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BRIEF-Guyana Goldfields Inc Sets Annual And Special Meeting And Provides Initial Comments On Sheridan Dissidents' Requisition

Published 2019-01-22, 07:20 a/m
© Reuters.  BRIEF-Guyana Goldfields Inc Sets Annual And Special Meeting And Provides Initial Comments On Sheridan Dissidents' Requisition
GUY
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Jan 22 (Reuters) - Guyana Goldfields Inc GUY.TO :

* GUYANA GOLDFIELDS INC. SETS ANNUAL AND SPECIAL MEETING AND PROVIDES INITIAL COMMENTS ON SHERIDAN DISSIDENTS' REQUISITION

* GUYANA GOLDFIELDS INC - SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS HAS BEEN FORMED REGARDING SHERIDAN DISSIDENTS

* GUYANA GOLDFIELDS INC - ALAN FERRY HAS DECIDED TO RESIGN AS A DIRECTOR TO ALLOW FOR BOARD REFRESHMENT

* GUYANA GOLDFIELDS INC - AFTER TERMINATING SHERIDAN, BOARD IMPLEMENTED SINGLE CHANNEL REPORTING TO PRESIDENT AND CEO

* GUYANA GOLDFIELDS INC - FOLLOWING SHERIDAN'S TERMINATION BOARD ALSO APPOINTED AN INDEPENDENT, NON-EXECUTIVE CHAIRMAN

* GUYANA GOLDFIELDS INC - MAINTAINS A STRONG BALANCE SHEET WITH AN UNAUDITED CASH BALANCE OF US$82 MILLION AT DECEMBER 31, 2018

* GUYANA GOLDFIELDS INC - AT DECEMBER 31, 2018 TOTAL DEBT BALANCE OF JUST US$40 MILLION

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