell will step down as the Company's President and Chief Executive Officer and as a director of the Company. Mr. Caldwell joined the Company as a director in 2012 and has been President and CEO since 2013. Mr. Caldwell was instrumental in building the Company's Aurora mine on time and on budget.
Jul 22, 2019 07:00 am ET
Guyana Goldfields Inc. Announces Appointment of Chief Financial Officer
TORONTO, July 22, 2019 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("the Company") is pleased to announce the appointment of Mr. Leon Binedell as Chief Financial Officer effective August 26, 2019.
Jul 05, 2019 08:00 am ET
Guyana Goldfields Inc. Announces End of Work Stoppage at Aurora Mine; Production Resumes
TORONTO, July 5, 2019 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("the Company") announced today that the work stoppage at its Aurora mine that began on July 2 has ended. Employees are starting to return to work in a phased approach to ensure orderliness and full production is anticipated to resume shortly. As a result of the 3 operational days lost, the Company estimates that approximately 22,500 tonnes were not processed, however, full year production guidance remains unaffected at 145,000-160,000 ounces of gold.
Jul 03, 2019 09:39 am ET
Guyana Goldfields Inc. Announces Work Stoppage at Aurora Mine
TORONTO, July 3, 2019 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("the Company") announces a wildcat work stoppage occurred yesterday at the Aurora Mine ("Aurora") in Guyana, South America.   A portion of the workforce employed by the Company's wholly owned subsidiary, AGM Inc. ("AGM"), has blocked delivery of ore to the mill.  As a safety precaution, the Company has decided to temporarily suspend operations until a resolution is reached with the striking workers, and is in the process of evacuating all non-essential personnel from site, including the striking workers.
Jun 12, 2019 07:00 am ET
Guyana Goldfields Inc. Announces Director Resignation
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, 2019 and the Board will initiate a search for a successor to replace him immediately.
May 22, 2019 05:00 pm ET
Guyana Goldfields Inc. Announces Results of Shareholders' Meeting
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:
May 02, 2019 07:00 am ET
Guyana Goldfields Inc. Files Management Information Circular Supplement
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 of the upcoming Annual and Special Meeting of the Company's shareholders (the "Meeting").
May 01, 2019 07:00 am ET
Guyana Goldfields Inc. Confirms Dip Continuity of Mineralization at Mad Kiss
Hole MKD 187 Cuts 301.4 metres grading 6.11 g/t from 14.1 metres downhole
Apr 29, 2019 07:00 am ET
Guyana Goldfields Inc. reaches settlement of proxy contest
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 Executive Chair (the "Requisitioning Shareholders").
Apr 23, 2019 07:20 am ET
Guyana Goldfields Inc. Addresses False and Misleading Sheridan Allegations and Frivolous Threatened Derivative Action
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 dissident proxy campaign against the Company and its Board of Directors (the "Board").
Apr 22, 2019 09:59 am ET
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
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"), has sent a letter dated April 10, 2019 (the “Letter”) to the Company’s board of directors (the “Board”) urging them to commence a claim against CEO Scott Caldwell for a series of disturbing allegations of misconduct at the Company’s head office and the Aurora Gold Mine.
Apr 22, 2019 07:00 am ET
Guyana Goldfields Inc. Files Letter to Shareholders and Management Information Circular
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 Materials") in respect of the upcoming Annual and Special Meeting of the Company's shareholders (the "Meeting").
Apr 17, 2019 05:00 pm ET
Guyana Goldfields Inc. Receives Notice of an Additional Dissident Director Nominee
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 informed the Company that Mr. Sheridan intends to nominate an additional, seventh dissident nominee to the slate of six dissident nominees named in the meeting requisition submitted by a group of dissident shareholders led by Mr. Sheridan (collectively, the "Sheridan Dissidents"). The Company is reviewing the no
Apr 04, 2019 01:56 pm ET
Guyana Goldfields Sets The Record Straight
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"). Patrick Sheridan, spokesperson for the Sheridan Dissidents, was terminated as Executive Chair of the Company on July 30, 2018.
Apr 04, 2019 01:19 pm ET
Guyana Goldfields: Market Passes Negative Judgment on Current Leadership and New Life of Mine Plan as Stock Price Continues to Tumble
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 4, 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, are alerting fellow shareholders to the damning market reaction to the Company's release of its
Mar 29, 2019 04:16 pm ET
Guyana Goldfields Inc. Files Technical Report
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 Instrument 43-101 – Standards of Disclosure for Mineral Projects. The Report supports the technical disclosure in the March 26, 2018 news release announcing updated mineral resource and mineral reserve estimates and an updated life of mine plan for the Aurora Gold Mine. The Report is available on the Company's profile on SEDAR at www.sedar.com and
Mar 29, 2019 03:33 pm ET
Concerned Shareholders of Guyana Goldfields, Analysts, and Market Pan Company's 2018 Results and New Life of Mine Plan
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 TORONTO, March 29, 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, are disappointed with the Company's 2018 financial results and thei
Mar 27, 2019 11:37 am ET
/C O R R E C T I O N from Source -- Guyana Goldfields Inc./
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 "152.5 million ounces" as originally issued inadvertently. The complete, corrected release follows:
Mar 26, 2019 10:00 pm ET
Guyana Goldfields Inc. Reports Financial Results, Sets 2019 Production and Cost Guidance
TORONTO, March 26, 2019 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") today disclosed financial results for the fourth quarter and full year 2018.
