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Gran Colombia to raise C$40 million

Gran Colombia Gold (TSX: GCM) is looking to capitalise on its turnaround and has announced a placement designed to raise up to C$40 million (US$30 million).

Gran Colombia to raise C$40 million Gran Colombia to raise C$40 million Gran Colombia to raise C$40 million Gran Colombia to raise C$40 million Gran Colombia to raise C$40 million

Gran Colombia says investor interest is an endorsement of its successful turnaround

The Colombia-focused producer recently announced record annual gold production for 2019 of 240,000 ounces, and a cash balance at December 31 of US$84 million.

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