|Guyana Goldfields Inc - GUY.t flagship is the Aurora Gold Project in Guyana which achieved first gold production in August 2015. The Company has been operating in Guyana continuously since 1996.|
The Company expects 2016 production of between 130-150k ozs at AISC around $ 661 per oz.
On May 9, 2016 the company released News
Guyana Goldfields Inc. (TSX:GUY) (“Guyana”) is pleased to announce that it has closed the previously announced exercise of the over-allotment option by the underwriters and issued an additional 1,500,000 common shares at C$9.40 per share to raise additional aggregate gross proceeds of C$14,100,000. The common shares were sold pursuant to an underwriting agreement with a syndicate of underwriters led by BMO Capital Markets, Scotiabank and RBC Capital Markets and including Cormark Securities Inc. and TD Securities Inc.