Mar 26, 2019 10:00 pm ET
Guyana Goldfields Inc. Updates Resource Model & Life of Mine Plan
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 Gold Mine ("Aurora") located in Guyana, South America. A conference call will be held tomorrow morning, Wednesday, March 27, 2019 at 10:00 am ET to review the results of the updated resource model and life of mine plan, in conjunction with the Company's fourth quarter and full year 2018 results. The updated resource model and li
Mar 20, 2019 02:05 pm ET
Concerned Shareholders of Guyana Goldfields Engage Third-Party to Provide Independent Review of Aurora Mine Resource Model
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, international consulting practice specializing in the resource sector to provide a third-party review and analysis of the resource model at Guyana Goldfields' Aurora Gold Mine ("Aurora").
Mar 07, 2019 03:30 pm ET
Concerned Shareholders of Guyana Goldfields Demand Immediate Answers on Company Statements Regarding Full Development Approval for Aurora Mine
Guyana's Environmental Protection Agency (EPA) rebukes Guyana Goldfields' management for false statements about its EPA permit; is "deeply disturbed by the company's total misrepresentation and misleading information"Latest claims consistent with Guyana Goldfields' pattern of misleading stakeholders and further damages company's reputation with Guyanese government; fresh start with wholesale board change is required to reset relationship TORONTO, March 7, 2019 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("Guyana Goldfields" or the "Company") shareholders (the "Concerned Shareholders"), toget
Mar 06, 2019 06:00 am ET
Guyana Goldfields Inc. announces the addition of two new independent board members
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.
Feb 28, 2019 06:00 am ET
Guyana Goldfields Inc. Commissions Phase 2 Mill Expansion to Allow for Enhanced Production Capacity
TORONTO, Feb. 28, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") announces that the second phase of its mill expansion is mechanically complete and was fully commissioned as of February 25, 2019.
Feb 22, 2019 06:00 am ET
Guyana Goldfields Inc. Updates Corporate Presentation
TORONTO, Feb. 22, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") announces that it has posted an updated investor relations corporate presentation on its website at www.guygold.com under the Investors tab.
Feb 20, 2019 03:00 pm ET
Guyana Goldfields Inc. Receives EPA Approval to Resume Underground Exploration Decline
TORONTO, Feb. 20, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") announces that it has received environmental authorization from the Guyanese Environmental Protection Agency ("EPA") to resume construction and development work on an underground exploration decline at its Aurora Gold Mine ("Aurora") located in Guyana, South America. 
Feb 11, 2019 03:30 pm ET
Guyana Goldfields Inc. Reports Results from Q4/18 Brownfield Exploration Drilling
DESCRIBES REVISED GEOLOGICAL INTERPRETATION AND 2019 EXPLORATION PLANS
Feb 08, 2019 06:00 am ET
Guyana Goldfields Inc. Announces Change of Chief Financial Officer
TORONTO, Feb. 8, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") announces that Paul J. Murphy, who is currently on leave as Chief Financial Officer of the Company, will not be resuming his role with the Company.  Mr. Christopher Stackhouse will continue as the Interim Chief Financial Officer.
Jan 30, 2019 10:30 am ET
Guyana Goldfields Inc. strengthens presence in Guyana, restructures Country Office
Local talent promoted, exploration refocused, operational efficiencies created, new Sustainability Manager and new Corporate Social Responsibility/Sustainability Coordinator appointed 
Jan 29, 2019 08:17 am ET
Concerned Shareholders of Guyana Goldfields Launch Website; Set the Record Straight on Current Board's Misleading Statements
TORONTO, Jan. 29, 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, announce the launch of a new website, FixGUYGold.com, to keep shareholders informed about their plan to rectify performance issues at the Company, lead a share price recovery and seek a value-maximizing transaction.
Jan 24, 2019 06:00 am ET
Guyana Goldfields Appoints Suresh Kalathil as Chief Operating Officer
TORONTO, Jan. 24, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") is pleased to announce the appointment of Suresh Kalathil as Senior Vice President and Chief Operating Officer, effective March 1.
Jan 23, 2019 12:41 pm ET
Concerned Shareholders Disappointed by Guyana Goldfields' Self-Serving Meeting Delay; Warn of Looming Covert Patronage Appointments
Board's decision to delay meeting is a transparent attempt to buy time to initiate an ad hoc defensive strategy whereby current directors will handpick and install their own replacements Concerned shareholders thank shareholders for overwhelming early expressions of support to replace the board and halt value-destruction TORONTO, Jan. 23, 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, are disappointed by the Company's annou
Jan 10, 2019 08:17 am ET
Change Cannot Wait: Concerned Shareholders Urge Guyana Goldfields Inc. to Hold Meeting Promptly
Concerned Shareholders welcome early expressions of support for their highly qualified and experienced director nominees Meeting of shareholders urgently needed to halt dramatic value-destruction and improve the company's performance Warns Guyana Goldfields' board of directors to refrain from self-serving or defensive actions to the detriment of shareholders' rights TORONTO, Jan. 10, 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 Co
Jan 03, 2019 08:00 am ET
Guyana Goldfields Inc. Appoints Mr. Perry Holloway as Senior Vice President, Strategy & Corporate Affairs
TORONTO, Jan. 3, 2019 /CNW/ - Guyana Goldfields Inc. (TSX : GUY) (the "Company") is pleased to announce the appointment of Mr. Perry Holloway as the Company's Senior Vice President, Strategy & Corporate Affairs, effective as of January 1, 2019.
