Press Release: Gran Colombia Announces Third -2-
Press Release: Gran Colombia Announces Third -2-
year-over-year decrease in adjusted net income in the third quarter and
first nine months of 2021 largely reflects the impact of the factors
noted above regarding revenue and total cash costs per ounce on adjusted
EBITDA, partially offset by a decrease in income tax expense.
-- The Company added a 27% equity interest in Denarius Silver Corp.
("Denarius") to its portfolio in the first nine months of 2021, giving it
exposure to the Lomero-Poyatos polymetallic deposit located in Spain, in
close proximity to the Matsa JV project in the Iberian Pyrite Belt, and
to the Guia Antigua and Zancudo Projects in Colombia. Denarius, fully
funded to carry out its current exploration campaigns, commenced drilling
at its Guia Antigua Project in mid-2021 and in October, commenced a
23,500 meters drilling campaign at its Lomero Project designed to
validate some selected historical holes drilled within the existing mine
and then conduct a 50x50 meters in-fill drilling program in the lower
levels of the same mine.
-- Gran Colombia remains committed to the health and safety of its employees,
and through COMFAMA Colombia, was the first mining company in Antioquia
to secure COVID-19 vaccines to immunize its employees and their families
in the third quarter of 2021. Published in June 2021, the Company's
inaugural sustainability report reflects a focused effort on measuring
and disclosing its Environmental, Social and Governance ("ESG")
priorities and performance moving forward.
第三季經調整淨利按年減少及2021年的前9個月在很大程度上反映了這些因素的影響上面提到了調整後每盎司的收入和總現金成本EBITDA，部分被所得税費用的減少所抵消。-公司在Denarius Silver Corp.增加了27%的股權。(“Denarius”)在2021年的前9個月加入其投資組合，使其年，接觸位於西班牙的洛梅羅-波亞託斯多金屬礦牀。靠近伊比利亞硫鐵礦帶的Matsa合資項目，以及哥倫比亞的Guia Antigua和Zancudo項目。德納留斯，完全為開展目前的勘探活動提供資金，開始鑽探在2021年年中和10月的Guia Antigua項目上，開始了其洛梅羅項目的23,500米鑽探活動旨在驗證在現有礦井內鑽取的一些選定的歷史鑽孔然後在下部進行50x50米的充填鑽進計劃同一礦井的水平。-Gran哥倫比亞公司仍然致力於其員工的健康和安全，通過哥倫比亞COMFAMA，成為安蒂奧基亞第一家礦業公司獲得新冠肺炎疫苗，為員工和他們的家人接種疫苗在2021年第三季度。出版於2021年6月，該公司的首份可持續發展報告反映了在衡量方面的重點努力和披露其環境、社會和治理(“ESG”)優先順序和績效向前發展。
Selected Financial Information
精選財務信息
Third Quarter Nine Months
2021 2020 2021 2020
Operating data
Gold
produced
(ounces) 49,848 58,454 153,532 162,929
Gold sold
(ounces) 50,171 59,633 158,326 168,412
Average
realized
gold price
($/oz sold)
(1) $ 1,784 $ 1,875 $ 1,798 $ 1,712
Total cash
costs ($/oz
sold) (1) 845 796 825 725
AISC ($/oz
sold) (1) 1,218 1,122 1,160 1,014
Financial data
($000's, except
per share
amounts)
Revenue $ 90,716 $ 113,138 $ 288,988 $ 291,248
Adjusted
EBITDA (1) 39,937 56,688 134,255 144,688
Net income
(loss) 25,258 18,027 173,362 23,704
Per share
- basic 0.26 0.39 2.32 0.53
Per share
-
diluted 0.20 0.17 1.54 0.52
Adjusted net
income (1) 14,354 29,503 69,858 68,239
Per share
- basic 0.15 0.47 0.78 1.14
Per share
-
diluted 0.13 0.40 0.68 0.96
Net cash
provided by
operating
activities 26,738 68,024 53,141 106,884
Free cash
flow (1) 12,132 53,677 11,645 67,751
September 30, December 31,
2021 2020
-------------------------------------- ------- ------- --------
Balance sheet ($000's):
Cash and cash equivalents $ 329,567 $ 122,508
Gold bullion (2) 1,743 -
Senior Notes due 2026 -- principal
amount outstanding (3) 300,000 -
Gold Notes, including current
portion -- principal amount
outstanding (4) - 35,525
Convertible Debentures -- principal CA18,000 CA$20,000
amount outstanding (5)
(1) Refer to "Non-IFRS Measures" in the Company's MD&A.
