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Gran Colombia closes revised US$98m financing

Gold miner Gran Colombia Gold (TSX:GCM) has closed a revised financing of US$98 million to refinance its debt.

Gran Colombia closes revised US$98m financing Gran Colombia closes revised US$98m financing Gran Colombia closes revised US$98m financing Gran Colombia closes revised US$98m financing Gran Colombia closes revised US$98m financing

Miner improves capital structure

The company had originally hoped to raise $152 million in new bonds to retire its convertible debt due in 2018, 2020 and 2024.