Jan 02, 2019 04:30 pm ET
Guyana Goldfields Inc. Announces Requisition of a Special Meeting of Shareholders of the Company
TORONTO, Jan. 2, 2019 /CNW/ - Guyana Goldfields Inc. (TSX : GUY) (the "Company") announces that it has received a Requisition of a Special Meeting of Shareholders of the Company (the "Special Meeting"). The requisition is being made by certain shareholders (the "Participants") who in aggregate as of December 31, 2018, own 9.45 million common shares of the Company, representing approximately 5.4% of the total shares outstanding in the Company. The request for the Special Meeting is being made to consider the replacement of the current board of directors of the Company with six new directors n
Jan 02, 2019 01:57 pm ET
Concerned Shareholders Requisition Special Meeting to Restore Value at Guyana Goldfields Inc.
New board will revitalize Guyana Goldfields by optimizing operations, leading share price recovery and seeking a value-maximizing transaction Fully independent nominees bring superior mining, operational, public company, financial and legal expertise, and will create wealth for long-suffering shareholders who have lost over CDN$1 billion in value by initiating a strategic review After a period of prolonged value destruction, current directors René Marion, David Beatty, Scott Caldwell, Jean-Pierre Chauvin, Alan Ferry, Wendy Kei and Michael Richings (three of whom are not independent) have sho
Nov 19, 2018 06:00 am ET
Guyana Goldfields Inc. Announces Exploration Decline Update
TORONTO, Nov. 19, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") announces that its underground development work to advance the exploration decline at Mad Kiss is temporarily suspended due to further information requested by the Environmental Protection Agenda (EPA) in Guyana. The EPA is scheduled to inspect the site today and provide further clarity regarding their request. The Company expects to resume its exploration decline construction once the matter has been resolved. All open pit operations, including surface mining and milling, remain in operation and unaffected.
Nov 09, 2018 06:00 am ET
Guyana Goldfields Inc. Commences Underground Development with First Portal Blast
TORONTO, Nov. 9, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to announce that the Company has commenced underground development at the Aurora Mine completing the first blast on the Mad Kiss portal (see Figures 1 and 2).
Nov 08, 2018 06:00 am ET
Guyana Goldfields Inc. Announces Approval of Normal Course Issuer Bid
TORONTO, Nov. 8, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") announces that it has received approval from the Toronto Stock Exchange ("TSX") of its Notice of Intention to commence a Normal Course Issuer Bid ("NCIB"). The Company intends to purchase, from time to time as it considers advisable, over the following 12-month period of the NCIB program, an aggregate of approximately 8,155,948 common shares in the capital of the Company (the "Common Shares"), representing approximately 4.7% of the Company's 173,530,802 issued and outstanding Common Shares as at November 7, 2018.
Nov 07, 2018 06:00 am ET
Guyana Goldfields Inc. CFO, Paul Murphy, To Take Medical Leave of Absence
TORONTO, Nov. 7, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GUY" or "the Company") announced today that Mr. Paul Murphy, Executive Vice President, Finance and Chief Financial Officer will take a medical leave of absence, effective November 6, 2018, and that Mr. Christopher Stackhouse, current Vice President Finance, has been appointed interim Chief Financial Officer.
Nov 05, 2018 06:00 am ET
Guyana Goldfields Inc. Announces Intention to Commence A Normal Course Issuer Bid
TORONTO, Nov. 5, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") announces that its Board has approved the Company making an application to implement a normal course issuer bid ("NCIB").  Notice of Intention to commence the NCIB together with the terms and conditions has been filed with the Toronto Stock Exchange (the "TSX") and awaits approval. It is estimated that the approval process can take up to seven business days.
Oct 30, 2018 04:01 pm ET
Guyana Goldfields Inc. Announces Resignation of Patrick Sheridan from Board of Directors
TORONTO, Oct. 30, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") announces that the Board of Directors has accepted the resignation of Mr. Patrick Sheridan Jr. as a director of the Company, effective immediately.
Oct 30, 2018 09:57 am ET
IIROC Trade Resumption - GUY
TORONTO, Oct. 30, 2018 /CNW/ - Trading resumes in:
Oct 30, 2018 09:50 am ET
IIROC Trading Halt - GUY
TORONTO, Oct. 30, 2018 /CNW/ - The following issues have been halted by IIROC:
Oct 30, 2018 07:00 am ET
Guyana Goldfields Inc. Reports Third Quarter 2018 Operational and Financial Results; Revised 2018 Guidance
TORONTO, Oct. 30, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") reports its 2018 third quarter operational and financial results. All amounts are expressed in U.S. dollars unless otherwise stated. A conference call will be held today, Tuesday, October 30th at 10:00 am ET to discuss third quarter results and details of the call can be found at the end of this release. The Company previously announced its third quarter gold production results from mining operations on October 9, 2018.
