|Bid||5.83 x 0|
|Ask||5.84 x 0|
|Day's Range||5.67 - 6.49|
|52 Week Range||3.01 - 7.47|
|Beta (5Y Monthly)||1.50|
|PE Ratio (TTM)||11.00|
|Earnings Date||Mar. 30, 2020 - Mar. 31, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.93|
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) (“Gran Colombia”) is pleased to announce that it has completed the previously announced spin-off of its Marmato Mining Assets (as defined below) through a reverse takeover (“RTO”) transaction completed today with Bluenose Gold Corp. (“Bluenose”). The resulting issuer is named Caldas Gold Corp. (“Caldas Gold”) and, subject to fulfillment of all of the requirements of the TSX Venture Exchange (“TSXV”), it is expected that trading of the Caldas Gold shares on the TSXV will commence on or about Friday, February 28, 2020 under the symbol “CGC”. Gran Colombia owns approximately 72% of Caldas Gold.
TORONTO, Feb. 24, 2020 -- Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today the final assay results from the last 61 diamond drill holes (7,229 meters) of the.
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) 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. While the month of January typically starts off a little slower following the holidays, we were pleased with the results from Segovia and we see our mine plan delivering more than 200,000 ounces of gold from Segovia again in 2020.
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it has closed its previously announced non-brokered private placement (the “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 common shares issued and outstanding and, including the effect of warrants, stock options and convertible debentures, the total would be 88,710,189 common shares on a fully diluted basis.
TORONTO, Feb. 03, 2020 -- Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today additional higher-grade gold intercepts over broad widths from the final eight.
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) is pleased to announce a non-brokered private placement (the “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 purposes, including repurchases of the Company’s listed warrants (GCM.WT.B) under its normal course issuer bid.
With the strong prospects of gold rising in value in 2020, top TSX gold assets like Ivanhoe stock and Gran Colombia should follow suit. Would-be investors have the opportunity to have exposure to the precious yellow metal.
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 US$0.07090909 per US$1.00 principal amount of Gold Notes and a gold premium of approximately US$0.01696146 per US$1.00 principal amount of Gold Notes. Based on the London P.M. Fix on January 15, 2020 of US$1,549.00 per ounce, the aggregate amount of the cash payments on the Payment Date will be US$6,041,100, of which US$4,875,000 will be applied to reduce the aggregate principal amount of the Gold Notes issued and outstanding and the balance represents the Gold Premium.
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2020) - Gran Colombia Gold (TSX: GCM) would like to cordially invite you to visit us at Booth 710 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday January 19 - Monday January 20, 2020. The Vancouver Resource Investment Conference has been the bellwether of the junior mining market for the ...
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) 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. This stellar fourth quarter performance enabled us to achieve the top end of our guidance range for 2019, setting a new high water mark for annual production at 240,000 ounces of gold.
It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes...
Further to its news release of October 31, 2019, Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) (“Gran Colombia” or the “Company”) is pleased to announce that it has closed its previously announced private placement offering (the “Offering”) of subscription receipts (each, a “Subscription Receipt”) of Caldas Finance Corp. (“CFC”) in connection with the Company’s plan to spin off its Marmato Mining Assets in a reverse takeover transaction (the “RTO Transaction”) with Bluenose Gold Corp. (“Bluenose”). On closing of the Offering, CFC issued a total of 3,292,500 Subscription Receipts at a price of CA$2.00 per Subscription Receipt (the “Issue Price”) for gross proceeds of CA$6,585,000. The brokered portion of the Offering was completed by a syndicate, led by Scotiabank, as sole bookrunner, and including Red Cloud Securities (together, the “Agents”).
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) (“Gran Colombia”) announced today that Wheaton Precious Metals International Ltd. (“Wheaton Precious Metals”) has agreed to subscribe for CA$2 million in the marketed private placement offering (the “Offering”) of subscription receipts (the “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 granted a right of first refusal on any metal streaming or similar transaction that may be entered into in connection with financing the Marmato expansion project.
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) 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 ounces, also up 9% over 2018’s annual production of 218,001 ounces.
Western Atlas Resources Inc. (“Western Atlas” or the “Company”) (TSXV: WA), is pleased to announce that at the special meeting of its shareholders which took place today, the Company’s shareholders approved Gran Colombia Gold Corp. (“Gran Colombia”) (TSX: GCM) becoming a control person of the Company, as such term is defined under the policies of the TSX Venture Exchange. Gran Colombia holds an aggregate of 15,910,588 common shares and 7,955,294 share purchase warrants of Western Atlas, which were acquired by it in a private placement which closed on October 9, 2019.
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it has agreed to acquire US$5 million of 10% secured convertible debentures (the “Debentures”) in a non-brokered private placement offering (the “Offering”) of US$20 million principal amount of Debentures by Gold X Mining Corp. (TSXV: GLDX, formerly Sandspring Resources Ltd). The proceeds of the Offering will be used solely by Gold X Mining for exercising the option to purchase, through its wholly owned subsidiary, ETK, Inc. (“ETK”), 100% of the interest in the Toroparu Project in Guyana held by Mr. Alphonso pursuant to a joint venture agreement between Mr. Alphonso and ETK.
TORONTO, Nov. 28, 2019 -- Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it has filed a preliminary economic assessment (“PEA”) technical report on its.
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today the release of its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the three and nine months ended September 30, 2019. For the first nine months of 2019, our revenue was up 19%, our adjusted EBITDA was up 35%, our operating cash flow was up 22% and our Free Cash Flow was up 31%, all compared with the first nine months last year. Following on the encouraging exploration results achieved at Segovia so far in 2019, we are about to embark on a more aggressive campaign with about 70,000 meters of drilling over the next approximately 18 months.