Caldas Gold Corp. is pleased to announce the completion of its previously announced reverse takeover transaction with Caldas Finance Corp., an indirect wholly-owned subsidiary of Gran Colombia Gold Corp., pursuant to which the Company acquired certain mining assets at Gran Colombia's Marmato Project located in the Department of Caldas. The Mining Assets principally comprise the existing producing underground gold mine [...]
Gran Colombia Gold Corp. is pleased to announce that it has completed the previously announced spin-off of its Marmato Mining Assets through a reverse takeover transaction completed today with Bluenose Gold Corp. The resulting issuer is named Caldas Gold Corp. and, subject to fulfillment of all of the requirements of the TSX Venture Exchange, it is expected that trading of the Caldas Gold shares on the TSXV will commence [...]
Gran Colombia Gold Corp. announced today the final assay results from the last 61 diamond drill holes of the 2019 in-mine drilling programs at its high-grade Segovia Operations, and also the assay results from 6 additional kick-off diamond drill holes from the ongoing directional drilling at the El Silencio Deep Zone. These drill results will be included in the updated mineral reserve and mineral resource estimates for [...]
Gran Colombia Gold Corp. announced today that it produced a total of 18,501 ounces of gold in January 2020, up from 17,941 ounces of gold in January 2019. Lombardo Paredes, Chief Executive Officer of Gran Colombia, commenting on the Company’s latest production results, said, “In total, our trailing 12-months’ total gold production from our two mining operations continued to run at the 240,000 ounces [...]
Gran Colombia Gold Corp. announced today that it has closed its previously announced non-brokered private placement of 7,142,857 Units of the Company at a price of CA$5.60 per Unit for total proceeds of CA$40 million. Each Unit consists of one common share and one common share purchase warrant exercisable into a full common share at CA$6.50 per share expiring February 6, 2023. As of today, Gran Colombia has 60,812,630 [...]
Gran Colombia Gold Corp. announced today additional higher-grade gold intercepts over broad widths from the final eight diamond drill holes drilled in the Marmato Deeps Zone completing the 2019 Phase 2 infill drilling program at its Marmato Project in Caldas. The 2019 drilling campaign was split into two phases, of which the results of the Phase 1 drilling campaign were included in the updated Mineral Resource estimate [...]
Gran Colombia Gold Corp. is pleased to announce a non-brokered private placement of up to 7,142,858 Units of the Company at a price of CA$5.60 per Unit for total proceeds of up to CA$40 million. The five-day volume weighted average price of the Company’s shares for the period ended January 24, 2020 was CA$5.607. The net proceeds of the Private Placement will be used for general working capital and corporate [...]
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: January 31, 2020 Record date: January 24, 2020 Cash payment amount: Approximately US$0.08787055 per US$1.00 principal amount of Gold Notes representing an amortization payment of the principal amount issued and outstanding of approximately [...]
Gran Colombia Gold Corp. announced today that it produced a total of 22,391 ounces of gold in December bringing the total for the fourth quarter of 2019 to a new quarterly record of 65,237 ounces compared with 55,260 ounces in the fourth quarter of 2018. This brings the total gold production for 2019 to the top end of the Company’s guidance range with a new annual record of 239,991 ounces, up 10% over 2018. Lombardo [...]
Further to its news release of October 31, 2019, Gran Colombia Gold Corp. is pleased to announce that it has closed its previously announced private placement offering of subscription receipts of Caldas Finance Corp. in connection with the Company’s plan to spin off its Marmato Mining Assets in a reverse takeover transaction with Bluenose Gold Corp.. On closing of the Offering, CFC issued a total of 3,292,500 [...]
Gran Colombia Gold Corp. announced today that Wheaton Precious Metals International Ltd. has agreed to subscribe for CA$2 million in the marketed private placement offering of subscription receipts being led by Scotiabank, as sole bookrunner, and including Red Cloud Securities. The Offering, at a price of CA$2.00 per Subscription Receipt, is expected to close on or about December 19, 2019. Wheaton Precious Metals has been [...]
Gran Colombia Gold Corp. announced today that it produced a new monthly record total of 21,835 ounces of gold in November, surpassing its previous best month in February earlier this year. This brings the total for the first 11 months of 2019 to 217,600 ounces, up 9% over the first 11 months of 2018. Gran Colombia’s trailing 12 months’ total gold production at the end of November 2019 increased to 236,608 [...]
+700,00 %
-98,04 %
