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GRAN COLOMBIA ANNOUNCES ISSUANCE OF UP TO US$75 MILLION IN SENIOR UNSECURED SILVER-LINKED NOTES
Jul. 8, 2011 (Canada NewsWire Group) -- /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERV...
About this update from Aris Mining Corp
[{"type":"text","content":"\n\n\n Jul. 8, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR\n DISSEMINATION IN THE UNITED STATES/\n\n\nTORONTO, July 8, 2011 /CNW/ - Gran Colombia Gold Corp.(TSX: GCM) announced today the filing of a preliminary short form prospectus in\n all of the provinces of Canada, except Quebec, with respect to the\n issuance of up to US$75 million (the "Principal Amount") in senior\n unsecured silver-linked notes (the "Notes").\n\n\nThe offering will consist of up to 75,000 Notes of the Company at a\n price of US$1,000 principal amount per Note (the "Offering").  The\n Notes, due 2018, will bear interest at a rate of 5.0% per year, payable\n semi-annually in arrears in equal installments on December 31 and June\n 30 of each year.  The first interest payment date will be December 31,\n 2011 and will consist of interest accrued from and including the\n Closing Date (as defined below).  Holders of Notes will be entitled to\n receive the greater of (i) the Principal Amount of the Note held, or\n (ii) the U.S. dollar financial equivalent to approximately 66.7 ounces\n of silver per Note, as determined using the average realized silver\n price by the Company over the 6 month period immediately prior to any\n repayment or redemption of principal, representing the US dollar\n financial equivalent of an aggregate of five million ounces of silver. \n The quantity of silver per Note ...