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Re: tsoprano-1 post# 594

Tuesday, 09/20/2016 12:30:53 PM

Tuesday, September 20, 2016 12:30:53 PM

Post# of 3018
The PR: TORONTO, ON -- (Marketwired) -- 09/16/16 -- Gran Colombia Gold Corp.(TPWRF) (the "Company") announced today that, in light of current market conditions and the Company's improved operational and financial performance this year, it has engaged GMP Securities L.P. as its exclusive financial advisor to conduct a strategic review process that will explore alternatives to enhance shareholder value. The strategic review process will be broad and could include, but not be limited to, a strategic investment in the Company by a third party, a business combination with another entity, a recapitalization of the Company, a reduction of the principal outstanding under the Senior Secured Convertible Debentures due 2020, a sale of the Company, or some combination of the foregoing.

Every one of those items will resolve the conv debt faster, and appears to be the objective of them all. Execs have a lot of stock, they do not want the .14 cap either.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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