Gran Colombia GOLD Provides Update ON Share Consolidation Proposal and Details FOR the Fourth Quarter and Year End 2016 Results Webcast
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 UPDATE ON SHARE CONSOLIDATION PROPOSAL AND
DETAILS FOR THE FOURTH QUARTER AND YEAR END 2016 RESULTS WEBCAST
TORONTO, CANADA, Thursday, March 23, 2017 – Gran Colombia Gold Corp. (TSX: GCM) announced
today that it will begin disseminating information tomorrow related to the Special Meeting of Shareholders
to be held on April 24, 2017 to consider its proposal to consolidate its issued and outstanding common
shares and to approve the proposed extension of the Company’s Convertible Debentures due 2020 , as
further described in the Company press release dated March 6, 2017 . The Company also announced that
after further feedback from its stakeholders, it has revised the proposal such that the consolidation of the
issued and outstanding common shares will now be on the basis of one post -consolidation share for
every 15 pre-consolidation shares (1:15), subject to approval of the Toronto Stock Exchange.
Fourth Quarter and Year End 2016 Results Webcast
The Company announced today that it will release its financial results for the fourth quarter and full year
2016 after market close on Thursday , March 30 , 2017 and will host a conference call and webcast on
Friday, March 31, 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/c6f8wgvn
Toronto & International: 1 (514) 841-2157
North America Toll Free: 1 (866) 215-5508
Colombia Toll Free: 01 800 9 156 924
Conference ID: 44631288
A replay of the webcast will be available at www.grancolombiagold.com from Friday, March 31, 2017 until
Monday, May 1, 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. G ran Colombia is in the midst of 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.
Cautionary Statement on Forward-Looking Information:
This news release contains "forward -looking information" . 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 va riations) 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 whi ch 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
GRAN COLOMBIA GOLD CORP.
333 BAY ST., SUITE 1100, TORONTO, CANADA M5H 2R2
T: (416) 360-4653 F: (416) 360-7783
30, 2016, 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 e vents, 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 anticipa ted 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