Guyana Goldfields Inc. 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. René Marion, Non-Executive [...]
Guyana Goldfields Inc. 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: financial statements of the Company for the fiscal year ended December 31, 2018; election of directors; appointment of PricewaterhouseCoopers [...]
Guyana Goldfields Inc. today announced that it has filed a Management Information Circular Supplement and a WHITE form of proxy in respect of the upcoming Annual and Special Meeting of the Company's shareholders . The Supplemental Proxy Materials, which can be found on SEDAR and the Company's website , are being mailed to the Company's [...]
Hole MKD 187 Cuts 301.4 metres grading 6.11 g/t from 14.1 metres downhole Guyana Goldfields Inc. is pleased to announce the results of hole MKD 187 drilled into the central mineralized zone at the Mad Kiss satellite deposit at the Aurora Gold Mine , located in Guyana, South America. The purpose of the hole was to confirm the distribution and [...]
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 Issued updated Mineral Resource and Mineral Reserve estimates, and life of mine plan for the Aurora [...]
Guyana Goldfields Inc. 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 . As part of the settlement, the Company will appoint two experienced mining executives, Alan Pangbourne and [...]
Guyana Goldfields Inc. 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 . "Mr. Sheridan's allegations are plainly untrue and his [...]
Patrick Sheridan, one of the Concerned Shareholders of Guyana Goldfields holding no less than 5% of the outstanding shares of Guyana Goldfields Inc. , has sent a letter dated April 10, 2019 to the Company’s board of directors urging them to commence a claim against CEO Scott Caldwell for a series of disturbing allegations of misconduct at the [...]
Guyana Goldfields Inc. today announced that it has filed a Letter to Shareholders together with its Management Information Circular and a GOLD form of proxy in respect of the upcoming Annual and Special Meeting of the Company's shareholders . The Proxy Materials, which can be found on SEDAR and the Company's website , are being mailed to the [...]
Guyana Goldfields Inc. 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 [...]
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 completion of the Phase 3 pit at Rory's Knoll. Record [...]
Guyana Goldfields Inc. 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 . Patrick Sheridan, spokesperson for the Sheridan Dissidents, was terminated as Executive Chair of the Company on July 30, 2018. A material portion of the reserves did [...]