Guyana Gold Corp. Initiates Process of Listing on the Frankfurt Stock Exchange
May 12 2008 - 8:45AM
Business Wire
Guyana Gold Corp. (OTC: GYGC-News) is pleased to announce that it
has initiated the process of co-listing the company's shares on the
Frankfurt Stock Exchange. The process is expected to take
approximately 2-3 weeks. There are a substantial number of junior
resource and energy companies in North America that have chosen to
co-list their companies on the Frankfurt Exchange to help increase
their exposure and accelerate their business plans and Guyana Gold
Corp�s management believes it may garner similar attention. Guyana
Gold Corp. President Eduard Aronov, said, "The Frankfurt Exchange
should have a major impact on the company's ability to raise
capital and to gain new institutional and private shareholders. In
our opinion, the European market has a large appetite for the North
American junior resource companies and we feel that the time is
right to expand into this market." The Frankfurt Stock Exchange:
The FWB Frankfurter Wertpapierborse is the world�s third largest
organized Exchange-trading market in terms of turnover and dealings
in securities. It accounts for more than 75 percent of the total
securities turnover in Germany and is therefore the most important
of the eight German stock exchanges. The public guarantor of the
FWB is the Deutsche B�rse AG whose duty it is to ensure the full
viability of trading in securities. With the support of
state-of-the-art computer-based trading, processing and information
systems the Frankfurt Stock Exchange has been able to keep pace
with the ever-increasing demands of the international stock market
business. There is a full spectrum of computerized security trading
available through Xetra(R) in addition to the traditional floor
trading. Xetra(R) was established in November 1997 and has enabled
the FWB to consolidate its existing competitive edge and create an
attractive framework for international investors and market
participants. The cosmopolitan atmosphere Frankfurt enjoys is
demonstrated in the membership structure of the stock market where
more than 70 foreign banks and financial service companies are
counted among the total of more than 330 members. For more
information on the Company and its properties, please visit the
website at www.guyanagoldcorp.com About Guyana Gold Corp. Guyana
Gold Corp.�is a junior mineral exploration company that specializes
in identifying, acquiring and developing precious and base metal
properties as well as assessing whether certain claims possess
exploitable commercial and precious mineral reserves. The Company�s
objective is to develop a balanced global portfolio of
early-to-advanced stage projects. Guyana is currently focused on
gold projects in the Caribbean. In Guyana, the Company�s key
mineral project is�located in the region of Port Kaituma. Safe
Harbor Statement� FORWARD LOOKING STATEMENTS This Information and
Disclosure Statement contains various �forward-looking statements�
within the meaning of Section 27A of the Securities Act of 1933 as
amended and Section 21E of the Securities Exchange Act of 1934 as
amended. Forward-looking statements represent the Company�s
expectations or beliefs concerning future events. The words
believe, expect, anticipate, intend, estimate, project and similar
expressions are intended to identify forward-looking statements.
The Company cautions that these statements are further qualified by
important factors that could cause actual results to differ
materially from those in the forward-looking statements, including
without limitations the factors described in this Information and
Disclosure Statement. Investors are cautioned not to place undue
reliance on such forward-looking statements because they speak only
of the Company�s views as of the statement dates. Although the
Company has attempted to list the important factors that presently
affect the Company�s business and operating results, the Company
further cautions investors that other factors may in the future
prove to be important in affecting the Company�s results of
operations. The Company undertakes no obligation to publicly update
or revise any forward-looking statements, whether as a result of
new information, future events, or otherwise.
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