Gran Colombia Gold announced today that, in response to feedback from current and potential new investors, it is adapting the previously announced proposed debt financing to focus solely on refinancing its Senior Secured Convertible Debentures due 2020 and 2024 through a private placement led solely by GMP Capital Inc. of up to 95,000 units of the Company for anticipated aggregate gross proceeds of up to US$95,000,000 [...]
TORONTO, March 20, 2018 -- Gran Colombia Gold Corp. announced today that it produced a total 17,339 ounces of gold in February bringing the total for the first two months of 2018 to 34,039 ounces. At its high-grade Segovia Operations, gold production in February amounted to 15,248 ounces with 96% of the month’s production coming from the Company’s Providencia, El Silencio and Sandra K mines and the remainder [...]
Gran Colombia Gold announced today that it has received conditional approval from the Toronto Stock Exchange for the listing of the common share purchase warrants of the Company included in its best efforts private placement of up to 152,000 units of the Company for anticipated aggregate gross proceeds of up to US$152,000,000 . Each Unit will consist of US$1,000 principal amount of senior secured gold-linked notes and 124 [...]
/STATES/ TORONTO, Feb. 15, 2018 -- Gran Colombia Gold Corp. provided further details today for its recently announced best efforts private placement of up to 152,000 units of the Company for anticipated aggregate gross proceeds of up to US$152,000,000 . GMP Capital Inc. and UBS Securities LLC have been retained as agents in connection with the Offering. Serafino Iacono, Executive Co-Chairman of Gran Colombia, commented [...]
/STATES/ TORONTO, Feb. 05, 2018 -- Gran Colombia Gold Corp. announced today that it has determined to offer for sale, on a best efforts private placement basis, up to 152,000 units of the Company for anticipated aggregate gross proceeds of up to US$152,000,000 . Each Unit is expected to consist of US$1,000 principal amount of senior secured gold-linked notes and a number of common share purchase warrants of the Company to [...]
TORONTO, Jan. 15, 2018 -- Gran Colombia Gold Corp. announced today that it produced a total of 51,699 ounces of gold in the fourth quarter of 2017, up 26% over the fourth quarter last year. This brings the total gold production for the year to 173,821 ounces, up 16% over 2016 and surpassing its guidance for the current year. The Segovia Operations continued to be the key catalyst for growth in Gran Colombia’s gold [...]
TORONTO, Dec. 19, 2017 -- Gran Colombia Gold Corp. announced today that it produced a total of 15,841 ounces of gold in the month of November bringing the year-to-date total to 154,959 ounces. The trailing 12 months’ total gold production as of the end of November 2017 now stands at 169,777 ounces, up 13% over 2016’s annual gold production. With one month remaining in 2017, the Company remains on track with [...]
TORONTO, Nov. 20, 2017 -- Gran Colombia Gold Corp. announced results today from the ongoing underground infill drilling program at the Providencia Mine at its Segovia Operations. Infill drilling at Providencia is designed on 20 meter x 20 meter centers, and is aimed to further delineate one of the main high-grade orebodies, currently in production, on which limited previous surface drilling had intersected high gold [...]
TORONTO, Nov. 13, 2017 -- 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 nine months ended September 30, 2017. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. Lombardo Paredes Arenas, Chief Executive Officer of Gran Colombia [...]
TORONTO, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (TSX:GCM) announced today that it will release its financial results for the third quarter of 2017 after market close on Monday, November 13, 2017 and will host a conference call and webcast on Tuesday, November 14, 2017 at 8:30 a.m. Eastern Time to discuss the results. Webcast and call-in details are as follows: Live Event [...]
TORONTO, Oct. 17, 2017 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (TSX:GCM) announced results today from an ongoing underground exploration drilling program at its Marmato Project. Hole MND_282_03_17, drilled from Level 20, has intercepted an interval of “Deeps style” of mineralization at a vertical depth of about 1,000 meters below surface and about 25 meters vertically below Level 21, which returned an [...]
TORONTO, Oct. 11, 2017 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (TSX:GCM) announced today that it produced a total of 16,664 ounces of gold in the month of September, surpassing the previous monthly production record established earlier this year and bringing the total for the third quarter of 2017 to 37,039 ounces, only 5% below the third quarter last year despite the adverse impact of a 42-day civil disruption at [...]
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