Guyana Precious Metals announces the grant of stock options

    




 TORONTO, Oct. 12, 2012 /CNW/ -Guyana Precious Metals Inc.   (the "Company") announces that it has granted effective October 12, 2012 an aggregate  of 2,250,000 options to directors and employees of the Company with  such options being exercisable until October 12, 2015 at an exercise  price of $0.17. The options vest as 25% immediately and 25% after 6, 12  and 18 months from date of grant. 

 About GPM 

 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; two of the four 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 

Guyana Precious Metals Inc.


CONTACT:  Guyana Precious Metals Inc.Suite 1205141 Adelaide Street WestToronto, Ontario M5H 3L5Attn: John Patrick SheridanTel: [phone]Fax: [phone]E-mail: [e-mail] 


    

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