Colombian Miner Meets Investors

Gran Colombia Gold has started meeting investors ahead of a $120m sale of gold-linked notes and equity warrants, according to sources familiar with the process. The Canadian-based miner is offering units consisting of $1,000 principal in the 10% 2017 gold-linked notes and 250 common share purchase warrants. The road show is scheduled to run through October 5, with pricing expected as soon as next week. The miner operating exclusively in Colombia is raising funds for development and construction of projects at its mine in Segovia. GMP Securities is managing the sale.