Aris Mining Corp. T.ARIS

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

Metals & Mining Gold

Aris Mining Corporation is a gold producer in the Americas. The Company is engaged in operating two mines with expansions underway in Colombia. The Segovia Operation is located in the Segovia-Remedios mining district in the department of Antioquia, Colombia, approximately 180 kilometers (km) northeast of Medellin. The Segovia Operations comprises four active underground gold mining operations, which include El Silencio, Sandra K, Providencia, and Carla. It has over 11 titles with a total area of 5,335.58 hectares (ha). The Marmato underground gold mine is located on the west side of the town of Marmato, in Marmato municipality of Caldas Department, in the Republic of Colombia, approximately 80 km from Medellin and 200 km northwest of the capital city of Bogota. The Company is also the operator and 51% owner of the Soto Norte Project, which is advancing to develop a new underground gold, silver and copper mine. In Guyana, it is advancing the Toroparu, a gold/copper project.

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Aris Mining Corp. > Zancudo

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Comment by menoalittleon Sep 24, 2020 6:35pm

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Post# 31617850

RE:RE:RE:RE:RE:RE:RE:Zancudo

>> 88,199,912 (of which GCM will apparently own about 38%)

btw, if you multiply the 33,666,666 shares that GCM will end up owning times the 0.07 cost per unit that ESV did the placement for about 3 weeks ago, the value of GCM's equity holding in ESV would look more like 2.5 million (less than the cash price they're intending to put up for shares, without warrants attached.)

So... where's all the value that's going to get added to GCM's balance sheet if ESV gets hammered by the market back down to its Aug. 31 placement value?

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