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BRIEF-Guyana Goldfields says Restructuring Guyana Country Office

Published 2019-01-30, 02:15 p/m
© Reuters.  BRIEF-Guyana Goldfields says Restructuring Guyana Country Office
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Jan 30 (Reuters) - Guyana Goldfields Inc GUY.TO :

* GUYANA GOLDFIELDS INC. STRENGTHENS PRESENCE IN GUYANA, RESTRUCTURES COUNTRY OFFICE

* GUYANA GOLDFIELDS INC - AS PART OF RESTRUCTURING, COMPANY HAS REDUCED ITS EXPATRIATE WORKFORCE BY 14, REPRESENTING APPROXIMATELY 30% OF TOTAL EXPATRIATE STAFF

* GUYANA GOLDFIELDS INC - ALL OF GUYANA GOLDFIELDS' AND AURORA GOLD MINE'S ACTIVITIES IN GEORGETOWN WILL BE MANAGED OUT OF A SINGLE OFFICE IN COUNTRY

* GUYANA GOLDFIELDS INC - GUYANA COUNTRY MANAGER VIOLET SMITH IS LEAVING COMPANY, AS HER POSITION HAS BECOME REDUNDANT

* GUYANA GOLDFIELDS INC - INTENDS TO RESUME ITS GREENFIELDS EXPLORATION IN FIRST HALF OF 2019

* GUYANA GOLDFIELDS INC - SECOND OFFICE IN GUYANA LOCATED AT NORTH ROAD WILL BE CLOSED EFFECTIVE IMMEDIATELY

* GUYANA GOLDFIELDS INC - H2 2018 DECISION TO REFOCUS EXPLORATION EFFORTS RESULTED IN NET REDUCTION IN TOTAL EXPLORATION TEAM OF 45 EMPLOYEES

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