Gran Colombia Gold Announces Voting Results of the Annual General and Special Meeting of Shareholders Held Today

TORONTO, June 04, 2020 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp.’s (TSX: GCM, OTCQX: TPRFF) 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 next annual meeting of the Corporation or until their successors are appointed or elected:
	Serafino Iacono	Approved	25,508,557 For 1,236,502 Withheld	95.38% 4.62%
	Miguel de la Campa	Approved	26,731,031 For 14,028 Withheld	99.95% 0.05%
	De Lyle Bloomquist	Approved	26,690,633 For 54,428 Withheld	99.80% 0.20%
	Mónica De Greiff	Approved	26,710,336 For 34,723 Withheld	99.87% 0.13%
	Hernan Juan Jose Martinez Torres	Approved	26,702,992 For 42,067 Withheld	99.84% 0.16%
	Robert Metcalfe	Approved	25,561,710 For 1,183,349 Withheld	95.58% 4.42%
	Jaime Perez Branger	Approved	23,838108 For 2,906,951 Withheld	89.13% 10.87%
3.	Appointing KPMG LLP as auditors of the Corporation at a remuneration to be fixed by the directors.	Approved	31,743,210 For 29,923 Withheld	99.91% 0.09%
4.	Reapproval of the Stock Option Plan of the Corporation which fixes the maximum aggregate number of shares reserved for issuance under the plan at 9% of the issued and outstanding common shares of the Corporation.	Approved	23,827,999 For 2,917,060 Against	89.09% 10.91%
5.	Approval of a special resolution authorizing the exercise or conversion by 2176423 Ontario Ltd. and any of its associates and affiliates of up to 1,786,958 warrants and the corresponding issuance of up to 1,786,958 common shares by the Corporation, as more particularly described in the Management Information Circular.	Approved	26,564,617 For 180,442 Against	99.32% 0.68%

About Gran Colombia Gold Corp.

Gran Colombia is a Canadian-based mid-tier gold producer with its primary focus in Colombia where it is currently the largest underground gold and silver producer with several mines in operation at its high-grade Segovia Operations. Gran Colombia owns approximately 74% of Caldas Gold Corp., a Canadian mining company currently advancing a prefeasibility study for a major expansion and modernization of its underground mining operations at its Marmato Project in Colombia. Gran Colombia’s project pipeline includes its Zancudo Project in Colombia together with an approximately 21% equity interest in Gold X Mining Corp. (GLDX.V) (Guyana – Toroparu) and an approximately 20% equity interest in Western Atlas Resources Inc. (“Western Atlas”) (WA.V) (Nunavut – Meadowbank).

Additional information on Gran Colombia can be found on its website at www.grancolombiagold.com and by reviewing its profile on SEDAR at www.sedar.com.

For Further Information, Contact:
Mike Davies
Chief Financial Officer
(416) 360-4653
investorrelations@grancolombiagold.com