GYGC
News:
June 30 - Guyana Gold Corp. to Cancel 114,250,000 of Its Common Shares of the Company Stock
Guyana's Cancellation Will Reduce the Outstanding Shares from 165,038,947 to 50,788,947
Guyana Gold Corp. (OTC: GYGC) announced that a decision has been made to cancel 114,250,000 common shares. This cancellation will reduce the company's outstanding shares from 165,038,947 to 50,788,947, which represents approximately 70% of the issued and outstanding shares.
Eduard Aronov, President of Guyana Gold Corp., commented that, "This action to reduce the company's issued and outstanding shares shows the great commitment level management has for its shareholders and to the future growth of the company." Additionally he noted, “I am confident that our future revenue stream will continue to produce results that our shareholders have come to expect. These things, combined with other exciting events we see in the very near future, should make the next couple of years very exciting for Guyana Gold Corp.”
Further details will be released as they become available.
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