Inactive Instrument

Guyana Goldfields Inc.

Equities

GUY

CA4035301080

Guyana Goldfields Receives an Acquisition Proposal from Gran Colombia

May 11, 2020 at 12:00 am EDT

On May 11, 2020, Guyana Goldfields Inc. announced that it has received an unsolicited proposal from Gran Colombia Gold Corp. to acquire all of the issued and outstanding common shares of the Company at a share exchange ratio of 0.142 Gran Colombia shares for each the Company. The Company stated that Gran Colombia proposal, is conditional upon the completion of Gran Colombia's proposed concurrent acquisition of Gold X Mining Corp.

Latest news about Guyana Goldfields Inc.

Shandong Gold Mining : Hostility to Beijing drives Chinese gold diggers into new territory	21-03-04	RE
Guyana Goldfields Inc.(TSX:GUY) dropped from S&P Global BMI Index	20-08-28	CI
Zijin Mining Group Company Limited completed the acquisition of Guyana Goldfields Inc. from Silvercorp Metals Inc. and others.	20-08-24	CI
Guyana Goldfields Inc. Announces Production Results for the Second Quarter and Six Months Ended June 30, 2020	20-07-28	CI
Guyana Goldfields Inc. Announces Earnings Results for the Second Quarter Ended June 30, 2020	20-07-28	CI
Transcript : Guyana Goldfields Inc. - Shareholder/Analyst Call	20-07-27
Guyana Goldfields Inc. Reports Production Results for First Half 2020	20-07-08	CI
Recent flurry of M&A by China's big miners	20-07-05	RE
Guyana Goldfields : China's Zijin Mining to buy Guyana Goldfields for $238 million	20-06-12	RE
Zijin Mining : to Buy Guyana Goldfields for $237 Million	20-06-12	DJ
Silvercorp Metals Inc. cancelled the acquisition of Guyana Goldfields Inc..	20-06-09	CI
Guyana Goldfields Inc. Announces Cessation of Mining and Beginning of Planned Care and Maintenance	20-06-09	CI
Zijin Mining Group Company Limited made a binding proposal to acquire Guyana Goldfields Inc. from Silvercorp Metals Inc. and others for approximately CAD 320 million.	20-06-02	CI
Gold M&A back on the agenda as coronavirus restrictions ease	20-05-29	RE
Guyana Goldfields Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020	20-05-28	CI
Guyana Goldfields Rejects Gran Colombia Acquisition Proposal	20-05-13	CI
Gran Colombia Gold Corp. terminated the acquisition of remaining 95% stake in Guyana Goldfields Inc..	20-05-12	CI
Guyana Goldfields Receives an Acquisition Proposal from Gran Colombia	20-05-11	CI
Gran Colombia Gold Corp. proposed to acquire remaining 95% stake in Guyana Goldfields Inc. for approximately CAD 150 million.	20-05-10	CI
Guyana Goldfields Inc. Reports Production and Earnings Results for the Fourth Quarter and Full Year of 2019; Provides Production Guidance for the Year 2020; Reports Impairment Charge for the Fourth Quarter of 2019	20-05-07	CI
Guyana Goldfields Inc. Auditor Raises 'Going Concern' Doubt	20-05-06	CI
Guyana Goldfields Inc. Reports Production Results At Aurora Mine for the First Quarter of 2020	20-04-29	CI
Transcript : Guyana Goldfields Inc., Silvercorp Metals Inc. - M&A Call	20-04-27
Silvercorp Metals Inc. entered into a definitive agreement to acquire Guyana Goldfields Inc. for approximately CAD 230 million.	20-04-26	CI
Guyana Goldfields Inc. Announces Restated Production Results for the First Quarter Ended March 31, 2019, Third Quarter and Nine Months Ended September 30, 2019	20-04-17	CI

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Company Profile

Guyana Goldfields Inc. (Guyana Goldfields) is a Canada-based mineral development and exploration company primarily focused on the acquisition, exploration and development of gold deposits in Guyana, South America. The Company's Aurora Gold Mine is an operating gold mine project, which is located in Guyana. The Company owns approximately 100% interest in the Aurora Project, which has total proven and probable reserves of approximately 3.04 million ounces of gold. The Company also holds an interest in a land package located in the Aranka district of Guyana approximately 30 kilometers northeast of the Aurora Gold Mine, known as the Aranka Properties, which consist of a number of separate properties, including Sulphur Rose. Within an area located northeast from the Aurora Gold Mine, the Company also holds an interest in certain additional properties known as the Other Properties. The Company's subsidiaries include Aranka Gold Inc. and AGM Inc.

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