(2) Commencing the third quarter of 2021, the Company
is maintaining a portion of its liquidity in gold
bullion. As at September 30, 2021, the Company had
1,000 ounces in its gold bullion account.
(3) The Senior Notes were issued in August 2021 and are
recorded in the Interim Financial Statements at amortized
cost. At September 30, 2021, the carrying amount of
the Senior Notes outstanding, including accrued interest
of $2.9 million, was $289.4 million.
(4) The Gold Notes were recorded in the Interim Financial
Statements at fair value and were fully redeemed in
September 2021. At September 30, 2021 and December
31, 2020, the carrying amounts of the Gold Notes outstanding
were $Nil and $38.5 million, respectively.
(5) The Convertible Debentures are recorded in the Interim
Financial Statements at fair value. At September 30,
2021 and December 31, 2020, the carrying amounts of
the Convertible Debentures outstanding were $18.3
million and $28.4 million, respectively.
第三季度9個月 2021 2020 2021 2020 運行數據黃金生產的(盎司)49,848 58,454 153,532 162,929售出的黃金(盎司)50,171 59,633 158,326 168,412平均值已實現金價(每盎司售價$1) (1) $ 1,784 $ 1,875 $ 1,798 $ 1,712 現金總額成本(美元/盎司售出)(1)845 796 825 725AISC(美元/盎司售出)(1)1,218 1,122 1,160 1,014財務數據(000美元，除了每股金額)收入90,716元113,138元288,988元291,248元調整後的EBITDA(1)39,937 56,688 134,255 144,688淨收入(損失)25,258 18,027 173,362 23,704每股-基本0.26 0.39 2.32 0.53每股 - 稀釋0.20 0.17 1.54 0.52調整後的淨值收入(1)14,354 29,503 69,858 68,239每股-基本0.15 0.47 0.78 1.14每股 - 稀釋0.13 0.40 0.68 0.96淨現金由以下人員提供運營中活動26,738 68,024 53,141 106,884免費現金流量(1)12,132 53,677 11,645 67,751九月三十日，十二月三十一日， 2021 2020 -------------------------------------- ------- ------- -------- 資產負債表(000美元)：現金及現金等價物$329,567$122,508金條(2)1,743-2026年到期的優先債券-本金未償還金額(3)300,000-金幣(包括現鈔)部分--本金未償還款項(4)--35,525可轉換債券--本金18,000加元20,000加元未償還金額(5)(1)在公司的MD&A中引用“非國際財務報告準則計量”(Non-IFRS Measures)。(2)自2021年第三季度起，本公司將一部分流動性保持在黃金上金條。截至2021年9月30日，公司擁有在其黃金賬户中存入1,000盎司。(3)高級債券於2021年8月發行，內容如下按攤銷計入中期財務報表成本。在2021年9月30日，未償還優先票據，包括應計利息290萬美元，為2.894億美元。(4)金鈔記錄於中期財務報告報表按公允價值計算，並於#年全部贖回。2021年9月。在2021年9月30日和12月2020年31日，已發行黃金票據的賬面金額分別為零美元和3850萬美元。(5)可轉換債券在過渡期間入賬按公允價值計算的財務報表。九月三十號，2021年和2020年12月31日，賬面金額未償還的可轉換債券為18.3美元分別為2500萬美元和2840萬美元。
Third Quarter 2021 Results Webcast
2021年第三季度業績網絡廣播
As a reminder, Gran Colombia will host a conference call and webcast on Friday, November 12, 2021 at 9:00 a.m. Eastern Time to discuss the results.
提醒一下，Gran Columbia將於2021年11月12日(星期五)上午9點主持電話會議和網絡直播。東部時間討論結果。
Webcast and call-in details are as follows:
網上直播及點播詳情如下：
https://edge.media-server.com/mmc
Live Event link: /p/wyypvtrs
Canada Toll / International: 1 (514) 841-2157
North America Toll Free: 1 (866) 215-5508
Colombia Toll Free: 01 800 9 156 924
Conference ID: 50241486
Https://edge.media-server.com/mmc現場活動鏈接：/p/wyypvtrs加拿大通行費/國際電話：1(514)841-2157北美免費電話：1(866)215-5508哥倫比亞免費電話：01 800 9156 924會議ID：50241486
A replay of the webcast will be available at www.grancolombiagold.com from Friday, November 12, 2021 until Friday, December 10, 2021.
