Gran Colombia Gold Continues to Repurchase 2020 Debentures and Provides Details for Its First Quarter 2017 Results Webcast

TORONTO, ON--(Marketwired - May 02, 2017) - Gran Colombia Gold Corp. (TSX: GCM) announced today that it used funds available in the sinking fund for the 2020 Debentures (TSX: GCM.DB.V) to complete a block purchase at a discount under its normal course issuer bid of US$246,831 aggregate principal amount of 2020 Debentures for cancellation. As of today's date, the aggregate principal amount of the 2020 Debentures issued and outstanding is US$100,463,254.