Sprott buying at Gran Colombia Gold (GCM)

Sprott buying at Gran Colombia Gold (T:GCM)

Updated Tuesday Feb 11, 2020 03:07 AM EDT
Eric Sprott's 2176423 Ontario Ltd., a 10% Holder, acquired 3,571,429 Common Shares on a direct ownership basis at a price of $5.600 through a prospectus or prospectus exempt offering on February 6th, 2020. The insider also acquired 3,571,429 Warrants with an exercise price of $6.500 until February 6, 2023.0. This represents a $20,000,002 investment into the company's shares and an account share holdings change of greater than 100%.

Gran Colombia Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Gran Colombia Gold Corp (Gran Colombia) is a Canada-based gold and silver exploration and development company. The Company is engaged in the acquisition, exploration, development and operation of gold properties in Colombia. Gran Colombia is an underground gold and silver producer in Colombia with several underground mines and over two processing plants in operation. It holds interest in underground gold and silver mining operation in Colombia, the Segovia Operations, and also holds interest in the Marmato Project. The Segovia Operations include the El Silencio, Providencia and Sandra K underground mines in the Municipality of Segovia, and the Carla underground mine in the Municipality of Remedios, located approximately 10 kilometers southeast of the Segovia mines. It has exploration properties in Venezuela. The Zancudo project in the Titiribi mining district of Antioquia comprises a gold mine, the Independencia Mine, in the Middle Cauca Gold Belt.

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