Just before PM sector uptrend why not buy out all depressed best property at fire sale price.?? robbery continues.

Gran Colombia Gold Proposes to Merge With Guyana Goldfields and Gold X to Create a High-Growth, Latin American-Focused Intermediate Gold Producer

Gran Colombia Gold Corp. (“Gran Colombia”) (TSX: GCM; OTCQX: TPRFF) is pleased to announce that it has signed a definitive agreement to complete a business combination with Gold X Mining Corp. (“Gold X”) (TSXV: GLDX, OTCQX: SSPXF) (the “Gold X Transaction”) and that it has submitted a proposal to Guyana Goldfields Inc. (“Guyana Goldfields”) (TSX:GUY) to acquire all of its issued and outstanding common shares (the “Proposed Guyana Goldfields Transaction”; and together with the Gold X Transaction, the “Proposal”). The contemplated business combination between Gran Colombia and Gold X is conditional upon the successful concurrent acquisition of Guyana Goldfields, and the proposal to Guyana Goldfields is conditional on the concurrent acquisition of Gold X.

° Combined company will have greater than US$100 million in cash in addition to the financing support provided by Wheaton Precious Metals Corp. (“Wheaton”) to fund development

The combined entity will continue as Gran Colombia and will be managed by the current Gran Colombia executive team, with corporate headquarters remaining in Toronto. Shareholders of Gran Colombia will own ~60% of the combined company, with Guyana Goldfields and Gold X shareholders owning ~25% and ~15%, respectively, on a basic shares outstanding basis.