Edition:
India

Guyana Goldfields Inc Announces Receipt Of Superior Proposal


Thursday, 4 Jun 2020 

June 3 (Reuters) - Guyana Goldfields Inc ::GUYANA GOLDFIELDS INC. ANNOUNCES RECEIPT OF SUPERIOR PROPOSAL.GUYANA GOLDFIELDS INC - SHAREHOLDERS WOULD RECEIVE CASH CONSIDERATION OF C$1.85 FOR EACH COMMON SHARE UNDER NEW OFFER.GUYANA GOLDFIELDS INC - NEW OFFER VALUES GUYANA GOLDFIELDS AT APPROXIMATELY C$323 MILLION.GUYANA GOLDFIELDS INC - NEW OFFEROR HAS ALSO AGREED TO PROVIDE CO WITH A US$30 MILLION SECURED LOAN FACILITY.