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Aris Mining Corp. T.ARIS

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

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.


TSX:ARIS - Post by User

Comment by invest234on Jul 25, 2022 1:20pm
173 Views
Post# 34848646

RE:RE:RE:GCM & Aris Gold Combine! Wow!

RE:RE:RE:GCM & Aris Gold Combine! Wow!oh well, no more div. the original purpose of div was to boost share price which it did at first but is no longer doing that anymore. saving div adds cash back to the company making financials look better, reduces risk of needing cash, plus extra $10 mil saving on g&a.

i was paying high tax on that div anyway. capital gain is more tax efficient in unsheltered accounts. the capital gain from share price rise today is already higher than an entire year of divs of 18 cents.

canuckman1 wrote: Hi Stratochief,

it stated in the NR that the new combined company would no longer be offering a dividend but using those monies to grow the company instead.

Canuckman




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