10:39 AM EST - Gran Colombia Gold Corp : Announced today that that it entered into a letter of intent on August 31, 2019 with Western Atlas Resources Inc. outlining the terms on which it intends to spin off its Venezuelan assets in exchange for $20 million U.S. in common shares of Western Atlas and also acquire up to a 19.9% equity interest in Western Atlas by way of a $1.4-million Canadian subscription into Western Atlas’ proposed private placement. Gran Colombia Gold Corp
shares T.GCM are trading up $0.12 at $5.66.
