Dallas, TX 6/23/2008 1:50:57 AM
News / Finance

OTCPicks.com Announces Initiation of Profile Coverage for Guyana Gold Corp.

Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of Guyana Gold Corp. (OTC: GYGC). Mr. Dean comments, "Guyana Gold Corp. recently announced an update on the process of the non-brokered private placement, that is subject to market and other conditions, of a $500,000 USD aggregate principal amount of its common stock at $0.50 USD per share for a total of 1,000,000 shares. The company had expected to close the entire funding by mid-June, but now will fund $250,000 USD by the end of June, and the remaining $250,000 USD by mid-July 2008.

 

To view the OTCPicks.com Company Profile for Guyana Gold Corp., please visit: http://www.otcpicks.com/guyana-gold/guyana-gold.htm

 

About Guyana Gold Corp.

 

Guyana Gold Corp. is a junior mineral exploration company that specializes in identifying, acquiring, and developing precious and base metal properties, as well as assessing whether certain claims possess exploitable commercial and precious mineral reserves. The Company’s objective is to develop a balanced global portfolio of early- to advanced-stage projects. Guyana is currently focused on gold projects in the Caribbean. In Guyana, the Company’s key mineral project is located in the region of Port Kaituma.

 

About OTCPicks.com

 

OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.

 

Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

 

Disclosure: OTCPicks.com is being compensated eight thousand dollars by a third party for GYGC advertising and promotional services.

 

OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.