Mr. Warren Stanyer reports

GUYANA FRONTIER ANNOUNCES WARRANTS EXERCISE

Guyana Frontier Mining Corp. warrantholder Mulgravian Ventures Corp., a non-arm's-length private B.C. company, has exercised common share purchase warrants to acquire 312,500 common shares of Guyana Frontier at a price of $1.60 per share, for gross proceeds to Guyana Frontier of $500,000. The warrants were issued as part of the $500,000 non-brokered private placement previously announced in Guyana Frontier news releases dated Dec. 30, 2009, and April 6, 2010.

The exercise of the warrants was also one of the option exercise requirements in respect of Mulgravian's option to acquire a 51-per-cent joint venture interest in Guyana Frontier's Sardine Hill property.

We seek Safe Harbor.