Gran Colombia Announces Appointment of Director; Declares Monthly Dividend to be Paid on September 15, 2021
19 August 2021 - 12:44AM
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today
that Ms. Belinda Labatte has been appointed to its Board of
Directors effective immediately.
“We are pleased to be welcoming Ms. Labatte as
an independent director to Gran Colombia’s Board of Directors. Ms.
Labatte is a dynamic leader with considerable industry and public
company experience that will complement our existing Board members
as we execute our strategy of growth through diversification and
continue to incorporate ESG principles into the way in which we
conduct our business,” said Serafino Iacono, Executive Chairman of
Gran Colombia. “With the addition of Ms. Labatte, Gran Colombia
continues to embrace its commitment towards building a gender
diverse Board and is well on track to meet its gender diversity
goals as per our written Gender Diversity Policy adopted earlier
this year. Please join me in welcoming Ms. Labatte to our
Board.”
Ms. Labatte holds an MBA from the Rotman School
of Management, University of Toronto and is a CFA charter holder.
She is the Founder of The Capital Lab Inc. and formerly Chief
Development Officer of Mandalay Resources. Ms. Labatte has
extensive extractive industry and corporate development experience
having executed on numerous global IR and capital markets advisory
mandates, transaction negotiations and implementation of corporate
responsibility, risk and crisis management strategies. Ms. Labatte
is a member of the Institute of Corporate Directors, ICD.D since
June 2018 and is an independent director of Star Royalties and
Rambler Metals and Mining.
Monthly Dividend
Declaration
Gran Colombia also announced today that its
Board of Directors has declared the next monthly dividend of
CA$0.015 per common share will be paid on September 15, 2021 to
shareholders of record as of the close of business on August 31,
2021.
About Gran Colombia Gold
Corp.
Gran Colombia is a mid-tier gold producer with a
proven track record of mine building and operating in Latin
America. In Colombia, the Company is currently the largest
underground gold and silver producer with several mines in
operation at its high-grade Segovia Operations. In Guyana, the
Company is advancing the Toroparu Project, one of the largest
undeveloped gold projects in the Americas. Gran Colombia also owns
an approximately 44% equity interest in Aris Gold Corporation (TSX:
ARIS) (Colombia – Marmato), an approximately 27% equity interest in
Denarius Silver Corp. (TSX-V: DSLV) (Spain – Lomero-Poyatos;
Colombia – Guia Antigua and Zancudo) and an approximately 26%
equity interest in Western Atlas Resources Inc. (TSX-V: WA)
(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.
Cautionary Statement on Forward-Looking
Information:
This news release contains "forward-looking
information", which may include, but is not limited to, statements
with respect to production guidance, the payment of dividends and
other anticipated business plans or strategies. 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. Factors that could cause actual results to differ
materially from those anticipated in these forward-looking
statements are described under the caption "Risk Factors" in the
Company's Annual Information Form dated as of March 31, 2021 which
is available for view on SEDAR at www.sedar.com. Forward-looking
statements contained herein are made as of the date of this press
release and Gran Colombia disclaims, 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.
For Further Information,
Contact:Mike DaviesChief Financial Officer(416)
360-4653investorrelations@grancolombiagold.com
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