Gran Colombia Gold Corporation - (GCM)

[Tommy]

Gran Colombia Announces Proposed Sale of its Mazamorras Project in Colombia

http://www.grancolombiagold.com/Newsroom/News-Releases/News-Releases-Page/News-Releases-Details/2012/Gran-Colombia-Announces-Proposed-Sale-of-its-Mazamorras-Project-in-Colombia1130296/default.aspx

... "TORONTO, July 25, 2012 /CNW/ - Gran Colombia Gold Corp. (TSX: GCM) announced today that Gran Colombia Gold SA, a subsidiary of Gran Colombia, has entered into a share purchase agreement with Andean Minerals and Metals Corp., a privately held Panamanian company, in connection with the proposed disposition of its Mazamorras Project to Andean for consideration of US$5,500,000, as described below. " ...