Aris Mining Corp T.ARIS

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

Industrial Metals & Minerals

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

Aris Mining Corp

Bullboard Posts

Post by ChupacabraBuenoon Sep 11, 2018 9:23am

116 Views

Post# 28596280

12,151,008 GCM.WT.B (Cdn$2.21 exercise price) outstanding

Today will be 1 week of trading (or not - I haven't seen any trades actually done) for these warrants. The bid and ask are currently $0.85/$1.10. This strikes me as fairly bullish with the warrants currently ten cents out-of-the-money (SP $2.11).

The warrants could (should) create more dilution in the order of over 12 million shares in the months/years ahead. But they'll also bring in about $25 million in cash. So GCM will be on an even more solid financial footing.

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week