Guyana Goldfields private placement.(discussions on with International Finance Corp.)(Brief Article)

0 Comments | Caribbean Update, February, 2006

GUYANA GOLDFIELDS PRIVATE PLACEMENT. Toronto-based Guyana Goldfields Inc. said Jan. 6 it is in discussions with the International Finance Corp. (IFC) regarding a $5,397,600 private placement through the sale of 1,730,000 units at a price of $3.12 per unit. The IFC, the private sector arm of the World Bank Group, promotes sustainable private sector investment in developing and transition countries, helping to reduce poverty and improve people's lives.

Details: Guyana Goldfields Inc. John Patrick Sheridan President & C.E.O. (416) 628-5936 Fax: (416) 628-5935. Email: psheridan@guygold.com. Web: www.guygold.com, and www.sedar.com and www.ifc.org

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