March 6 (Reuters) - Gran Colombia Gold Corp GCM.TO :
* Gran Colombia Gold announces 2017 outlook and proposals to improve capital structure
* Expects to produce a total of 150,000 to 160,000 ounces of gold for full year
* In 2017, company expects that its total cash cost will remain below $720 per ounce sold
* AISC for full year will remain below $900 per ounce
* Gran Colombia Gold - proposal to extend maturity, on voluntary basis, of 2020 debentures, will seek shareholder approval related to maturity extension
* Proposing to consolidate its issued and outstanding common shares on a ten-for-one basis (10:1) Source text for Eikon: ID:nMKWPj04Ca Further company coverage: GCM.TO