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Aris Mining Corp T.ARIS

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

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.


TSX:ARIS - Post by User

Bullboard Posts
Comment by ChupacabraBuenoon Jul 10, 2018 12:13pm
112 Views
Post# 28293550

RE:Glad to see all you guys are confident

RE:Glad to see all you guys are confident
9rookie wrote: how many new shares are we talking about in august when the debt is converted?


The company can settle in cash or shares at their discretion if the SP is above the US$1.95 level. Otherwise at  least 19% are paid in cash.

So we won't  know how many new shares (if any) are issued until the time comes. I expect it to be very positive regardless as much of the potential for dilution goes away.. 
Bullboard Posts