Aris Mining Corporation - TPRFF STOCK NEWS

Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) reported multiple high-grade intercepts from 62 diamond drill holes at its Segovia Operations. Key results include:

• 211.68 g/t Au and 253.6 g/t Ag over 0.33m on the Providencia Vein.
• 147.91 g/t Au and 194.8 g/t Ag over 0.74m on Sandra K Techo Hanging Wall.
• 15.39 g/t Au and 3,496.1 g/t Ag over 0.70m on the Lluvias Vein.

The ongoing drilling aims for resource growth and increased mining flexibility. The company plans 40,000 meters of drilling this year, focusing on both in-mine and brownfield exploration.

Gran Colombia Gold Corp. (TPRFF) has successfully completed the acquisition of all outstanding shares of Gold X Mining Corp. through a statutory plan of arrangement, effective June 4, 2021. This acquisition positions Gran Colombia as a mid-tier gold producer, boosting its resources to approximately 8.78 million ounces of gold. The deal includes control of the significant Toroparu Gold Project in Guyana and is expected to drive value for shareholders through a diversified asset base. Gran Colombia plans to de-list Gold X Shares from the TSX Venture Exchange and cease Gold X's public reporting obligations.

Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) held its Annual General and Special Meeting on May 27, 2021, where several significant resolutions were approved. These included fixing the number of directors at six and the election of directors such as Serafino Iacono and Miguel de la Campa. Most notably, shareholders approved the acquisition of Gold X Mining Corp., exchanging 0.6948 shares of Gran Colombia for each Gold X share. The Arrangement is expected to be effective on June 4, 2021, pending final court approval.

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.

Gran Colombia Gold Corp. (OTCQX: TPRFF) reported its Q1 2021 results, highlighting a net income of $118.3 million ($2.02/share), a significant increase from $24.3 million ($0.42/share) in Q1 2020. Revenue rose slightly to $101.9 million, driven by higher average gold prices of $1,812/ounce despite lower sales volume. The company's ongoing drilling at Segovia yielded promising results, while total cash costs per ounce increased to $862. Gran Colombia also announced a takeover bid for Gold X Mining and maintains an annual production target of 200,000-220,000 ounces for 2021.

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) will release its 2021 first quarter results after market close on May 13, 2021. A conference call will take place on May 14 at 9:00 a.m. Eastern Time for discussion of the results. The event can be accessed via live link or by phone. Gran Colombia has also launched a new corporate video titled 'Beyond Gold,' showcasing its sustainability initiatives and community impacts in Segovia and Remedios, Colombia. The video features interviews and highlights the company's operational advancements.

Gran Colombia Gold Corp. (TPRFF) announced its quarterly payment details for its 8.25% Senior Secured Gold-Linked Notes due 2024, with cash payments totaling approximately US$4.06 million on April 30, 2021. This includes US$2.89 million for principal reduction. Additionally, the company will redeem US$10 million of Gold Notes on May 10, 2021, reducing the total outstanding principal to US$19.75 million. The Board declared a monthly dividend of CA$0.015 per share, payable on May 17, 2021. These actions underline the company's commitment to shareholder returns and effective debt management.

Gran Colombia Gold Corp. (OTCQX: TPRFF) reported gold production of 18,643 ounces in March 2021, totaling 49,058 ounces for Q1 2021, a slight decrease from 50,346 ounces in Q1 2020. Silver production increased to 57,315 ounces compared to 45,918 ounces last year. The company is on track to meet its annual production guidance of 200,000 to 220,000 ounces of gold, with plans for expansion at the Maria Dama processing plant. Financially, Gran Colombia utilized free cash flow for a $7 million polymetallic plant, share repurchases, and debt service, ending March with $73.6 million in cash.

Gran Colombia Gold Corp. (OTCQX: TPRFF) released its audited financial results for 2020, reporting a record revenue of $390.9 million, up 20% from 2019. Despite challenges from the pandemic, gold production reached 220,194 ounces. The company successfully executed a spin-out of Marmato Mining Assets, retaining a 44.3% stake in Aris Gold Corporation. The updated mineral resource estimate indicates 1.43 million ounces in Measured and Indicated Resources. Gran Colombia plans to enhance exploration at Segovia and aims for a friendly takeover of Gold X Mining Corp. in 2021.