Aris Mining Corp. T.ARIS.W.A

Primary Symbol: T.ARIS Alternate Symbol(s): CLGDF | ARMN | N.AMNG.NT.U

Metals & Mining Gold

Aris Mining Corporation is a Canada-based company, which is primarily engaged in the acquisition, exploration, development and operation of gold properties in Colombia, Guyana and Canada. The Company operates the Segovia Operations and Marmato Mine in Colombia. The Segovia Operations are located 180 kilometers (km) northeast of Medellin in the Segovia-Remedios mining district of Antioquia, Colombia. The Marmato mine is located in the Marmato gold district in the Caldas Department, a mountainous region approximately 80 km south of Medellin, Colombia. The Company is also the operator and 20% owner of the Soto Norte Project. The project is located within the traditional mining area of California, Vetas, which is located approximately 350 km north of Bogota and 55 km northeast of the city of Bucaramanga. The Company also owns the Toroparu Project in Guyana and the Juby Project, which covers an area of approximately 42,817 hectares and is located in the Cuyuni-Mazaruni Region of Guyana.

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Aris Mining Corp. > Fundamental Research released a equity new report

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Comment by 0checkeron Aug 20, 2021 5:01pm

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Post# 33742176

RE:Fundamental Research released a equity new report

Investorsnews wrote: Fundamental Research is releasing a new report on Gran Colombia Gold Corp. (TSX: GCM / OTCQX: TPRFF) Trading at 1.2x Forward EBITDA / Dividend Yield of 3.9%

Q2-2021 production was up 18% YoY, and inline with expectations. Management’s 2021 production guidance remains unchanged at 200–220 Koz.

Completed a $300M debt financing for Toroparu (Guyana). A PEA completed in 2019 had indicated an initial CAPEX of $360M. The recent $300M financing, and the royalty financing agreement with Wheaton Precious (TSX: WPM/US$138M remaining) offer more than enough capital for Toroparu through to production. Management expects to advance the project to production within three-four years. An updated PEA is expected next month. Note that Toroparu is one of the largest undeveloped gold projects in the Americas.

Shares are trading at a 60% discount relative to junior gold producers. Sector multiples are down 13% since our previous report in May; we are expecting a bump in valuations this year from higher gold prices.

Want to learn more about Gran Colombia Gold? Read the full report: https://www.researchfrc.com/gran-colombia-gold-corp-tsx-gcm-otcqx-tprff-trading-at-1-2x-forward-ebitda-dividend-yield-of-3-9/

*FRC provides issuer paid coverage.
*Past performance is not indicative of future results