Thursday, December 29, 2016

Guyana Goldfields Inc - GUY.t

Guyana Goldfields Inc - GUY.t flagship is the Aurora Gold Project in Guyana which achieved first gold production in August 2015. The Company has been operating in Guyana continuously since 1996.

The Company expects 2016 production of between 130-150k ozs at AISC around $ 661 per oz.

On December 21, 2016 the company released News

Guyana Goldfields Inc. (TSX: GUY) (“GGI” or “the Company”) and its wholly owned subsidiary, AGM Inc., (together, the “Company”) are pleased to announce the successful refinancing of its US$160 million debt facility (the “Facility”) dated September 2, 2014 with a consortium of existing lenders composed of ING Capital LLC, The Bank of Nova Scotia (together the “Lead Arrangers”), and Export Development Canada (collectively the “Lenders”).