Eric Sprott announces that today, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, sold 200,000 common shares of Gran Colombia Gold Corp. over the Toronto Stock Exchange (representing approximately 0.3% of the outstanding shares on non-diluted basis) at a price of approximately $7.08 per share for aggregate consideration of approximately $1,416,760. The sale resulted in a partially diluted [...]
Gran Colombia Gold Corp. announced today high-grade intercepts from the latest 72 diamond drill holes totaling 10,523 meters of the 2020 in-mine and near-mine drilling programs at its Segovia Operations. The Company also announced the assay results from three additional kick-off diamond drill holes from the ongoing directional drilling program at the El Silencio Deep Zone. High-grade intercepts from eight diamond drill [...]
Gran Colombia Gold Corp. announced today that its equity position in Western Atlas Resources Inc. has increased to approximately 25.8% through a non-brokered private placement completed on July 17, 2020 by Western Atlas. Western Atlas intends to use the proceeds of the Private Placement for exploration of its Meadowbank project in Nunavut, seeking restitution of the Increible Project, the potential addition to its [...]
Gran Colombia Gold Corp. announced today that it produced a total of 17,497 ounces of gold in June 2020 bringing the total for the second quarter of 2020 to 48,228 ounces compared with 57,882 ounces in the second quarter of 2019. For the first half of 2020, the Company has produced a total of 104,475 ounces of gold compared with 118,483 ounces in the first half of last year. The second quarter and first half 2020 [...]
Gran Colombia Gold Corp. announced today the details for the forthcoming quarterly repayment of its 8.25% Senior Secured Gold-Linked Notes due 2024 as follows: Payment date: July 31, 2020 Record date: July 24, 2020 Cash payment amount: Approximately US$0.10093525 per US$1.00 principal amount of Gold Notes issued and outstanding representing an amortization payment of the principal amount of approximately US$0.06991525 per [...]
Gran Colombia Gold Corp. announced today that it has acquired 7,000,000 common shares of Caldas Gold Corp. in a non-brokered private placement at a price of CA$2.00 per share for a total investment of CA$14,000,000 . The proceeds of the Private Placement will be used by Caldas Gold on July 2, 2020 to complete the acquisition of South American Resources Corp. . SARC has completed the acquisition of certain mining assets in [...]
Gran Colombia Gold Corp. announced today that it produced a total of 18,129 ounces of gold in May 2020, about 98% of gold production in May last year. This brings the total gold production for the first five months of 2020 to 86,978 ounces compared with 99,601 ounces in the first five months of 2019, reflecting the impact of COVID-19 on April 2020’s production. The Company expects to update its 2020 annual production [...]
Gran Colombia Gold Corp.’s Annual General and Special Meeting of Shareholders was held today. The detailed results of the votes for each matter to be acted upon are set out below: Item Description of matter Outcome Voted Voted 1. Fixing the number of directors at seven Approved 26,740,883 For 4,176 Against 99.98% 0.02% 2. The election of the following individuals as directors of the Corporation to hold office until the [...]
Further to its Notice of Annual General and Special Meeting of Shareholders dated April 22, 2020, Gran Colombia Gold Corp. announced today that, following the issuance of Ministerial Order No. M116: Electronic Attendance at Corporate Meetings Order issued by the Minister of Public Safety and Solicitor General on behalf of the Province of British Columbia, the location of the Company’s Annual General and Special Meeting of [...]
Gran Colombia Gold Corp. announces that, further to its news release dated May 11, 2020, it has decided to no longer pursue the acquisition of all of the issued and outstanding common shares of Guyana Goldfields Inc. As a result, Gran Colombia and Gold X Mining Corp. have agreed to terminate the Plan of Arrangement between Gran Colombia and Gold X dated May 11, 2020. About Gran Colombia Gold Corp. Gran Colombia is a [...]
Gran Colombia Gold Corp. announced today the release of its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis for the three months ended March 31, 2020. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. Serafino Iacono, Executive Chairman of Gran Colombia, commenting on the Company’s latest results, said, “Our [...]
Gran Colombia Gold Corp. is pleased to announce that it has signed a definitive agreement to complete a business combination with Gold X Mining Corp. and that it has submitted a proposal to Guyana Goldfields Inc. to acquire all of its issued and outstanding common shares . The contemplated business combination between Gran Colombia and Gold X is conditional upon the successful concurrent acquisition of Guyana Goldfields [...]
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