Gold X Mining Corp. (fka GLDXF)

[NYBob]

$Gran Colombia Announces Voting Results of the Annual General and Special
Meeting of Shareholders Held Today; Shareholders
Approve Gold X Acquisition
May 27, 2021
TORONTO, May 27, 2021 (GLOBE NEWSWIRE) --


Gran Colombia Gold Corp.’s (TSX: GCM, OTCQX: TPRFF) Annual General and
Special Meeting of Shareholders was held today.
The detailed results of the votes for each matter to be acted upon
are set out below:

http://www.grancolombiagold.com/news-and-investors/press-releases/press-release-details/2021/Gran-Colombia-Announces-Voting-Results-of-the-Annual-General-and-Special-Meeting-of-Shareholders-Held-Today-Shareholders-Approve-Gold-X-Acquisition/default.aspx


Update on Gold X Acquisition

Gran Colombia is also pleased to announce that, earlier today,
the shareholders of both the Company and
Gold X approved the proposed Arrangement under which
the Company will acquire all of the issued and outstanding
common shares of Gold X not already owned by the Company
in exchange for Gran Colombia common shares on
the basis of 0.6948 of a Gran Colombia share
for each Gold X share.

Gold X expects to apply for a final order of the Supreme Court of
British Columbia approving the Arrangement on or about June 1, 2021
(the “Final Order”).
Subject to receipt of the Final Order, as well as the satisfaction or
waiver of other customary closing conditions,
Gold X and the Company expect that the Arrangement will become
effective at 12:01 a.m. on June 4, 2021.

About Gran Colombia Gold Corp.

Gran Colombia is a Canadian-based mid-tier gold producer with its
primary focus in Colombia where it is currently the largest underground
gold and silver producer with several mines in operation at its high-
grade Segovia Operations.

Gran Colombia’s portfolio includes equity positions in several listed
companies advancing gold and silver projects including
a 44.3% equity interest in Aris Gold Corporation (TSX: ARIS)
(Colombia – Marmato; Canada – Juby),
a 17.8% equity interest in Gold X Mining Corp. (TSX-V: GLDX) (Guyana –
Toroparu),
a 27.3% equity interest in Denarius Silver Corp. (TSX-V: DSLV) (Spain –
Lomero; Colombia – Guia Antigua and Zancudo) and
a 25.8% equity interest in Western Atlas Resources Inc. (TSX-V: WA) b(Nunavut – Meadowbank).

Additional information on Gran Colombia can be found on its website at

http://www.grancolombiagold.com

and by reviewing its profile on SEDAR at www.sedar.com.

For Further Information, Contact:
Mike Davies
Chief Financial Officer
[phone]
[e-mail]

Cautionary Statement on Forward-Looking Information:

http://www.grancolombiagold.com/news-and-investors/press-releases/press-release-details/2021/Gran-Colombia-Announces-Voting-Results-of-the-Annual-General-and-Special-Meeting-of-Shareholders-Held-Today-Shareholders-Approve-Gold-X-Acquisition/default.aspx

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