March 15 (Reuters) - Gran Colombia Gold Corp GCM.TO :
* GRAN COLOMBIA AND GOLD X EXECUTE ARRANGEMENT AGREEMENT FOR THE CREATION OF A MID-TIER LATIN AMERICAN-FOCUSED GOLD PRODUCER
* GRAN COLOMBIA GOLD CORP - DEAL FOR TOTAL CONSIDERATION OF APPROXIMATELY CA$315 MILLION ON A 100% AND FULLY DILUTED IN-THE-MONEY BASIS