從2021年11月12日(星期五)到2021年12月10日(星期五)，網絡直播將在www.grancolombiagold.com上重播。
About Gran Colombia Gold Corp.
關於格蘭哥倫比亞黃金公司
Gran Colombia is a mid-tier gold producer with a proven track record of mine building and operating in Latin America. In Colombia, the Company is currently the largest underground gold and silver producer with several mines in operation at its high-grade Segovia Operations. In Guyana, the Company is advancing the Toroparu Project, one of the largest undeveloped gold projects in Latin Americas. Gran Colombia also owns an approximately 44% equity interest in Aris Gold Corporation (TSX: ARIS) (Colombia -- Marmato), an approximately 27% equity interest in Denarius Silver Corp. (TSX-V: DSLV) (Spain -- Lomero-Poyatos; Colombia -- Guia Antigua and Zancudo) and an approximately 26% equity interest in Western Atlas Resources Inc. (TSX-V: WA) (Nunavut -- Meadowbank).
Gran Columbia是一家中端黃金生產商，在拉丁美洲的礦山建設和運營方面有着良好的記錄。在哥倫比亞，該公司目前是最大的地下黃金和白銀生產商，在其高品位的塞戈維亞分公司有幾個正在運營的礦山。在圭亞那，該公司正在推進Toroparu項目，這是拉丁美洲最大的未開發金礦項目之一。Gran哥倫比亞公司還擁有Aris Gold Corporation(多倫多證券交易所股票代碼：ARIS)(哥倫比亞--Marmato)約44%的股權、Denarius Silver Corp.(多倫多證券交易所股票代碼：DSLV)(西班牙--洛梅羅-波亞託斯；哥倫比亞-圭亞那-安提瓜和贊庫多)約27%的股權，以及Western Atlas Resources Inc.(多倫多證券交易所股票代碼：WA)(Nunavut-Meadowbank)約26%的股權。
Additional information on Gran Colombia can be found on its website at www.grancolombiagold.com and by reviewing its profile on SEDAR at www.sedar.com.
有關Gran哥倫比亞公司的更多信息可以在其網站www.grancolombiagold.com上找到，也可以通過查看其在SEDAR上的個人資料(www.sedar.com)找到。
Cautionary Statement on Forward-Looking Information:
關於前瞻性信息的警示聲明：
This news release contains "forward-looking information", which may include, but is not limited to, statements with respect to the continuation of operations during the COVID-19 situation, production guidance, and other anticipated business plans or strategies. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Gran Colombia to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in the Company's Annual Information Form dated as of March 31, 2021 which is available for view on SEDAR at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and Gran Colombia disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be 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.
本新聞稿包含“前瞻性信息”，可能包括但不限於有關新冠肺炎期間持續運營的陳述、生產指導以及其他預期的商業計劃或戰略。前瞻性陳述通常但不總是可以通過使用諸如“計劃”、“預期”、“預期”、“預計”、“預計”、“估計”、“預測”、“打算”、“預期”或“相信”或這些詞語的變體(包括負面變體)來識別，或者陳述某些行動、事件或結果“可能”、“可能”、“將”、“可能”或“將”被採取、發生或實現。前瞻性陳述涉及已知和未知的風險、不確定性和其他因素，這些風險、不確定性和其他因素可能導致Gran Columbia的實際結果、業績或成就與前瞻性陳述明示或暗示的任何未來結果、業績或成就大不相同。可能導致實際結果與這些前瞻性陳述中預期的結果大不相同的因素在公司截至2021年3月31日的年度信息表格中的“風險因素”標題下進行了描述。該表格可在SEDAR網站www.sedar.com上查閲。本文中包含的前瞻性陳述是截至本新聞稿發佈之日作出的，除法律要求外，Gran哥倫比亞公司不承擔任何因新信息、結果、未來事件、情況或管理層的估計或意見發生變化或其他原因而更新任何前瞻性陳述的義務。不能保證前瞻性陳述將被證明是準確的，因為實際結果和未來事件可能與此類陳述中預期的大不相同。因此，提醒讀者不要過度依賴前瞻性陳述。
For Further Information, Contact:
欲瞭解更多信息，請聯繫：
Mike Davies
邁克·戴維斯
Chief Financial Officer
首席財務官
(416) 360-4653
(416) 360-4653
investorrelations@grancolombiagold.com
郵箱：InvestorRelations@grancolombiagold.com
譯文內容由第三人軟體翻譯。