Gran Colombia Gold Corp. will increase the size of its board of directors from six to eight and will appoint Rodney Lamond, Mark Ashcroft and Mark Wellings to its Board of Directors, subject to formal approval and meeting the necessary qualifications for election of a director pursuant to the British Columbia Business Corporations Act. Mr. Lamond is a Professional Mining Engineer with over 27 years of operational experience in the mining industry across several continents. From 2013 to 2015 he was President and Chief Executive Officer of Crocodile Gold. Mr. Ashcroft has been involved in various capacities in the global mining industry and the North American
and European debt and equity markets since 1990. Mr. Ashcroft served as President and Chief Executive Officer and a Director of Stonegate Agricom Ltd. from August 2008 to September 2014 and, Executive Vice President, Corporate Development of Canada Lithium Corp. from September 2009 to April 2010. Mr. Wellings is a mining professional with over 25 years international experience in both the mining industry and mining finance sector and is currently a Director and the Chief Executive Officer of Eurotin Inc. The company also announced that Maria Consuelo Araujo has provided notice to the company of her resignation as President, effective December 15, 2015. Ms. Araujo has resigned to accept a position in the cabinet of the new mayor of Bogota, as Secretary of Social Affairs.