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Guyana Goldfields Is Said to Explore Options Including Sale

  • Miner is working with RBC Capital and boutique firm Maxit
  • Guyana’s stock has lost more than half its value in past year
Updated on

Guyana Goldfields Inc., a miner that has lost more than half its value in the past year, is exploring options including a potential sale of the business, according to people familiar with the matter.

The Toronto-based company is working with advisers at Royal Bank of Canada and Maxit Capital, an independent financial adviser to mining companies, the people said, asking not to be identified as the matter is private. The deliberations are in early stages and may not result in a sale of the business, the people said.