Guyana Frontier Announces Private Placement

- July 29th, 2011

Guyana Frontier Mining Corp. (CVE:GYG) reports that it will complete a non-brokered private placement.

Guyana Frontier Mining Corp. (TSXV:GYG) reports that it will complete a non-brokered private placement.

 

The press release is quoted as saying:

Each Unit will be comprised of one common share of Guyana Frontier and one common share purchase warrant (a “Warrant”). Each Warrant will be exercisable to acquire one additional common share of Guyana Frontier at an exercise price of $0.40 per share, at any time for a one year period following issuance.The Private Placement will be closed in tranches, with the first tranche (the “First Tranche”), consisting of the issuance of an aggregate of 3,611,981 Units to raise gross proceeds of $902,995, being closed today.

Click here to access the entire news release.

Click here to access Guyana Frontier’s company profile.(TSXV:GYG)

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