Guyana Gold Corp. Raising $500,000 for Operations in Guyana
May 13 2008 - 4:05PM
Business Wire
Guyana Gold Corp. (OTC:GYGC-News) is pleased to announce that it is
in the process of completing a non-brokered private placement,
subject to market and other conditions, of a $500,000 USD aggregate
principal amount of its common stock at $0.50 USD per share for a
total of 1,000,000 shares. The company does not anticipate paying a
finder�s fee in connection with this offering, which is expected to
close by mid-June 2008. The proceeds of this offering will be used
to fund the Company�s operations in Guyana, including, but not
limited to, the company's drilling and exploration program,
purchasing additional mining properties, entering into joint
ventures, increasing production, and sampling. 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.
Guyana Gold (PK) (USOTC:GYGC)
Historical Stock Chart
From Jul 2024 to Aug 2024
Guyana Gold (PK) (USOTC:GYGC)
Historical Stock Chart
From Aug 2023 to Aug 2024