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Guyana goldfields Inc.

Publié le 20 mai 2009

announces private placement increase

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Guyana Goldfields Inc. announces private placement increase




TORONTO, May 20 - Guyana Goldfields Inc. (TSX:GUY) ("Guyana" or the "Company") is pleased to announce that it has increased the size of its previously announced non-brokered private placement, such that Guyana now proposes to issue up to 6,200,000 units ("Units") at a price of $2.75 per Unit to raise aggregate gross proceeds of up to $17,050,000. All other terms of the offering remain the same as set forth in the previous press release of the Company dated May 15, 2009.


The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available.


About Guyana


Guyana Goldfields Inc. is a Canadian based mineral exploration company primarily focused on the exploration and development of gold deposits in Guyana, South America where the Company has operated since 1996. The Company is currently undertaking technical studies to advance and develop the Aurora Project in Guyana.


As previously announced, (see press release dated December 8, 2008 at www.sedar.com under the Guyana Goldfields Inc. profile, "Guyana Goldfields Announces Increased Resource at Aurora 3.69 Million Ounces Measured and Indicated and 1.72 Million Ounces Inferred"), the Aurora Gold Project contains a Measured resource of 8.08 million tonnes @ 4.11 g/t Au., an Indicated resource of 21.06 million tonnes @ 3.87 g/t Au. and an Inferred resource of 19.97 million tonnes @ 2.77 g/t Au. Mr. D. K. Mukhopadhyay, MAusIMM, Senior Mineral Resource Geologist of Micon International Co. Limited, reviewed and approved the technical data in his capacity of a Qualified Person under National Instrument 43-101. For further details, please refer to the technical report of Guyana dated November 23, 2007 entitled "Technical Report: A Mineral Resource Estimate For the Rory's Knoll, East Walcott and Aleck Hill Zones, Aurora Gold Property, Guyana" available on SEDAR at www.sedar.com.


Forward Looking Statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Guyana, including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of resource and reserve estimates, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.



For further information:

Guyana Goldfields Inc.

Claude F. Lemasson

President and Chief Operating Officer

Tel: (416) 628-5936

Fax: (416) 628-5935

E-mail: clemasson@guygold.com

Website: www.guygold.com



Guyana goldfields Inc.

ISIN : CA4035301080
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Guyana Goldfields est une société d’exploration minière d'or basée au Canada.

Guyana Goldfields détient divers projets d'exploration au Canada et en Guyana.

Son principal projet en développement est AURORA en Guyana et ses principaux projets en exploration sont LANGIS, KUGLUKTUK (FORMERLY COPPERMINE), ABITIBI BELT et COPPERMINE RIVER (CORONATION GULF) au Canada et PETER'S MINE, AREMU, ARANKA, POMEROON HEAD / FISH CREEK, OKO et SULPHUR ROSE en Guyana.

Guyana Goldfields est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 304,6 millions CA$ (224,1 millions US$, 198,4 millions €).

La valeur de son action a atteint son plus haut niveau récent le 18 mars 2011 à 9,99 CA$, et son plus bas niveau récent le 20 mars 2020 à 0,25 CA$.

Guyana Goldfields possède 171 150 000 actions en circulation.

