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ARIS.TO ·

Gran Colombia GOLD Confirms Resignation of a Director

Management Changes

GRAN COLOMBIA GOLD CORP.

333 BAY ST., SUITE 1100, TORONTO, CANADA M5H 2R2

T: (416) 360-4653 F: (416) 360-7783

NEWS RELEASE

GRAN COLOMBIA GOLD CONFIRMS RESIGNATION OF A DIRECTOR

TORONTO, CANADA, Monday, April 17 , 2017 – Gran Colombia Gold Corp. (TSX: GCM) confirmed

today that Rodney Lamond has resigned from the Board of Directors effective April 14, 2017 due to other

business and personal commitments.

Lombardo Paredes Arenas, Chief Executive Officer of Gran Colombia Gold Corp., said, “On behalf of the

Company, I would like to thank Mr. Lamo nd for his service as a director of the Company over the past 15

months and his contributions to the Company’s operational progress. We wish him all the best.”

The Company’s Compensation, Corporate Governance and Nominating Committee intends to address

any future nominations to the Board by the Annual Meeting of Shareholders, currently scheduled to be

held on June 22, 2017.

About Gran Colombia Gold Corp.

Gran Colombia is a Canadian -based gold and silver exploration, development and production company

with its primary focus in Colombia. Gran Colombia is currently the largest underground gold and silver

producer in Colombia with several underground mines in operation at its Segovia and Ma rmato

Operations. Gran Colombia is continuing an expansion and mode rnization project at its Segovia

Operations.

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

[email protected]