TORONTO—Guyana Goldfields Inc. shareholders are pushing for changes at the top after what they say is a disappointing run for the company’s performance and stock price. Guyana Goldfields Inc.’s investors say they want the meeting called to replace the board of directors in the latest of several recent shareholder actions in the mining industry. The dissident shareholders, including former executive chairman and founder Patrick Sheridan, Northfield Capital Corp., Robert Cudney, Donald Ross, and Gretchen Ross, together own about 5.4 per cent of the outstanding shares. They have also expressed dissatisfaction with management of the company’s gold mine in Guyana, including permitting and personnel issues. “The current board has made a series of seemingly irresponsible and misleading statements and generally questionable decisions that have put Guyana Goldfields’ share price into a freefall,” Sheridan said in a statement.

Source: thestar January 03, 2019 15:57 UTC