Market Information

Capitalization (as of June 30, 2021) 1

Common Shares 98,485,770 2024 Warrants (GCM.WT.B) 10,392,160
Market Capitalization $502.3M Gold-Linked Notes (GCM.NT.U) US$19,750,000
Fully Dilluted 132.1M Shares

1The Capitalization table will be updated at the end of each month.

Effective November 30, 2020, Gran Colombia Pays a Monthly Dividend1

Record Date Payment Date Amount Per
Share (CAD)
June 30, 2021 July 15, 2021 $0.015
May 31, 2021 June 15, 2021 $0.015
April 30, 2021 May 17, 2021 $0.015
March 31, 2021 April 15, 2021 $0.015
February 26, 2021 March 15, 2021 $0.015
January 29, 2021 February 15, 2021 $0.015
December 31, 2020 January 15, 2021 $0.015
November 30, 2020 December 15, 2020 $0.015
September 30, 2020 October 15, 2020 $0.015

1 Refer to Gran Colombia Gold’s press release dated November 11, 2020

The declaration and payment of dividends remains at the discretion of the Board and will depend on the Company’s cash requirements, future prospects and other factors deemed relevant by the Board of Directors.

The dividend qualifies as an "eligible dividend" for Canadian income tax purposes, while dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.

Outstanding
$3.95
Strike Price
CA$2.21
Expiration Date
April 30, 2024
Outstanding (May 31, 2021)
US$19.75
Currency
U.S. dollars
Maturity
April 30, 2024
Interest
8.25% p.a cash paid monthly
Repayment
Amortized quarterly through sale of physical gold deposited to a Gold Trust Account with floor price protection at US$1,250 per ounce of gold
Rank and Security
Senior Secured
Other
Gold premium upside for investors
Change of control provisions
Callable at specified prices
Guaranteed by certain subsidiaries

Transfer Agent & Trustee

TSX Trust Company
301-100 Adelaide Street West
Toronto ON
M5H 4H1
www.tsxtrust.com

Toll Free: +1 866 393 4891
Tel: +1 416 361 0930
Fax: +1 416 361 0470
TMXEInvestorServices@tmx.com