Toronto, Canada, Monday November 15, 2021 – Gran Colombia Gold Corp. (“Gran Colombia” or “The Company”) (TSX: GCM, OTCQX: TPRFF – https://www.commodity-tv.com/ondemand/companies/profile/gran-colombia-gold-corp/) announced today that the Board of Directors will pay the next monthly dividend of CA$0.015 per common share on December 15, 2021 to shareholders of record as of the close of business on November 30, 2021.

About Gran Colombia Gold Corp.

Gran Colombia is a medium-sized gold producer with a proven track record of building and operating mines in Latin America. In Colombia, the company is currently the largest underground gold and silver producer with several mines in its high-grade Segovia operation. In Guyana, the company is advancing the Toroparu project, one of the largest undeveloped gold projects in North and South America. Gran Colombia has an approximately 44% interest in Aris Gold Corporation (TSX: ARIS) (Colombia – Marmato), with an approximately 27% interest in Denarius Silver Corp. (TSX-V: DSLV) (Spain – Lomero-Poyatos; Colombia – Gua Antigua and Zancudo) and Western Atlas Resources Inc. (TSX-V: WA) (Nunavut – Meadowbank) holds approximately 26%.

For more information about Gran Colombia, please visit the company’s website at www.grancolombiagold.com and its profile on SEDAR at www.sedar.com.

Cautionary statement on forward-looking information:

This press release contains “forward-looking information,” which may include details regarding the payout of dividends and other anticipated business plans or strategies. Often, but not always, forward-looking statements are added to the use of terms such as “plans,” “expectations,” “expected,” “budget,” “planned,” “estimates,” “estimated,” “intends.” . “expects.” “or “believes” or variations of such words and phrases (including negative variations), or implies that certain actions, events, or consequences “can be taken,” “may , “” will be, “” can be or ” will be taken.” “, can happen or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause Gran Colombia’s actual results, performance or achievements to differ materially from those expressed or implied in forward-looking statements. Factors that could cause actual results to differ materially from those projected in these forward-looking statements are described under the heading “Risk Factors” in the Company’s March 31, 2021 annual report, available on SEDAR at www.sedar.com Is. Available. The forward-looking statements contained herein were made as of the date of this press release and Gran Colombia disclaims any obligation to update any forward-looking statements except as required by law, whether as new information, results, future events, be a result of circumstances. or if estimates or management’s opinion should change, or for other reasons. No assurance can be given that forward-looking statements will prove accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

for more information contact:

mike davis

CFO

(416) 360-4653

Investor [email protected]

in Europe:

Swiss Resource Capital AG

Jochen Steiger

[email protected]

www.resource-capital.ch

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