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Aris Mining Corp. T.ARIS

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

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 Ricolocoon Oct 04, 2022 10:41am
224 Views
Post# 35003912

RE:RE:RE:RE:Stock Price

RE:RE:RE:RE:Stock PriceNot true termic1 !!! On exchange date Aris Gold was $1.14 US or $1.55 CDN. So on conversion date your shares in Aris Gold would have been half of GMC Mining which was $3.11. The share price of Aris Mining when you claimed you were down $1000 was $3.75!!! You are up $0.64 CDN for each consolidated new share of Aris Mining. The issue is that some brokerages have not had the conversions updated including the names and symbols , this can take up to 10 business days. To make it more confusing some of the changes are half done, normal course merger conversion necessities. In my particular situation it's still showing a valuation as of transition date using $3.11 despite it actually being $3.75. So you are up $0.32 on each pre transition share of Aris Gold. I can understand your frustration but take the time to understand what transpired. IMHO the new shares should have had a completely new name rather than amalgamation of two company names. So cheer up man you're making money since the transition.
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