Oct 09, 2018 07:30 am ET
Guyana Goldfields Inc. Releases Third Quarter 2018 Production Results; Full Third Quarter Results Released October 29, 2018
TORONTO, Oct. 9, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GGI" or "The Company") announces that gold production from mining operations at its Aurora Gold Mine totalled approximately 40,980 ounces poured (41,247 ounces recovered) for the third quarter ended September 30, 2018. The Company sold 41,200 ounces of gold at an average realized gold price of US$1,200 per ounce, generating gross third quarter revenues of US$49.4 million.
Sep 17, 2018 07:30 am ET
Guyana Goldfields Inc. Appoints Mr. Ron Stewart as Senior Vice President, Technical Services and Corporate Development
TORONTO, Sept. 17, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to report the appointment of Mr. Ron Stewart as the Company's Senior Vice President, Technical Services and Corporate Development effective as of September 17, 2018.
Sep 11, 2018 08:00 am ET
Guyana Goldfields Inc. Intercepts 9.09 g/t Au over 44.8 metres and 10.85 g/t Au over 21.4 metres from East Walcott Drill Program
TORONTO, Sept. 11, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to provide an exploration update from the diamond drill program currently underway at the East Walcott deposit in Guyana. The drill program is focused on the delineation of higher grade mineralization within East Walcott to assist with underground planning including finalizing the location of the second underground portal. Highlights from assay results from the first five holes (totalling 1,715m) of a planned 12 hole program drilled at East Walcott are as follows(1):
Sep 06, 2018 07:00 pm ET
Guyana Goldfields Closes Sale of SolGold Investment
TORONTO, Sept. 6, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GGI" or "the Company") is pleased to announce that it has closed the sale of its 6.1% interest in SolGold Plc ("SolGold"), the majority owner and operator of the Cascabel porphyry copper-gold project in Ecuador, for gross proceeds of approximately US$35 million. The Company intends to use the proceeds from the sale for debt reduction and general corporate purposes. Further details on the transaction are contained in the September 4, 2018, press release announcing the sale, which can be found on the Company's website or at www
Sep 04, 2018 07:00 pm ET
Guyana Goldfields to Realize Gross Proceeds of US$35 million Cash from Sale of SolGold Investment
TORONTO, Sept. 4, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GGI" or "the Company") is pleased to announce that it has entered into a definitive agreement with BHP Billiton plc ("BHP") to sell its 6.1% interest in SolGold Plc ("SolGold"), the majority owner and operator of the Cascabel porphyry copper-gold project in Ecuador.
Sep 04, 2018 07:30 am ET
Guyana Goldfields Inc. Appoints Ms. Lisa Zangari as Chief Talent Officer
TORONTO, Sept. 4, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to report the appointment of Ms. Lisa Zangari as the Company's new Chief Talent Officer effective as of September 10, 2018.
Aug 22, 2018 08:34 am ET
Guyana Goldfields Inc. Reports No Damage After Earthquake Off Venezuelan Coast
TORONTO, Aug. 22, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to report that no damage has been sustained to operations at the Aurora Gold Mine after the effects of a 7.3 magnitude earthquake that took place off the eastern coast of Venezuela yesterday at approximately 5:30pm. The Company reports no damage to any facilities and normal operations continued throughout the day and night.
Jul 30, 2018 04:57 pm ET
Guyana Goldfields Inc. Announces Appointment of René Marion as Non-Executive Chairman
Patrick Sheridan Jr. terminated as Executive Chairman, and will remain member of the Board. TORONTO, July 30, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") announces that the board of directors of the Company (the "Board") has appointed independent director, René Marion, as the non-executive Chairman of the Board. Patrick Sheridan Jr. has been terminated by the Board in his capacity as Executive Chairman, effective immediately. Mr. Sheridan will continue to be a member of the Board.
Jul 30, 2018 04:30 pm ET
Guyana Goldfields Inc. Reports Second Quarter 2018 Operational and Financial Results
TORONTO, July 30, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") reports its 2018 second quarter operational and financial results. All amounts are expressed in U.S. dollars unless otherwise stated. A conference call will be held tomorrow, Tuesday, July 31st at 10:00 am ET to discuss second quarter results and details of the call can be found at the end of this release. The Company previously announced its second quarter gold production results from mining operations on July 16, 2018.
Jul 16, 2018 07:30 am ET
Guyana Goldfields Inc. Announces New General Manager At Its Aurora Gold Mine
TORONTO, July 16, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (or "The Company") is pleased to announce the appointment of Mr. Brennan Lang as the new General Manager of the Aurora Gold Mine in Guyana, South America effective at the end of July.
Jul 16, 2018 07:30 am ET
Guyana Goldfields Inc. Releases Second Quarter 2018 Production Results; Full Second Quarter Results Released on July 30, 2018
TORONTO, July 16, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (or "The Company") announces that gold production from mining operations at its Aurora Gold Mine totalled approximately 28,250 ounces poured (31,300 ounces recovered) for the second quarter ended June 30, 2018. The Company sold 31,700 ounces of gold at an average realized gold price of US$1,300 per ounce, generating gross second quarter revenues of US$41.2 million.