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Financements de Guyana goldfields Inc.
12/03/2013closes private placement financing with IFC
04/04/2011Confirms Exercise of Warrants by IFC
20/05/2009announces private placement increase
15/05/2009Announces $12,050,000 Non-brokered Private Placement
Nominations de Guyana goldfields Inc.
23/12/2013Announces Changes to its Board of Directors
03/06/2013Continues to Strengthen Management and Hires New President A...
21/05/2013Strengthens Its Senior Management Team and Announces New Chi...
10/09/2012Announces Mr. Marcel F. DeGuire as President & Chief Ope...
07/06/2012Appoints Mr. Scott A. Caldwell To The Board of Directors
05/04/2010Appoints Mr. Paul Murphy as Executive VP, Finance and CFO
11/02/2010Appoints Vice President, Exploration and Provides Update
Projets de Guyana goldfields Inc.
16/09/2015Canadian company opens large-scale gold mine in Guyana
12/12/2014(Aurora)Inc: SAG Mill Arrives At Aurora Gold Project
09/06/2014(Aurora)Aurora Gold Project Fully Funded; Guyana Goldfields Secures ...
21/05/2014Australian company to open gold mine in Guyana
09/12/2013(Aurora)Approves US$238M Aurora Gold Project Spend; Selects EPC Cont...
17/10/2013(Aurora)Orders Long Lead Time Equipment and Provides Aurora Gold Pro...
09/09/2011(Aurora)Provides an Update on the Aurora Feasibility Study and Deep ...
06/05/2011(Aurora)Completes Successful Analyst Site Visit to the Aurora Gold P...
27/04/2011(Aurora)Agrees To Divest Non-Core Assets and Focuses on Immediate ...
28/02/2011(Aurora)Significantly Increases Mineral Resources and Grade at the ...
27/01/2011(Sulphur Rose)Announces Initial Metallurgical Testing for Sulphur Rose Ret...
24/08/2010(Aurora)announces new additions to the Aurora gold project team
04/08/2010(Aurora)Hires Key Members of the Project Team to Advance the Feasibi...
21/06/2010extends high grade gold zones at Sulphur Rose
06/04/2010(Aranka)Intercepts More Significant High Grades at Sulphur Rose
15/03/2010(Aurora)Hires Key Members Of The Project Team
04/03/2010(Aranka)Announces New Discovery At Aranka
20/10/2009(Aranka)Property Acquisition and Drilling of New Target Areas at Ara...
24/08/2009(Aurora)reports Robust Projected Economics from Preliminary Assessme...
08/12/2008(Aurora)Announces Increased Resource at Aurora 3.69 Million Ounces M...
12/08/2008(Aurora)Preliminary Assessment Report Positive for Aurora Project
25/04/2008(Aurora)Aurora Exploration Update
Communiqués de Presse de Guyana goldfields Inc.
01/08/2017Reports Second Quarter 2017 Results and Maintains Production...
27/06/2016Guyana Goldfields Inc. Announces Increase To Prevously Annou...
27/06/2016Guyana Goldfields Inc. Announces C$110 Million Bought Deal F...
14/06/2016Guyana Goldfields Inc. Added to the S&P/TSX Composite Index ...
09/05/2016Guyana Goldfields Inc. Reports First Quarter 2016 Results; S...
09/05/2016Guyana Goldfields Inc. Announces Results of Shareholders’ Me...
14/01/2016Guyana Goldfields Inc. Updates Mineral Reserves at US$1,000/...
05/01/2016Guyana Goldfields Inc. Produces 35,901 Ounces of Gold in 201...
29/10/2015Guyana Goldfields Inc. Announces First Gold Sale at Its Auro...
23/10/2015Canada's Guyana Goldfields says notified of possible Venezue...
23/10/2015Guyana Goldfields Inc. Comments on Venezuela Border Dispute
05/10/2015Guyana Goldfields Inc. Announces Scheduled Departure of Chie...
21/09/2015Guyana Goldfields Inc. Announces Aurora Gold Mine is Mechani...
17/09/2015Guyana Goldfields Inc. Announces Inclusion in the S&P/TSX Gl...
21/08/2015Guyana Goldfields Inc. Files Amended and Restated AIF
04/08/2015Guyana Goldfields Inc. Pours First Gold at its Aurora Gold M...
12/12/2014Guyana Goldfields Inc: SAG Mill Arrives At Aurora Gold Proje...
05/12/2014Guyana Goldfields Inc. Receives Outstanding Achievement Awar...
05/12/2014Receives Outstanding Achievement Award
20/10/2014Guyana Goldfields Achieves Financial Close and First Drawdow...
20/10/2014Achieves Financial Close and First Drawdown of the US$185 Mi...
03/09/2014Guyana Goldfields Completes US$185 Million Project Finance F...
12/08/2014Guyana Goldfields Announces Change in Financial Year-End
12/08/2014Announces Change in Financial Year-End
27/06/2014Guyana Goldfields Announces Closing of Private Placement to ...
27/06/2014Announces Closing of Private Placement to Raise $44.4 Millio...
13/06/2014S&P Dow Jones Indices Announces Changes to the S&P/TSX Canad...
11/06/2014Guyana Goldfields Announces Fully Subscribed Private Placeme...
09/06/2014Aurora Gold Project Fully Funded; Guyana Goldfields Secures ...
28/04/2014announces results of Annual Shareholders' Meeting
28/04/2014Guyana Goldfields Inc. announces results of Annual Sharehold...
16/12/2013on BNN Tomorrow!
05/11/2013Signs Mandate Letter for US$165 Million Debt Facility with t...
26/04/2013announces results of shareholders' meeting
09/04/2013Adopts Advance Notice By-Law
22/02/2013Announces Closing of C$100 Million Offering
30/01/2013(Aurora)Announces Filing of NI 43-101 Technical Report for the Auror...
11/01/2013Announces Updated Feasibility Study with $800 Million NPV an...
14/10/2011BNN Interview Link
13/10/2011to air on BNN Friday, October 14th
05/10/2011Signs Memorandum of Understanding for the Mineral Agreem...
02/05/2011(Sulphur Rose)Confirms and Extends to Depth Gold Mineralization at Sul...
07/03/2011Archer Petroleum Closes Purchase and Sale Agreement on Matag...
19/03/2010to be Included in S&P/TSX Global Mining Index and Global Gol...
18/02/2010Announces Exercise of Over-Allotment Option
25/01/2010Announces Closing of $69,500,000 Offering
15/01/2010Announces Signing of Underwriting Agreement and Pricing of O...
11/01/2010Announces Filing of Short Form Preliminary Prospectus
19/10/2009Initial Coverage by J.Taylor's Energy, Gold & Tech Stocks
09/10/2009Discovers a New Mineralized Zone
30/09/2009to be Featured on CEO Clips Airing on BNN and Audio Recordin...
09/09/2009Completes Successful Analyst Site Visit and Provides Marketi...
21/08/2009Normal Course Issuer Bid
17/07/2009Wits Gold Outlines Uranium-gold Resources in the Beisa North...
10/06/2009Announces Closing of Second Tranche of Offering
22/01/2008Aurora Exploration Update - 190m @ 5.09 g/t Au
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