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

Rhea-AI Summary

Gran Colombia Gold Corp. (TPRFF) has declared a monthly dividend of CA$0.015 per share, payable on June 15, 2021, to shareholders on record as of May 31, 2021. It marks the company's commitment to delivering shareholder value through consistent dividend payments. Gran Colombia is a leading mid-tier gold producer in Colombia, primarily operating its high-grade Segovia Operations. The firm also holds significant equity interests in several other mining projects, reinforcing its presence in the gold and silver sector.

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• Declared a monthly dividend of CA$0.015 per share, affirming its commitment to shareholder value.
• Strengthening its portfolio with significant equity interests in multiple mining projects.

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• None.

TORONTO, May 17, 2021 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (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 June 15, 2021 to shareholders of record as of the close of business on May 31, 2021.

About Gran Colombia Gold Corp.

Gran Colombia is a Canadian-based mid-tier gold producer with its primary focus in Colombia where it is currently the largest underground gold and silver producer with several mines in operation at its high-grade Segovia Operations. Gran Colombia’s portfolio includes equity positions in several listed companies advancing gold and silver projects including a 44.3% equity interest in Aris Gold Corporation (TSX: ARIS) (Colombia – Marmato; Canada – Juby), a 17.8% equity interest in Gold X Mining Corp. (TSX-V: GLDX) (Guyana – Toroparu), a 27.3% equity interest in Denarius Silver Corp. (TSX-V: DSLV) (Spain – Lomero; Colombia – Guia Antigua and Zancudo) and a 25.8% 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
investorrelations@grancolombiagold.com

FAQ

What is the dividend amount declared by Gran Colombia Gold Corp. (TPRFF)?

The declared dividend amount is CA$0.015 per common share.

When will the dividend be paid to Gran Colombia Gold Corp. shareholders?

The dividend will be paid on June 15, 2021.

What is the record date for the dividend payment of TPRFF?

The record date for the dividend payment is May 31, 2021.

How often does Gran Colombia Gold Corp. pay dividends?

Gran Colombia Gold Corp. pays monthly dividends.

What is the significance of the equity interests held by Gran Colombia Gold Corp. in other companies?

The equity interests enhance Gran Colombia's investment profile and potential returns from various mining projects.