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Article: Guyana Goldfields Inc. Announces Full Exercise of Share Purchase Warrants
- Article from:
- CCNMatthews Newswire
- Article date:
- January 10, 2005
CopyrightCopyright 2005 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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TORONTO, ONTARIO--(CCNMatthews - Jan. 10, 2005) - Guyana
Goldfields Inc. (TSX:GUY) announced today that all of its 1,666,669
outstanding share purchase warrants were exercised prior to their
expiry date of December 31, 2004, resulting in aggregate proceeds of
$3,333,338 to the Company. The expiry date of the share purchase
warrants was accelerated to 5:00 p.m. (Toronto time) on December 31,
2004 following the trading of the common shares of the Company on The
Toronto Stock Exchange at $2.50 or more for a period of 20
consecutive days, all pursuant to the share purchase warrant
agreement under which the warrants were created. The share purchase
warrants were originally issued on June 29, ...