Business
Guyana Precious Metals Inc. Announces Closing of Private Placement Financing to Raise $350,000
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ TO...
About this update from Gpm Metals Inc.
[{"type":"text","content":"\n\n\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n THE U.S./\n\n\nTORONTO, Sept. 13, 2012 /CNW/ - Guyana Precious Metals Inc. (TSX-V:GPM)\n (the \"Company\" or \"GPM\") is pleased to announce that it has closed its\n previously announced non-brokered private placement (the \"Offering\")\n pursuant to which it has issued an aggregate of 4,666,668 Common\n Shares(\"Shares\") at a price of $0.075 per Share, to raise aggregate\n gross proceeds of approximately $350,000.\n\n\nAll of the securities issued in connection with the Offering are subject\n to a statutory hold period expiring on January 14, 2013. The Offering\n remains subject to the final approval of the TSX Venture Exchange.\n\n\nAbout GPM\n\n\nGPM is led by an experienced management team with demonstrable project\n generation and development talents in Guyana. The Company is presently\n expanding the exploration and development of its Aremu and Peters Mine\n Properties; 2 of the 4 historical past gold producers in Guyana. GPM\n maintains an interest in acquiring additional key exploration and\n development properties in the country of Guyana.\n\n\nNEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER\n (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)\n ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.\n\n\nForward Looking Statements - Certain information set forth in this news\n release may contain forward-looking statements that involve substantial\n known and unknown risks and uncertainties. These forward-looking\n statements are subject to numerous risks and uncertainties, certain of\n which are beyond the control of the Company, including, but not limited\n to the impact of general economic conditions, industry conditions, and\n dependence upon regulatory approvals. Readers are cautioned that the\n assumptions used in the preparation of such information, although\n considered reasonable at the time of preparation, may prove to be\n imprecise and, as such, undue reliance should not be placed on\n forward-looking statements.\n\nSOURCE: Guyana Precious Metals Inc.\n\n\n Guyana Precious Metals Inc. Suite 1205 141 Adelaide Street West Toronto, Ontario M5H 3L5 Attn: John Patrick Sheridan Tel: (416) 628 5936 Fax: (416) 628 5935 Website: www.gpmgold.com E-mail: psheridan@gpmg...