Business
Serafino Iacono, Executive Co-Chairman of Gran Colombia Gold, Purchases 1,000,000 Shares of the Company
TORONTO, June 12, 2012 /CNW/ - Gran Colombia Gold Corp. (TSX: GCM) announced today that its...
About this update from Aris Mining Corp
[{"type":"text","content":"\n\n\n\n\n\nTORONTO, June 12, 2012 /CNW/ - Gran Colombia Gold Corp. (TSX: GCM)\n announced today that its Executive Co-Chairman, Serafino Iacono, has\n purchased an aggregate of 1,000,000 common shares of the Company\n between June 8 and June 11, 2012 at an average price CDN$0.336 per\n share, on the open market.  As at today's date, Mr. Iacono holds\n 9,681,416 shares of the Company (representing 2.53% of the issued and\n outstanding shares).  Mr. Iacono also purchased 100,000 units of the\n Company's Silver Linked Notes (TSX: GCM.NT.U) at an average price of\n US$77.00 per unit.\n\n\nMr. Iacono commented, \"My latest investment in Gran Colombia reflects my\n continued confidence in the Company's strategy and ability to realize\n the full value of its world class projects at Segovia and Marmato.\"\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 at its\n Segovia and Marmato operations. In addition, Gran Colombia is advancing\n a project to develop a large-scale, gold and silver mine at its Marmato\n operations.\n\n\nAdditional information on Gran Colombia can be found on its website at\n 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 Colom...