Gran Colombia Gold Corp. announced today that it has signed a Letter of Intent with Renergetica Colombia S.A.S. The LOI encompasses Gran Colombia’s acquisition, through its Segovia Operations, of a solar project with a total installed capacity of 11.2 MW of power called “Suarez”, located in the Tolima Region. Lombardo Paredes, Chief Executive Officer of Gran Colombia, said, “As the leading gold and silver producer in [...]
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: April 30, 2020 Record date: April 23, 2020 Cash payment amount: Approximately US$0.10493519 per US$1.00 principal amount of Gold Notes representing an amortization payment of the principal amount issued and outstanding of approximately US$0.07632094 [...]
Gran Colombia Gold Corp. announced today that it produced a total of 19,072 ounces of gold in March bringing the total for the first quarter of 2020 to 56,247 ounces compared with 60,601 ounces in the first quarter of 2019. Lombardo Paredes, Chief Executive Officer of Gran Colombia, commenting on the Company’s latest production results, said, “While we are pleased with our first quarter 2020 production, it came in [...]
Gran Colombia Gold Corp. announced today that it has partnered with local community leaders, Caldas Gold Corp. and Angelitos de Luz, a local charitable foundation, to provide much needed support to vulnerable low-income families in its local mining communities of Segovia, Remedios, Marmato, Supia and Riosucio during the national quarantine in Colombia as the country fights to contain the spread of COVID-19 including: The [...]
Gran Colombia Gold Corp. announced today the release of its audited consolidated financial statements and accompanying managements discussion and analysis for the year ended December 31, 2019. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. Serafino Iacono, Executive Chairman of Gran Colombia, commenting on the Companys results for 2019, said, We had a very solid year in [...]
Gran Colombia Gold Corp. announced today the details for the forthcoming early redemption of 30% of the aggregate principal amount outstanding of its 8.25% Senior Secured Gold-Linked Notes due 2024 as follows: Payment date: March 31, 2020 Record date: March 26, 2020 Cash payment amount: Approximately US$0.33095042 per US$1.00 principal amount of Gold Notes issued and outstanding representing a redemption price of US$0.30 [...]
Gran Colombia Gold Corp. announced today that it is continuing to monitor the impact of the novel COVID-19 virus globally. To date, COVID-19 has not impacted production or product shipments at any of the Company’s sites nor has there been any significant negative impact on, or disruption of, the Company’s supply chain. However, the Company has activated its business continuity program at its mine sites in [...]
Gran Colombia Gold Corp. announced today that it is diligently monitoring the impact of the novel COVID-19 virus globally and has activated its business continuity program to help ensure that head office functions are maintained while employees work remotely and travel restrictions have been put into place. To date, COVID-19 has not impacted production or product shipments at any of the Company’s sites. Nor, to [...]
Gran Colombia Gold Corp. announced today that gold production from the Segovia and Marmato Operations totalled 18,674 ounces in February, bringing the total for the first two months of 2020 to 37,175 ounces. Lombardo Paredes, Chief Executive Officer of Gran Colombia, commenting on the Company’s latest production results, said, “Our mines are continuing to perform as expected and we remain on track with our [...]
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 [...]