May 29, 2018 01:43 pm ET
Guyana Goldfields Inc. Signs Open Pit Contract Mining Agreement and Targets Commencement of Underground Development for the Fourth Quarter
TORONTO, May 29, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to announce that it has signed an open pit contract mining agreement with STRACON GyM International S.A.C. ("STRACON") in order to meet higher waste stripping requirements through to the end of 2021 as forecasted in its optimised life of mine plan ("Optimised Life of Mine Plan") which was press released on February 20, 2018.
May 24, 2018 04:42 pm ET
Guyana Goldfields Inc. Reports Non-Operations Related Employee Death
TORONTO, May 24, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") reports the death of one of its employees found at his apartment in Georgetown, Guyana. A formal police investigation is currently ongoing and the Company is cooperating in any way possible. The Company wishes to express sincere condolences to the family and is making every effort possible to offer support.
May 01, 2018 04:30 pm ET
Guyana Goldfields Inc. Announces Results of Shareholders' Meeting
TORONTO, May 1, 2018 /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 earlier today have been duly authorized and approved, as follows:
Apr 30, 2018 04:30 pm ET
Guyana Goldfields Inc. Reports First Quarter 2018 Results; Sold 38,000 oz Au Generating US$18.9M in Operating Cash Flow and Net Earnings of US$0.05 Per Share
TORONTO, April 30, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") reports its 2018 first quarter operational and financial results. All amounts are expressed in U.S. dollars unless otherwise stated. A conference call will be held tomorrow, Tuesday, May 1st at 10:00 am ET to discuss first quarter results and details of the call can be found at the end of this release. The Company previously announced its first quarter gold production from mining operations on April 9, 2018.
Apr 09, 2018 07:30 am ET
Guyana Goldfields Inc. Achieves Strong Production of 38,500 Ounces of Gold and Generates US$50M of Revenue in the First Quarter of 2018; Full First Quarter Results Released on April 30, 2018
TORONTO, April 9, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (or "The Company") is pleased to announce that gold production from mining operations at its Aurora Gold Mine totalled approximately 38,500 ounces for the first quarter ended March 31, 2018, which was in-line with annual production guidance for the year. The Company sold 38,100 ounces of gold at an average realized gold price of $1,333 per ounce, generating gross first quarter revenues of US$50.7 million.
Mar 29, 2018 07:30 am ET
Guyana Goldfields Inc. Completes Mill Expansion On-Time and Under Budget
TORONTO, March 29, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GGI" or "the Company") is pleased to report that the phase one mill expansion which was designed to increase the hard rock throughput rate from 5,600 tonnes per day ("tpd") to 6,600 tpd has been completed on-time and slightly under budget with initial benefits to recovery already being observed within current operations.
Feb 23, 2018 06:30 am ET
Guyana Goldfields Inc. Produces 160,500 Ounces of Gold in 2017; Generating US$200M in Revenue and Completing the Year with Record Low Costs
TORONTO, Feb. 23, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") reports its 2017 full year and fourth quarter operational and financial results. A conference call will be held today at 10:00 am ET to discuss 2017 full year and fourth quarter results. The Company previously released its preliminary fourth quarter 2017 operational results on January 9, 2018. All amounts are expressed in U.S. dollars unless otherwise stated.
Feb 20, 2018 05:42 pm ET
Guyana Goldfields Inc. Delivers Optimized Life of Mine Plan for the Aurora Gold Mine Showing Increased Mineral Reserves, Annual Gold Production, and Cash Flow Generation
TORONTO, Feb. 20, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GGI" or "the Company") is pleased to report the results from its optimized life of mine plan on its 100% owned Aurora Gold Mine (hereto referred to as the "Optimized LOM Plan"). The Optimized LOM Plan shows increased mineral reserves of 12% after net depletion of 2017 operations and assumes accelerated selective underground mining of higher grade stopes concurrent with open pit operations while reflecting an expansion of the current processing facility to maintain throughput of 7,500 tonnes per day ("tpd") with hard rock ore.
Feb 19, 2018 11:54 am ET
Guyana Goldfields Inc. To Release Optimized Life of Mine Plan and 2018 Guidance on February 20, 2018
TORONTO, Feb. 19, 2018 /CNW/ - Guyana Goldfields Inc. ("the Company") (TSX:GUY) will be releasing the Optimized life of mine plan results and 2018 production guidance on Tuesday, February 20, 2018 after-market. A conference call will be held the following day at 10:00 am EST followed by a technical teach-in workshop for analysts and institutional investors held at Vantage Venues (Formerly St. Andrew's Conference Centre) in Toronto at 150 King Street West from 11:00am to 1:30pm EST.
Feb 05, 2018 06:30 am ET
Guyana Goldfields Inc. Reports Significant Mineralized Intercepts From Its First Ever Diamond Drill Programs at Iroma and Wynamu
TORONTO, Feb. 5, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to provide an update on its greenfield exploration activities including drill results from a combined 2,500 meters reconnaissance-style drill program at its Iroma and Wynamu prospects.
