GRAN COLOMBIA GOLD ANNOUNCES THE CONSOLIDATION OF ITS LISTED WARRANTS
01 Dezember 2010 - 1:00PM
PR Newswire (Canada)
TORONTO, Dec. 1 /CNW/ -- TORONTO, Dec. 1 /CNW/ - Gran Colombia Gold
Corp. (TSX-V: GCM) today announced that effective the opening of
the market on Wednesday December 1, 2010, its issued and
outstanding listed warrants (TSX-V: GCM.WT) will be consolidated on
a one-for-four basis, with the result that each consolidated
warrant will now entitle its holder to acquire one common share in
the capital of the Company at an exercise price equal to four times
its original exercise price, or $2.60. No fractional warrants
will be issued. Any fractional warrants resulting from the
consolidation will be rounded up to the next whole number of
warrants. The Company's issued and outstanding common shares were
previously consolidated effective November 11, 2010. There
will be no change in the Company's trading symbol as a result of
the consolidation. About Gran Colombia Gold Corp. Gran Colombia
Gold Corp. is a Canadian-based gold and silver exploration and
development company focused on acquiring, developing and operating
properties of merit in Colombia. The Company holds 95% of the
former Frontino gold and silver assets, including the largest
underground gold and silver mining operation in Colombia. It also
owns four more exploration projects in Colombia for total
exploration acreage of approximately 21,400 hectares. The Company
is committed to implementing its exploration and development
strategy with a comprehensive environment, safety and community
program, meeting international standards of best practice. Forward
Looking Information: This news release contains "forward-looking
information", which may include, but is not limited to, statements
with respect to the future financial or operating performance of
the Company and its projects. Often, but not always,
forward-looking statements can be identified by the use of words
such as "plans", "expects", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates", or believes" or
variations (including negative variations) of such words and
phrases, or state that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of Gran Colombia to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements.
Forward-looking statements contained herein are made as of the date
of this press release and Gran Colombia disclaim, other than as
required by law, any obligation to update any forward-looking
statements whether as a result of new information, results, future
events, circumstances, or if management's estimates or opinions
should change, or otherwise. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, the reader is
cautioned not to place undue reliance on forward-looking
statements. Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release. %SEDAR: 00003116E pBelinda
Labattebr/ Investor Relationsbr/ (647) 436-2152/p
Copyright
Gran Colombia Gold Corp (TSXV:GCM)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
Gran Colombia Gold Corp (TSXV:GCM)
Historical Stock Chart
Von Jun 2023 bis Jun 2024
Echtzeit-Nachrichten über Gran Colombia Gold Corp (TSX Venture Börse): 0 Nachrichtenartikel
Weitere Gran Colombia Gold Corp News-Artikel