Depalladation of the monoalkyne-inserted cyclopalladated guanidines [κ 2 (C,N)Pd(2,6-Me 2 C 5 H 3 N)Br] (I and II) in PhCl under reflux conditions and that of the dialkyne-inserted cyclopalladated guanidine [κ 2 (C,N):η 2 (CC)PdBr] (III) in pyridine under reflux conditions afforded a guanidine-containing indole (1), imidazoindole (2), and benzazepine (3) in 80%, 67%, and 76%, yields, respectively. trans-[L 2 PdBr 2 ] species (L = 2,6-Me 2 C 5 H 3 N, C 5 H 5 N) were also isolated in the aforementioned reactions in 35%, 42%, and 40% yields. Further, the reaction of the cyclopalladated guanidine [κ 2 (C,N)Pd(μ-Br)] 2 (IV) with AgBF 4 in a CH 2 Cl 2 /MeCN mixture afforded the cationic pincer type cyclopalladated guanidine [κ 3 (C,N,O)Pd(MeCN)][BF 4 ] (4) in 85% yield and this palladacycle upon crystallization in MeCN and the reaction of [κ 2 (C,N)Pd(μ-Br)] 2 (V) with AgBF 4 in a CH 2 Cl 2 /MeCN mixture afforded the cationic palladacycles [{κ 2 (C,N)Pd(MeCN) 2 ][BF 4 ] (5 and 6) in 89% and 91% yields, respectively. The separate reactions of 4 with 2 equiv of methyl phenylpropiolate (MPP) or diphenylacetylene (DPA) and the reaction of 5 with 2 equiv of MPP in PhCl at 110 °C afforded the guanidine-containing quinazolinium tetrafluoroborate 7 in 25−32% yields. The reaction of 6 with 2 equiv of DPA under otherwise identical conditions afforded the unsymmetrically substituted guanidinium tetrafluoroborate 8, containing a highly substituted naphthalene unit, in 82% yield. Compounds 1−8 were characterized by analytical and spectroscopic techniques, and all compounds except 4 were characterized by single-crystal X-ray diffraction. The molecular structures of 2 and 3 are novel, as the framework in the former arises due to the formation of two C−N bonds upon depalladation while the butadienyl unit in the latter revealed cis,cis stereochemistry, a feature unprecedented in alkyne insertion chemistry. Plausible pathways for the formation of heterocycles/carbocycles are proposed. The influence of substituents on the aryl rings of the cyclopalladated guanidine moiety and those on alkynes upon the nature of the products is addressed. Heterocycles 1 and 7 revealed the presence of two rotamers in about a 1.00:0.43 ratio in CDCl 3 and in about a 1.00:0.14 ratio in CD 3 OD, respectively, as detected by 1 H NMR spectroscopy while in CD 3 CN and DMSO-d 6 (1) and CD 3 CN and CDCl 3 (7), these heterocycles revealed the presence of a single rotamer. These spectral features are attributed to the restricted C−N single-bond rotation of the CN 3 unit of the guanidine moiety, which possibly arises from steric constraint due to the formation of a N−H•••Cl hydrogen bond with CDCl 3 (1) and N−H•••O and O−D•••O hydrogen bonds with CD 3 OD (7).