Jan 09, 2018 06:30 am ET
Guyana Goldfields Inc. Produces 160,500 Ounces of Gold in 2017, Finishing the Year with Its Strongest Quarter To Date
TORONTO, Jan. 9, 2018 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") is pleased to announce that gold produced for 2017 totalled 160,500 ounces at its Aurora Gold Mine ("Aurora") in Guyana, South America, achieving the lower end of production guidance for the year. The Company had a record fourth quarter with respect to ore tonnes mined, tonnes milled and gold produced. Gold recoveries also continue to trend favourably with gold recovery for the month of December of 92.6% representing the highest monthly recovery in the Company's history. Further details are provided in the table b
Dec 14, 2017 06:30 am ET
Guyana Goldfields Inc. Continues to Optimize the Aurora Gold Mine
TORONTO, Dec. 14, 2017 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GGI" or the "Company") is pleased to announce it plans to release an optimized mine plan for its Aurora Gold Mine in Q1 2018 which is expected to smooth the life-of-mine production and cost profiles allowing for consistent operating and financial results while reducing overall capital, operating costs and further improving cash flows.
Oct 31, 2017 08:30 am ET
Guyana Goldfields Inc. Reports Production of 41,000 ounces for Q3 2017 Generating US$50M in Revenues at a Cash Cost of US$595/oz
TORONTO, Oct. 31, 2017 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") reports its 2017 third quarter operational and financial results. All amounts are expressed in U.S. dollars unless otherwise stated. A conference call will be held this morning at 10:00 am ET to discuss the results and details of the call can be found at the end of the release.
Oct 05, 2017 10:17 pm ET
Guyana Goldfields Inc. Produces 41,000 oz Au in Q3 2017 and Has Record Month of September Production of 18,900 oz Au; Full Third Quarter Results Released October 31, 2017
TORONTO, Oct. 5, 2017 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to announce that gold production from mining operations totalled 41,000 ounces at its Aurora Gold Mine ("Aurora") in Guyana, South America for the third quarter ended September 30, 2017. The Company also achieved its record gold production month since the commencement of mining operations and poured 18,900 ounces in September. Gold production was as-expected for the quarter according to the 2017 mine plan and the Company is on track to meet the lower end of its annual production guidance of 160,000 – 1
Aug 10, 2017 05:38 pm ET
Guyana Goldfields Inc. Reports a Shift in Recovered Ounces to the Fourth Quarter; Full Year Production Guidance Maintained
TORONTO, Aug. 10, 2017 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") reported a small fire on its elution circuit boiler on the evening of Wednesday, August 9th. No injuries were sustained by employees and emergency response procedures were immediately initiated and the fire was quickly extinguished. Mill operations were suspended for 4 hours for safety precautions and to determine the cause of the fire. The mill is fully operational with the only impact being the inability to strip loaded carbon.
Jul 31, 2017 06:43 pm ET
Guyana Goldfields Inc. Reports Second Quarter 2017 Results and Maintains Production Guidance
TORONTO, July 31, 2017 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") reports its 2017 second quarter operational and financial results. All amounts are expressed in U.S. dollars unless otherwise stated. A conference call will be held tomorrow at 10:00 am ET to discuss the results and details of the call can be found at the end of the release.
Jun 27, 2017 02:47 pm ET
Guyana Goldfields Inc. To Release Second Quarter 2017 Results on July 31, 2017
TORONTO, June 27, 2017 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) announced today that it plans to release its second quarter 2017 operating and financial results after the market closes on Monday, July 31, 2017. A conference call will also be held Tuesday, August 1st at 10:00 am ET to discuss second quarter operating and financial results.
May 02, 2017 04:31 pm ET
Guyana Goldfields Inc. Announces Results of Shareholders' Meeting
TORONTO, May 2, 2017 /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 earlier today have been duly authorized and approved, as follows:
May 01, 2017 05:00 pm ET
Guyana Goldfields Inc. Reports First Quarter 2017 Results; Sold 40,700 oz Au Generating US$22.4M in Operating Cash Flow and Net Earnings of $0.06 Per Share
TORONTO, May 1, 2017 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") reports its 2017 first quarter operational and financial results. All amounts are expressed in U.S. dollars unless otherwise stated. A conference call will be held tomorrow, Tuesday, May 2 at 10:00 am ET to discuss first quarter results. The Company previously announced its first quarter gold production from mining operations results on April 11, 2017.
Apr 13, 2017 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the Quarterly Review of the S&P/TSX Composite Buyback and Shareholder Yield Indices
Apr 11, 2017 08:30 am ET
Guyana Goldfields Inc. Achieves Strong Production of 40,921 Ounces of Gold in the First Quarter of 2017
TORONTO, April 11, 2017 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company" or "GGI") is pleased to announce that gold production from mining operations totalled 40,921 ounces at its Aurora Gold Mine ("Aurora") in Guyana, South America for the first quarter ended Mar 31, 2017, which was in-line with annual production guidance of 160,000 – 180,000 ounces of gold for the year.
