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Gran Colombia Gold Co-Chairman, Serafino Iacono Purchases 2,022,890 Shares in the Company

TORONTO, April 10, 2012 /CNW/ - Gran Colombia Gold Corp. (TSX: GCM, GCM.WT, GCM.WT.A) annou...

articleAris Mining CorpApril 10, 20125/company/aris-mining-corporation/news/gran-colombia-gold-co-chairman-serafino-iacono-purchases-2022890-shares-in-the-company
Gran Colombia Gold Co-Chairman, Serafino Iacono Purchases 2,022,890 Shares in the Company

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[{"type":"text","content":"\n\n\n\n\n\nTORONTO, April 10, 2012 /CNW/ - Gran Colombia Gold Corp. (TSX: GCM,\n GCM.WT, GCM.WT.A) announces that, since the blackout period ended on\n April 2, 2012 following the release of the Company's 2011 financial\n results, co-chairman, Serafino Iacono, has bought a total of 2,022,890\n shares in the company at an average price of $0.367 per share.\n\n\nThe purchases bring Iacono's total holdings of common shares of Gran\n Colombia to 7,256,416 or 1.90 percent of the outstanding common shares\n of the Company.\n\n\nAbout Gran Colombia Gold Corp.\n\n\nGran Colombia is a Canadian-based gold and silver exploration,\n development and production company with its primary focus in Colombia.\n Gran Colombia is currently the largest underground gold and silver\n producer in Colombia with several underground mines in operation. In\n addition, Gran Colombia is advancing a project to develop a\n large-scale, gold and silver mine at its Marmato operations, and has an\n advanced stage property in Venezuela.\n\n\nAdditional information on Gran Colombia can be found on its website at www.grancolombiagold.com and by reviewing its profile on SEDAR at www.sedar.com.\n\n\nCautionary Statement on Forward-Looking Information:\n\n\nThis news release contains \"forward-looking information\", which may\n include, but is not limited to, statements with respect to the future\n financial or operating performance of the Company and its projects.\n Often, but not always, forward-looking statements can be identified by\n the use of words such as \"plans\", \"expects\", \"is expected\", \"budget\",\n \"scheduled\", \"estimates\", \"forecasts\", \"intends\", \"anticipates\", or\n believes\" or variations (including negative variations) of such words\n and phrases, or state that certain actions, events or results \"may\",\n \"could\", \"would\", \"might\" or \"will\" be taken, occur or be achieved.\n Forward-looking statements involve known and unknown risks,\n uncertainties and other factors which may cause the actual results,\n performance or achievements of Gran Colombia to be materially different\n from any future results, performance or achievements expressed or\n implied by the forward-looking statements. Forward-looking statements\n contained herein are made as of the date of this press release and Gran\n Colombia disclaim, other than as required ...

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