Transactions

Transactions

Overview

Gran Colombia Gold Corp. Completes US$100,000,000 Private Placement

October 30, 2012

Gran Colombia Gold Corp. (TSX: GCM), a Canadian-based gold and silver exploration, development and production company with its primary focus in Colombia, completed a private placement of units, with each unit consisting of one US$1,000 face amount secured, 10% gold-linked note and 250 common share purchase warrants, for an aggregate principal amount of US$100,000,000.

The offering was conducted by a syndicate of agents led by GMP Securities L.P., as sole lead agent and sole book-runner, and included Stifel Nicolaus Canada Inc.

Wildeboer Dellelce LLP acted for the agents with a team that included Perry Dellelce, Peter Simeon, Ronald Schwass, Jeff Hergott, Mack Hosseinian and Steven Vasilevski (corporate/securities), James Padwick and Lisa Cunningham (debt products) and Kevin Fritz (tax).