The Toronto Stock Exchange reports that Gran Colombia Gold Corp. has rolled back its shares 1:15, effective at the open on April 27, 2017. The shares will continue trading under the same symbol (GCM) but will have a new Cusip number (No. 38501D 80 8). According to the TSX, the rollback has resulted in the following amendments to the company's share purchase warrants (GCM.WT.A), its senior unsecured convertible debentures due 2018 (GCM.DB.U) and its senior secured convertible debentures due 2020 (GCM.DB.V).

The TSX reports that the company's warrants, currently exercisable at $3.25 per share until the expiry date of March 18, 2019, will be exercisable at $48.75 per postconsolidation share until March 18, 2019, with 15 warrants entitling the holder to purchase one postconsolidation share of the company.

The 2018 debentures, currently convertible at a conversion price of 13 U.S. cents per share, representing a conversion rate of approximately 7,692 shares per $1,000 (U.S.) principal amount, will be convertible at a conversion price of $1.95 (U.S.) per postconsolidation share. The new price represents a conversion rate of approximately 513 postconsolidation shares per $1,000 (U.S.) principal amount of the 2018 debentures.

The 2020 debentures, currently convertible at a conversion price of 13 U.S. cents per share, representing a conversion rate of approximately 7,692 shares per $1,000 (U.S.) principal amount, will be convertible at a conversion price of $1.95 (U.S.) per postconsolidation share. The new price represents a conversion rate of approximately 513 postconsolidation shares per $1,000 (U.S.) principal amount of the 2020 debentures.