Aris Mining Corp T.ARIS

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

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

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Comment by tkirk62on Sep 22, 2017 4:13pm

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Post# 26732711

RE:RE:RE:RE:9rookie

You buy the debentures in "face values" of $1000 USD. So essentially 1 debenture is $1000 USD at par, but right now is trading at about $920 USD (so it is cheap). The debenture is convertible to common stock at $1.95 USD (which is roughly $2.45 Canadian).

$1000 USD/$1.95 USD = ~513 shares of common stock upon conversion sometime down the road. Until the stock price is above ~$2.45 you just collect interest, just the same as a dividend.

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