Guyana Precious Metals announces the grant of stock options

TORONTO, Nov. 8, 2011 /CNW/ - Guyana Precious Metals Inc. (TSX-V: GPM) (the "Company") announces that it has granted effective November 7, 2011 an aggregate of 1,550,000 options to a director and consultants of the Company with such options being exercisable until November 7, 2016 at an exercise price of $0.28.

About Guyana Precious Metals Inc.

GPM is a Canadian based exploration and development company. The Company  controls and holds the Peters Mine Property, Guyana and the Aremu Property, Guyana. GPM also controls and holds the Coppermine River Project, Nunavut Territory and the Rory Claims, Wellgreen Area, Yukon Territory, both projects in Canada.

Forward Looking Statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of GPM, including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of resource and reserve estimates, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE Guyana Precious Metals Inc.

For further information:

Guyana Precious Metals Inc.
Suite 1205
141 Adelaide Street West
Toronto, Ontario M5H 3L5
Attn: John Patrick Sheridan
Tel: (416) 628-5936
Fax: (416) 628-6835
E-mail: psheridan@guygold.com

Profil de l'entreprise

Guyana Precious Metals Inc.

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