Gran Colombia Gold Corp. announced today that its equity position in Sandspring Resources Ltd. has changed to 19.45% through a non-brokered private placement completed today by Sandspring. Sandspring intends to use the proceeds of the Private Placement to commence work on the feasibility study for its Toroparu Gold Project, for additional step out and exploration drilling at its Chicharron Project and for general working [...]
In a release issued under the same headline earlier today by Gran Colombia Gold , the following line in the CEO’s quote had been inadvertently truncated from the second paragraph: “…our operating cash flow was up 7% and our Free Cash Flow was up 3%, all compared to the first half of 2018. With the recent run up in gold prices…” The corrected release follows: Gran Colombia Gold Corp[...]
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 and six months ended June 30, 2019. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. Lombardo Paredes, Chief Executive Officer of Gran Colombia, commenting on the Company’s latest [...]
Gran Colombia Gold Corp. announced today the final assay results from 115 diamond drill holes included in the 2019 underground infill drilling program at its high-grade Segovia Operations and also the assay results from nine kick-off holes in the ongoing directional drilling program in the deep zone at the El Silencio mine. Serafino Iacono, Executive Chairman of Gran Colombia, commented, “We are excited to see a [...]
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, 2019 Record date: July 24, 2019 Cash payment amount: Approximately US$0.0701701 per US$1.00 principal amount of Gold Notes representing an amortization payment of the principal amount issued and outstanding of approximately US$0.0621019 per [...]
Gran Colombia Gold Corp. announced today that it produced a total of 18,882 ounces of gold in June bringing the total for the second quarter of 2019 to 57,882 ounces, up 9% over the second quarter of 2018. For the first half of 2019, the Company produced a total of 118,483 ounces of gold, up 12% over the first half last year. This brings the trailing 12 months’ total gold production at the end of June 2019 to [...]
Gran Colombia Gold Corp. announced today that, as a result of a review by staff of the Ontario Securities Commission, it is issuing the following news release regarding its disclosure on the Segovia Project. Specifically, the Company announced that it has filed an amended version of its prefeasibility study technical report on its Segovia Project prepared by SRK Consulting, Inc. pursuant to National Instrument 43‐101 [...]
Gran Colombia Gold Corp. announced today that it produced a total of 18,528 ounces of gold in May bringing the total for the first five months of 2019 to 99,601 ounces, up 14% over the first five months of 2018. Gran Colombia’s trailing 12 months’ total gold production at the end of May 2019 of 230,136 ounces is up almost 6% over 2018’s annual production and remains above the top end of the [...]
Gran Colombia Gold Corp.’s Annual 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 10,280,175 For 34,289 Against 99.67% 0.33% 2. The election of the following individuals as directors of the Corporation to hold office until the [...]
Gran Colombia Gold Corp. announced today that has increased its equity position in Sandspring Resources Ltd. to 19.96% through a non-brokered private placement completed today by Sandspring. Sandspring intends to use the proceeds of the Private Placement to continue work on the re-scoping of the Toroparu Project, additional exploration at its Chicharron Project and for general working capital. On June 4, 2019, Sandspring [...]
Gran Colombia Gold Corp. announced today that it has received approval from the Toronto Stock Exchange to commence normal course issuer bids for its common shares and its share purchase warrants expiring April 30, 2024 trading under the symbol GCM.WT.B. The NCIBs allow the Company to purchase up to 4,589,129 common shares and up to 1,109,628 Warrants of the Company, representing 10% of the current issued and outstanding [...]
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, 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 Company’s latest results [...]
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