TORONTO, June 27, 2012 /CNW/ - Guyana Precious Metals Inc. (TSX-V: GPM) (the "Company") announces that it has granted effective June 26, 2012 an aggregate of
250,000 options to a director of the Company with such options being
exercisable until June 26, 2017 at an exercise price of $0.10. The
options vest as 25% immediately and 25% after 6, 12 and 18 months from
date of grant.
GPM is led by an experienced management team with demonstrable project
generation and development talents in Guyana. The Company is presently
expanding the exploration and development of its Aremu and Peters Mine
Properties; 2 of the 4 historical past gold producers in Guyana. GPM
maintains an interest in acquiring additional key exploration and
development properties in the country of Guyana.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for this release
SOURCE Guyana Precious Metals Inc.
For further information:
Guyana Precious Metals Inc.
141 Adelaide Street West
Toronto, Ontario M5H 3L5
Attn: John Patrick Sheridan
Tel: (416) 628-5936
Fax: (416) 628-6835