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Gran Colombia GOLD Provides Details FOR Its Second Quarter 2017 Results Webcast

Financials

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 PROVIDES DETAILS FOR ITS SECOND QUARTER 2017 RESULTS

WEBCAST

TORONTO, CANADA, Thursday, August 3, 2017 – Gran Colombia Gold Corp. (TSX: GCM) announced

today that it will release its financial results for the second quarter of 2017 after market close on Monday ,

August 14, 2017 and will host a conference call and webcast on Tuesday, August 15, 2017 at 9:30 a.m.

Eastern Time to discuss the results.

Webcast and call-in details are as follows:

Live Event link: http://edge.media-server.com/m/p/urfvuni7

International: 1 (514) 841-2157

North America Toll Free: 1 (866) 215-5508

Colombia Toll Free: 01 800 9 156 924

Conference ID: 45399427

A replay of the webcast will be available at www.grancolombiagold.com from Tuesday, August 15, 2017

until Thursday, September 14, 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 Marmato Operations.

Gran Colombia is continuing an expansion and modernization 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]