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 baystock1on Mar 03, 2018 5:47pm

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Post# 27656900

RE:RE:RE:RE:New debt offer with warrants at CAD 2.20 is too generous

It was never GCM's intention to pay off debts thru massive share dilution of existing shareholders. If you are looking for a debt free company that pays dividends, you should switch to owning McEwen mining where that is one of their corporate goals.

https://s21.q4cdn.com/834539576/files/2018Special/GCM-180129-Information-Circular-(Gold-Notes)-FINAL.pdf

Q: Why should I support the Resolution?

A: The Corporation has proposed the Offering for the following reasons:

Simplified Capital Structure – By approving the Resolution, Shareholders will enable to the Corporation to have just one long-term debt instrument.
Enhance Shareholder Value – This is done by capping the potential dilution to existing Shareholders, through exercise of the Warrants, at up to 18.8 million additional Shares compared to a range of 18.7 million to 72.1 million additional Shares underlying the Outstanding Debentures.
Operational Flexibility – The terms and covenants of the new Notes also provide the Corporation with improved operating flexibility to execute on its strategy and business plans.