Aris Mining Corp. T.ARIS

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

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.

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Comment by baystock1on Oct 21, 2012 4:15pm

171 Views

Post# 20508085

RE: Comment on warrants.

>>I read of several companies making changes to their warrants but I quickly learned that was only possible if it was a warrant that is not listed and traded. If traded, the company can not change one thing. Thus, Sprott feels this stock is going nrthof $2.60 by expiration date.<<

I agree that the only plausible explanation at the moment appears to be that with an exercise price of $2.60 the warrant buyers are making a calculated bet that the share price will exceed approx. $4 by aug, 2015. BTW, this is also my expectation based on the imminent closing of a $120 million gold linked debt financing to expand Sergovia production to 200,000 oz per year and the strong probability of Marmato becoming a 20+ million oz gold deposit before the warrants expire and that it can be developed into a mine using the cash flow proceeds from Sergovia.

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