Gran Colombia Gold : Corporate Presentation - August 2021 (Updated)

Mid-Tier Latin American Gold Producer

TSX: GCM

OTCQX: TPRFF

www.grancolombiagold.com

August 2021 Presentation

Disclaimer

Forward-Looking Statements

This presentation contains "forward-looking information", which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects, and, specifically, statements concerning anticipated growth in annual gold production, future cash costs, AISC and All-in costs, future G&A and capex, free cash flow, future repayments of its gold-linked notes, and other statements that are not historical facts. 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 presentation 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.

All amounts are denominated in U.S. dollars, unless indicated otherwise.

Corporate Presentation | August 2021

TSX: GCM | OTCQX: TPRFF

Mid-Tier Latin American Gold Producer

Growth Through Diversification

Two Cornerstone Assets with 8.8 Mozs Total M&I Gold Resources

Segovia	+	Toroparu	=	Diversified Portfolio
Colombia	Guyana	Latin American Gold Producer
Consistently ranked in	One of the largest	Gran Colombia's diversified portfolio within the
the world's top 5		undeveloped gold		mining friendly jurisdictions of Colombia and
highest-grade		deposits in the		Guyana, combined with its strong balance sheet
underground gold		Americas with 7.35		and qualified management, position the Company
	mines		million ounces		as a leading Latin American gold producer
			Measured & Indicated		Paying a monthly Dividend with an
					annual yield equivalentto > 3%

Strong Balance Sheet with Proven Track Record of Mine Building

and Operating in Latin America

Gran Colombia Gold | Corporate Presentation | August 2021

TSX: GCM | OTCQX: TPRFF |

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Growth Through Diversification

Latin American Gold Producer

Segovia Operations

Colombia

100% ownership

High-Grade Underground Mines

One of the Top 5 Highest-Grade

Underground Global Gold Mines.

14.5 g/t in 2020

2020 Production 196,000 ozs;

1.3 Million Ounces Over Last 10 Years

RPP Title in Historic Mining

District with Significant

Exploration Upside

60,000 m of Drilling in 2021 at Existing Mines and Brownfield Targets in the Mining Title

Toroparu Project

Guyana

100% ownership

One of the Largest Undeveloped Gold Deposits in the Americas

7.35 Million Ounces M&I Gold Resources

Advanced Development Stage Project with Key Permits in Place

2020/2021 Drilling has Identified Higher-Grade Gold Structures Being Incorporated in a New Geologic Model

Guyana is Poised to be the World's Fastest Growing Economy According to the IMF

Gran Colombia Gold | Corporate Presentation | August 2021

Q2 Highlights

Completion of Gold X Transaction & Closing of US$300 Million Notes Offering

6.875% Senior Unsecured Notes Maturing August 9, 2026

B+ B+

Use of Proceeds

• Fund the development of the Toroparu Project
• Prepay our remaining Gold-Linked Notes
• General corporate purposes

Joint Bookrunners

Completed

Gold X Transaction

on June 4, 2021

Acquired all of the issued and outstanding common shares of Gold X Gran Colombia did not already own

Major step forward in our strategy to grow through diversification

Two Cornerstone Assets with 8.8 Mozs Total M&I Gold Resources

Gran Colombia Gold | Corporate Presentation | August 2021

TSX: GCM | OTCQX: TPRFF |

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