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Guyana Goldfields Inc (GUY.TO)

GUY.TO on Toronto Stock Exchange

8.40CAD
29 Jul 2016
Change (% chg)

$0.11 (+1.33%)
Prev Close
$8.29
Open
$8.32
Day's High
$8.52
Day's Low
$8.25
Volume
738,745
Avg. Vol
1,111,885
52-wk High
$10.35
52-wk Low
$2.48

Latest Key Developments (Source: Significant Developments)

Guyana Goldfields announces C$110 million bought deal financing
Monday, 27 Jun 2016 07:36am EDT 

Guyana Goldfields Inc : Guyana Goldfields Inc announces C$110 million bought deal financing . Guyana Goldfields Inc says company estimates that gold production through June 30, 2016 will total approximately 75,000 ounces at its Aurora Mine . Net proceeds of offering to be used to fund expansion of Aurora gold mine to increase capacity to 8,000 tonnes per day . Guyana Goldfields Inc says company is increasing its 2016 production guidance to 140,000 to 160,000 ounces . Says underwriters to buy on a bought deal basis by way of a short form prospectus, 10.7 million common shares from co . Guyana Goldfields says underwriters to buy on bought deal basis by way of a short form prospectus, 1 million common shares from Patrick Sheridan, founder . Guyana Goldfields Inc says entered into agreement with syndicate of underwriters led by BMO Capital Markets, Scotiabank and RBC Capital Markets .All-In sustaining cost (AISC) guidance for 2016 has been increased from US$637 to US$687 per ounce to US$670 to US$720 per ounce.  Full Article

Guyana Goldfields Inc Q1 shr $0.04
Monday, 9 May 2016 07:00pm EDT 

Guyana Goldfields Inc : Qtrly net earnings per share of $0.04 . Says believes it will achieve its production guidance for 2016 of approximately 130,000 to 150,000 ounces of gold .Guyana Goldfields Inc. Reports first quarter 2016 results; sold 40,568 ounces of gold generating $18m in free cash flow.  Full Article

Guyana Goldfields Inc reaffirms FY 2015, 2016 guidance
Tuesday, 4 Aug 2015 07:30am EDT 

Guyana Goldfields Inc:Says that it expects to produce between 30,000 ounces to 50,000 ounces of gold in FY 2015 depending on how quickly full ramp-up is achieved, and about 120,000 ounces to 140,000 ounces of gold in 2016.  Full Article

Guyana Goldfields Inc gives FY 2015, 2016 gold production guidance
Wednesday, 27 May 2015 07:30am EDT 

Guyana Goldfields Inc:Expects to produce between 30,000 ounces to 50,000 ounces of gold in FY 2015 and about 120,000 ounces to 140,000 ounces of gold in FY 2016.  Full Article

Guyana Goldfields Inc completes $185 mln project finance facility
Wednesday, 3 Sep 2014 07:30am EDT 

Guyana Goldfields Inc:Signs common terms agreement with International Finance Corporation, Export Development Canada, ING Capital LLC, Caterpillar Financial Services Corporation, and The Bank of Nova Scotia and other definitive documentation.Says respect to its previously announced credit approval for a $185 million project finance facility to fund development and construction of and general matters relating to, the 100 pct-owned Aurora Gold Project located in Guyana, South America.Says with completion of the Facility, the development of the Project is fully financed, subject to terms and conditions of the Facility.  Full Article

Guyana Goldfields announces change in financial year-end
Tuesday, 12 Aug 2014 07:30am EDT 

Guyana Goldfields Inc:Announce that, effective in 2014, its financial year-end will be changed from Oct. 31 to Dec. 31 to align GGI's financial reporting calendar with other public mining companies and to facilitate investment community's ability to compare its financial performance.GGI will report , one-time, fourteen month transition year covering the months of Nov. 2013 to Dec. 2014.Subsequent to transition year, Company's first full financial year will cover period Jan. 1, 2015 to Dec. 31, 2015.  Full Article

BRIEF-Guyana Goldfields announces increase to previously announced bought deal financing to $130 mln

* Guyana Goldfields Inc. announces increase to previously announced bought deal financing to $130 million offering of common shares