Zijin Mining Group and Guyana Goldfields are pleased to announce the completion of the previously announced statutory plan of arrangement under the Canada Business Corporations Act involving Guyana, Zijin and 12049163 Canada Inc., an indirect wholly-owned subsidiary of Zijin, following receipt of all required regulatory approvals and satisfaction [...]
Guyana Goldfields Inc. today announced that a hearing was held on August 14, 2020 to obtain a final order of the Ontario Superior Court of Justice approving the previously announced statutory plan of arrangement under the Canada Business Corporations Act involving the Company and Zijin Mining Group Co. Ltd.. Pursuant to the Arrangement, a [...]
Guyana Goldfields Inc. is pleased to announce that Zijin Mining Group Co. Ltd.. has notified the Company that it has received the remaining required Chinese regulatory approvals, namely approvals from the National Development and Reform Commission of China and the State Administration of Foreign Exchange of the People's Republic of China, with [...]
Guyana Goldfields 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. This release should be read in conjunction with [...]
Guyana Goldfields is pleased to announce the voting results of its annual and special meeting of holders of common shares held on July 27, 2020. At the Meeting, Shareholders approved a special resolution in respect of a statutory plan of arrangement under the Canada Business Corporations Act pursuant to which a wholly-owned subsidiary of Zijin [...]
Guyana Goldfields Inc. is pleased to announce that Institutional Shareholder Services and Glass Lewis & Co. have recommended that shareholders of Guyana Goldfields vote FOR the proposed transaction with Zijin Mining Group Co. Ltd.. . ISS and Glass Lewis are two leading independent proxy advisory firms, providing voting recommendations to some of [...]
Guyana Goldfields Inc. 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. Gold production for the second quarter totaled 28,500 ounces, bringing [...]
Guyana Goldfields Inc. announced today that it has mailed its management information circular and related materials in connection with the annual and special meeting of shareholders 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 and Guyana Goldfields Inc. are pleased to announce that they have entered into a binding arrangement agreement, pursuant to which Zijin will acquire all of the outstanding common shares of Guyana Goldfields by way of a plan of arrangement, for cash consideration of C$1.85 for each Guyana Common Share, valuing Guyana Goldfields at [...]
Guyana Goldfields announces that it has received notice from Silvercorp Metals Inc. that Silvercorp will not exercise its right to match the offer received from a foreign-based multinational mining company, 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 at a [...]
Guyana Goldfields 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 [...]
Guyana Goldfields announces that it has received a binding proposal from a foreign-based multinational mining company for the acquisition of all of the issued and outstanding common shares of the Company not already owned by the New Offeror by way of a plan of arrangement. The Board of Directors of the Company has unanimously determined, after [...]
