Gran Colombia Gold Corporation - (GCM)

[Tommy]

Executive Co-Chairmen of Gran Colombia Gold Purchase 877,500 Shares of the Company

http://www.grancolombiagold.com/Newsroom/News-Releases/News-Releases-Page/News-Releases-Details/2012/Executive-Co-Chairmen-of-Gran-Colombia-Gold-Purchase-877500-Shares-of-the-Company1129981/default.aspx

TORONTO, June 25, 2012 /CNW/ - Gran Colombia Gold Corp. (TSX: GCM) announced today that its Executive Co-Chairmen, Serafino Iacono and Miguel de la Campa, have purchased an aggregate of 877,500 common shares of the Company between June 14 and 18, 2012.

Mr. de la Campa purchased an aggregate of 617,500 shares at an average price CDN$0.30 per share on the open market. As at today's date, Mr. de la Campa holds 3,522,394 shares of the Company (representing 0.92% of the issued and outstanding shares).

Mr. Iacono purchased an aggregate of 260,000 shares at an average price CDN$0.30 per share on the open market. As at today's date, Mr. Iacono holds 9,941,416 shares of the Company (representing 2.60% of the issued and outstanding shares).