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Re: baystock1 post# 1670

Friday, 05/11/2018 1:57:00 AM

Friday, May 11, 2018 1:57:00 AM

Post# of 3020
The Company reported net income for the first quarter of 2018 of
$5.4 million, or $0.25 per share, compared with a net loss of $0.8

million, or $0.04 per share, in the first quarter last year, with the
year-over-year improvement principally attributable to the increased
income from operations in the first quarter of 2018 driven by higher
gold sales volumes and realized gold prices and lower total cash costs
per ounce.

Adjusted net income (1) for the first quarter of 2018 of $9.8 million,
or $0.46 per share, up from $3.1 million, or $0.16 per share,
in the first quarter last year,
also reflected the improvement in
income from operations as noted above.
(1) Refer to “Non-IFRS Measures” in the Company’s MD&A

Financial and Operating Summary

A summary of the financial and operating results for the first quarters
of 2018 and 2017 follows:

Gran Colombia Gold Corp. (TPRFF) -






http://www.grancolombiagold.com/news-and-investors/press-releases/press-release-details/2018/Gran-Colombia-Gold-Reports-First-Quarter-2018-Results-Files-National-Instrument-43-101-Technical-Report-for-Its-Segovia-Operations/default.aspx


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