March 27 (Reuters) - Gran Colombia Gold Corp GCM.TO :
* GRAN COLOMBIA GOLD REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS; REACHES NEW HIGHS FOR PRODUCTION, ADJUSTED EBITDA AND OPERATING CASH FLOW; BALANCE SHEET STRENGTHENED; INCREASING FOCUS ON GROWTH PIPELINE
* Q4 ADJUSTED EARNINGS PER SHARE $0.30
* Q4 EARNINGS PER SHARE $0.17
* Q4 REVENUE FELL 4 PERCENT TO $68.2 MILLION
* REVENUE IN Q4 OF 2018 OF $68.2 MILLION WAS 4% LOWER THAN Q4 OF 2017
* CURRENTLY READYING SEPARATE LISTED SPECIAL PURPOSE VEHICLE TO USE FOR HOLDING, DEVELOPING, FINANCING VENEZUELAN ASSETS
* STARTED OFF 2019 WITH A TOTAL OF 39,276 OUNCES OF GOLD PRODUCTION IN FIRST TWO MONTHS
* EXPECTS TO PRODUCE A TOTAL OF 210,000 TO 225,000 OUNCES OF GOLD FOR 2019
* EFFECTIVE TODAY, SERAFINO IACONO WILL BECOME EXECUTIVE CHAIRMAN AND MIGUEL DE LA CAMPA WILL BECOME VICE CHAIRMAN
* IN 2019, EXPECT TOTAL CASH COST MAY RISE SLIGHTLY OVER 2018 BUT CONTINUING TO AVERAGE BELOW $720/OUNCE SOLD FOR FULL YEAR
* AISC FOR FULL YEAR MAY INCREASE FROM 2018'S FULL YEAR AISC AVERAGE OF $907 PER OUNCE BUT WILL REMAIN BELOW $950 PER OUNCE