Guyana Goldfields Inc.: Announces Results of Shareholders' Meeting

TORONTO, May 9, 2016 - Guyana Goldfields Inc. (TSX:GUY) (the "Company" or "GGI") is pleased to announce that all matters presented for approval at GGI's annual meeting of shareholders held on May 9, 2016, have been duly authorized and approved, as follows:

(i)	election of all management nominees to the board of directors of the Company;
(ii)	appointment of PricewaterhouseCoopers LLP as auditors of the Company for the ensuing year and authorization of the directors to fix their remuneration;

Detailed voting results for the election of directors were as follows:

Name	Shares Voted For	Shares Withheld
J. Patrick Sheridan	99,457,593	431,396
Michael Richings	99,815,233	73,756
Scott Caldwell	99,474,163	414,826
Jean-Pierre Chauvin	99,798,304	90,685
Alan Ferry	99,421,204	467,785
Daniel Noone	99,397,463	491,526
Rene Marion	99,758,004	130,985
David Beatty	99,814,063	74,926
Wendy Kei	99,858,170	30,819

About Guyana Goldfields Inc.

Guyana Goldfields Inc. is a Canadian based mid-tier gold producer primarily focused on the exploration, development and operation of gold deposits in Guyana, South America. The 100%-owned Aurora Gold Mine achieved commercial production January 1, 2016 and has a total gold resource of 6.54 million ounces in the measured and indicated categories (62.83 million tonnes at 3.24 g/t Au) as well as an additional 1.82 million ounces in the inferred category (16.93 million tonnes at 3.34 g/t Au).  For further details, please refer to the report entitled "AGM Inc. Aurora Gold Project- Updated Feasibility Study" dated January 18, 2016 available on SEDAR at www.sedar.com.



Contact

Guyana Goldfields Inc.
Scott A. Caldwell, President and Chief Executive Officer
Jacqueline Wagenaar, Vice President, Investor Relations & Corporate Communications
Tel: (416) 628-5936 Ext. 2295
Fax: (416) 628-5935
E-mail: jwagenaar@guygold.com
Website: www.guygold.com