Apr 06, 2017 10:41 am ET
Guyana Goldfields Inc. To Release First Quarter 2017 Results on May 1, 2017
TORONTO, April 6, 2017 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) announced today that it plans to release its first quarter 2017 operating and financial results after the market closes on Monday, May 1, 2017. A conference call will also be held Tuesday, May 2nd at 10:00 am ET to discuss first quarter operating and financial results.
Mar 02, 2017 04:00 pm ET
Guyana Goldfields Inc. Aurora Gold Mine Continues to Achieve New Records and Produces 27,994 Ounces of Gold YTD 2017
TORONTO, March 2, 2017 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company" or "GGI") is pleased to announce that year to date ("YTD") gold production for 2017 mining operations totalled 27,994 ounces at its Aurora Gold Mine ("Aurora") in Guyana, South America.
Feb 23, 2017 04:41 pm ET
Guyana Goldfields Inc. Sells 156koz of Gold for 2016 and Ends the Year with Its Best Quarter Across All Operating and Cost Metrics
TORONTO, Feb. 23, 2017 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") reports its 2016 full year and fourth quarter operational and financial results. All amounts are expressed in U.S. dollars unless otherwise stated. A conference call will be held tomorrow, Friday, February 24th at 10:00 am ET to discuss 2016 full year and fourth quarter results. The Company previously announced its preliminary 2016 operational results and 2017 guidance on January 9, 2017.
Feb 09, 2017 04:14 pm ET
Guyana Goldfields Inc. To Release Fourth Quarter 2016 Results on February 23, 2017
TORONTO, Feb. 9, 2017 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) announced today that it plans to release its fourth quarter 2016 operating and financial results after the market closes on Thursday, February 23, 2017. A conference call will also be held Friday, February 24th at 10:00 am ET to discuss fourth quarter operating and financial results.
Feb 02, 2017 07:00 am ET
Guyana Goldfields Inc. Delivers Feasibility Study Showing Expanded Average Annual Production of 220koz and 15% Increased Reserves for the Aurora Gold Mine
TORONTO, Feb. 2, 2017 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("the Company") is pleased to report the key findings from its updated feasibility study on its 100% owned Aurora Gold Mine. The updated study assumes a gold price of US$1,200 per ounce resulting in increased reserves by 15% despite net depletion of 15 months of operations and reflects an expansion of the current processing facility from 5,600 tonnes per day ("tpd") to 8,000 tpd. The proposed expansion of the mill will be completed in two phases and will increase annual production to above 200,000 ounces beginning in 2018 for th
Jan 09, 2017 07:30 am ET
Guyana Goldfields Inc. Reports 156,000 Ounces of Gold Sold in 2016
TORONTO, Jan. 9, 2017 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") is pleased to announce that gold sold for 2016 totalled 156,000 ounces at its Aurora Gold Mine ("Aurora") in Guyana, South America, achieving its upwardly revised production guidance of 140,000 ounces to 160,000 ounces in its first year of commercial production. The Company had a record fourth quarter with respect to both tonnes mined and tonnes milled resulting in 45,500 ounces sold in the period. The month of December was particularly strong with 22,800 ounces sold, a record for the year. Further details are pro
Dec 21, 2016 07:30 am ET
Guyana Goldfields Inc. Successfully Completes Debt Restructuring
TORONTO, Dec. 21, 2016 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GGI" or "the Company") and its wholly owned subsidiary, AGM Inc., (together, the "Company") are pleased to announce the successful refinancing of its US$160 million debt facility (the "Facility") dated September 2, 2014 with a consortium of existing lenders composed of ING Capital LLC, The Bank of Nova Scotia (together the "Lead Arrangers"), and Export Development Canada (collectively the "Lenders").
Nov 10, 2016 05:54 pm ET
Guyana Goldfields Inc. Reports Third Quarter 2016 Results; Produced 34,400 Ounces of Gold With Cash Costs of $499/oz
TORONTO, Nov. 10, 2016 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") reports its operational and financial results for the third quarter of 2016. All amounts are expressed in U.S. dollars unless otherwise stated. A conference call will also be held tomorrow, Friday, November 11th at 10:00 am ET to discuss third quarter results.
Oct 03, 2016 08:30 am ET
Guyana Goldfields Inc. To Release Third Quarter 2016 Results on November 10, 2016
TORONTO, Oct. 3, 2016 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GGI" or the "Company") announced today that it plans to release its third quarter 2016 operating and financial results after the market closes on Thursday, November 10, 2016. A conference call will also be held Friday, November 11th at 10:00 am ET to discuss third quarter operating and financial results.
Sep 09, 2016 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the Quarterly Review of the S&P/TSX Composite Index
Aug 22, 2016 09:39 am ET
Guyana Goldfields Inc. Announces Closing of Over-Allotment Option
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Aug 18, 2016 05:42 pm ET
Guyana Goldfields Inc. Announces Exercise of Over-Allotment Option
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Aug 11, 2016 05:15 pm ET
Guyana Goldfields Inc. Reports Second Quarter 2016 Results; Sold 36,585 Ounces of Gold Generating $11.6M in Free Cash Flow and Net Earnings of $0.05 Per Share
TORONTO, Aug. 11, 2016 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GGI" or the "Company") reports its operational and financial results for the second quarter of 2016. All amounts are expressed in U.S. dollars unless otherwise stated. A conference call will also be held tomorrow, Friday, August 12th at 10:00 am ET to discuss second quarter results.
