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Gran Colombia Declares Monthly Dividend to Be Paid on December 15, 2021

Corporate Actions

Gran Colombia Declares Monthly Dividend to Be Paid on December 15, 2021

TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (“Gran Colombia” or the “Company”) (TSX:

GCM, OTCQX: TPRFF) announced today that its Board of Directors has declared the next monthly dividend of CA$0.015 per

common share will be paid on December 15, 2021 to shareholders of record as of the close of business on November 30,

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

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 Davies

Chief Financial Officer

(416) 360-4653

[email protected]