Guyana Gold Corp. to Cancel 114,250,000 of Its Common Shares of the Company Stock

  
    
  
  
    
      Guyana Gold Corp. (OTC: GYGC-News) 
      is pleased to announce 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.
    
    
      For more information on the Company and its properties, please visit the 
      website at www.guyanagoldcorp.com.
    
    
      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.
    
    
      “Safe Harbor Statement”
    
    
      Investors are cautioned not to place undue reliance on such 
      forward-looking statements because they speak only of the Company’s 
      views as of the statement dates. Although the Company has attempted to 
      list the important factors that presently affect the Company’s 
      business and operating results, the Company further cautions investors 
      that other factors may in the future prove to be important in affecting 
      the Company’s results of operations. The 
      Company undertakes no obligation to publicly update or revise any 
      forward-looking statements, whether as a result of new information, 
      future events, or otherwise.