Jul 19, 2016 09:59 am ET
Guyana Goldfields Inc. Announces Closing of C$130 Million Offering
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
Jul 18, 2016 11:00 am ET
Guyana Goldfields Inc. To Release Second Quarter 2016 Results on August 11, 2016
TORONTO, July 18, 2016 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GGI" or the "Company") announced today that it plans to release its second quarter 2016 operating and financial results after the market closes on Thursday, August 11, 2016. A conference call will also be held Friday, August 12th at 10:00 am ET to discuss second quarter operating and financial results.
Jun 27, 2016 09:54 am ET
Guyana Goldfields Inc. Announces Increase to Previously Announced Bought Deal Financing to $130 Million Offering of Common Shares
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Guyana Goldfields Inc. (TSX:GUY) ("GGI" or the "Company") has announced today that, due to strong demand, it has increased the size of its...
Jun 27, 2016 07:35 am ET
Guyana Goldfields Inc. Announces C$110 Million Bought Deal Financing
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Guyana Goldfields Inc. (TSX:GUY) ("GGI" or the "Company") has announced today that it has entered into an agreement with a syndicate of underwriters led...
Jun 14, 2016 08:30 am ET
Guyana Goldfields Inc. Added to the S&P/TSX Composite Index and NYSE Arca Gold Miners Index
TORONTO, June 14, 2016 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GGI" or the "Company") is pleased to announce that it will be added to the S&P/TSX Composite Index and the NYSE Arca Gold Miners Index, effective after the close of trading on Friday, June 17, 2016. S&P Dow Jones Canadian Index Services announced this addition on June 10, 2016, following results of their quarterly review.
Jun 10, 2016 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the June 2016 Quarterly Review of the S&P/TSX Composite Index
May 09, 2016 08:00 pm ET
Guyana Goldfields Inc. Reports First Quarter 2016 Results; Sold 40,568 Ounces of Gold Generating $18M in Free Cash Flow
TORONTO, May 9, 2016 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GGI" or the "Company") reports its operational and financial results for the first quarter of 2016. All amounts are expressed in U.S. dollars unless otherwise stated. A conference call will also be held tomorrow, Tuesday, May 10th at 10:00 am ET to discuss first quarter results.
May 09, 2016 12:56 pm ET
Guyana Goldfields Inc. Announces Results of Shareholders' Meeting
TORONTO, May 9, 2016 /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 May 9, 2016, have been duly authorized and approved, as follows:
Apr 05, 2016 08:30 am ET
Guyana Goldfields Inc. Produces 41,281 Ounces In The First Quarter of 2016
TORONTO, April 5, 2016 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) ("GGI" or the "Company") is pleased to announce that mining operations for first quarter 2016 gold production totaled 41,281 ounces at its Aurora Gold Mine ("Aurora") in Guyana, South America.
Mar 15, 2016 09:00 am ET
CIO of Rosseau Asset Management Warren Irwin Interviewed by The Gold Report
The event-driven hedge fund Rosseau LP has beat its benchmark by over 50% since inception in 1998, and its founder and CIO Warren Irwin says it does so by going deep, looking at very specific events or situations that are special within industry...
Mar 10, 2016 06:07 pm ET
Guyana Goldfields Inc. Reports 2015 Year-End Results; Producing 35,901 oz of Gold of which 28,850 oz were Sold Generating $31M in Revenue and Earnings of $0.13 Per Share
TORONTO, March 10, 2016 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) ("GGI" or the "Company") announced today its financial results for the twelve months ended December 31, 2015 ("Fiscal 2015"). All amounts are expressed in U.S. dollars unless otherwise stated.
Feb 29, 2016 01:51 pm ET
Exploration Insights' Founder Brent Cook and Analyst Joe Mazumdar Interviewed by The Gold Report
Now that Exploration Insights founder Brent Cook is starting to see the bright side of the mining equity cycle, he brought in former Canaccord Genuity Analyst Joe Mazumdar to cover developers and producers at the newsletter. In this interview with...
Feb 25, 2016 10:03 am ET
Guyana Goldfields Inc. Produces 21,855 Ounces of Gold Year to Date in 2016 and is On Track to Meet Production Guidance
TORONTO, Feb. 25, 2016 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") is pleased to announce that gold production for the year to date mining operations in 2016 have totalled 21,855 ounces at its Aurora Gold Mine ("Aurora") in Guyana, South America.
Jan 18, 2016 07:30 am ET
Guyana Goldfields Inc. Updates Feasibility Study and Demonstrates Aurora as a Low-Cost Producer with Average LOM Production of 190koz/yr with an AISC of US$661/oz
TORONTO, Jan. 18, 2016 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to report the key findings from its feasibility study entitled "AGM Inc. Aurora Gold Project- Updated Feasibility Study" dated January 18, 2016 and effective September 30, 2015 (the "FS") for the 100% owned Aurora Gold Mine (the "Project"). The FS was authored by Metal Mining Consultants with contributions from SRK Consulting Inc. and others. The full FS is available on SEDAR at www.sedar.com and the Company's website at www.guygold.com.