TORONTO, April 29 /CNW/ -- TORONTO, April 29 /CNW/ - Guyana Precious Metals Inc. (TSX-V: GPM) (the "Company") announces that it has granted effective April 28, 2011 an aggregate of 500,000 options to a director of the Company with such options being exercisable until April 28, 2016 at an exercise price of $0.24. The options vest as 25% immediately and 25% after 6, 12 and 18 months from date of grant. Guyana Precious Metals Inc. is a Canadian based exploration and development company focusing on acquiring gold properties in the Guiana Shield as described in the press release dated April 26, 2011. The Company presently controls and holds the Coppermine River Project, Nunavut Territory, Canada and the Rory Claims, Yukon Territory, Canada. Both of these projects are described as Copper-Nickel-Platinum-Palladium prospects. The TSX Venture Exchange has not reviewed and does not accept responsibility for this release To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/April2011/29/c8008.html p Guyana Precious Metals Inc.br/ Suite 1205br/ 141 Adelaide Street Westbr/ Toronto, Ontario M5H 3L5br/ Attn: John Patrick Sheridanbr/ Tel: (416) 628-5936br/ Fax: (416) 628-6835br/ E-mail: a href="mailto:psheridan@guygold.com"psheridan@guygold.com/a /p

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