Guyana Goldfields Inc. 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. . All amounts in this release are expressed in U.S. dollars unless [...]
Guyana Goldfields Inc. today announced that its board of directors , 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. on May 11, 2020 to acquire all of the issued and outstanding common shares of the Company for [...]
Guyana Goldfields Inc. acknowledges it has received an unsolicited proposal from Gran Colombia Gold Corp. 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, which was announced today by Gran Colombia, is [...]
Guyana Goldfields Inc. 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. and the Company's outlook for 2020. All amounts in this release are expressed in U.S. dollars unless [...]
Guyana Goldfields Inc. today provided an update with respect to the filing of its annual financial statements and related management's discussion and analysis for the year ended December 31, 2019 , as well as its annual information form in respect of the year ended December 31, 2019 , and compliance with the delivery requirements of applicable [...]
Guyana Goldfields Inc. announces the filing of amended and restated Management Discussion and Analysis for the first quarter ended March 30, 2019 and the third quarter ended September 30, 2019 . The Refiled MD&As amend and restate the Company's original Q1 MD&A and Q3 MD&A in order to correct certain quarterly operating statistics related to tonnes [...]
Guyana Goldfields Inc. 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 [...]
Guyana Goldfields today announced in accordance with Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements of the Ontario Securities Commission, 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 [...]
Guyana Goldfields Inc. today announced the results of an updated Mineral Resources and Mineral Reserves estimate and an updated life of mine plan on its 100% owned Aurora Gold Mine located in Guyana, South America. Summary?of R&R Update and LOM Plan : Estimated total gold contained in Proven and Probable Mineral Reserves of 2.24 million ounces and [...]
Guyana Goldfields Inc. 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 [...]
Guyana Goldfields Inc. 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 located in Guyana, South America. Open pit and processing plant operations are currently unaffected and are continuing as planned. Following the decision by [...]
Guyana Goldfields Inc. wishes to advise that Suresh Kalathil, the Company's Senior Vice President and Chief Operating Officer , has left the Company effective March 5, 2020. At this time, the Company does not plan on filling the COO position. Alan Pangbourne, President and CEO of the Company, said, "We thank Suresh for his contributions over the [...]
