Guyana Precious Metals announces that it will make an application to the TSXV to amend the terms of its Series 2010-I warrants in order to (i) extend the expiry date of such warrants to December 10, 2013; and (ii) amend the exercise price to $0.45 per share. An aggregate of 70,000,000 Series 2010-I warrants were originally issued in December 2010 (prior to giving effect to the two-for-one share consolidation of GPM on [...]
Mr. John Patrick Sheridan reports details of the commencement of the Peters Mine Property exploration program. Company geologists and technicians are currently on site and the exploration program is underway. The program is based on re-interpretation of data from the previous operator at the Mango Trend. Defined targets are being investigated with a sequence of 6 mechanized trenches of various lengths between 70m and [...]
Guyana Precious Metals announces that it has granted effective October 12, 2012 an aggregate of 2,250,000 options to directors and employees of the Company with such options being exercisable until October 12, 2015 at an exercise price of $0.17. The options vest as 25% immediately and 25% after 6, 12 and 18 months from date of grant.
Guyana Precious Metals is pleased to announce that it has closed its previously announced non-brokered private placement pursuant to which it has issued an aggregate of 4,666,668 Common Sharesat a price of $0.075 per Share, to raise aggregate gross proceeds of approximately $350,000. All of the securities issued in connection with the Offering are subject to a statutory hold period expiring on January 14, 2013. The [...]
Guyana Precious Metals is pleased to announce a non-brokered private placement of up to 4,666,667 common shares at a price of $0.075 per Share for gross proceeds of up to approximately $350,000. Insiders of Guyana, and their affiliates, are expected to subscribe for up to 666,667 of the Shares being distributed under the Placement.
Guyana Precious Metals is pleased to announce the appointment of Paul J. Murphy, B.Comm, as the new Chief Financial Officer (CFO). Mr. Patrick Sheridan, President and Chief Executive Officer states "Guyana Precious Metals is pleased to welcome Mr. Murphy to the Company. The addition of Mr. Murphy to our executive management team is a significant milestone in the corporate development of our Company as we grow our team."
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