09:52 AM EST - Gran Colombia Gold Corp. : announced today the release of its audited consolidated financial results for 2011 fiscal year. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. Gold production of 91,419 ounces, meeting guidance. Revenue of $137.7 million from the sale of 83,809 ounces of gold at an average realized price of $1,596 per ounce. Net loss of $34.8 million, $0.11 per share, including $22.8 million of one-time charges related to the Colombian equity tax, Medoro acquisition costs and silver-notes issuance costs. Gran Colombia Gold Corp.
shares T.GCM are trading up $0.02 at $0.43.
