Mr. John Patrick Sheridan reports GUYANA PRECIOUS METALS INC. ANNOUNCES CLOSING OF PRIVATE PLACEMENT FINANCING TO RAISE $350,000 Guyana Precious Metals Inc. has closed its previously announced non-brokered private placement pursuant to which it has issued an aggregate of 4,666,668 common shares at a price of 7.5 cents per share, to raise aggregate gross proceeds of approximately $350,000. All of the securities issued in connection with the offering are subject to a statutory hold period expiring on Jan. 14, 2013. The offering remains subject to the final approval of the TSX Venture Exchange. We seek Safe Harbor.