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.

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Aris Mining Corp > negotiation

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Comment by Heywood_Silverson Mar 13, 2021 10:48am

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Post# 32792645

RE:RE:RE:RE:RE:negotiation

Well, go ahead and run the numbers. GCM's and Aris's M&I resources pale in comparison to GLDX's elephant-sized resource. You think an elephant is going to come cheap?!

We know the 0.5 share offer was too low. Personally, I would love to get 1:1, but I know that isn't going to happen. So, I'm comfortable with splitting the difference at 0.75.

Matysek & Friedland were brought on board to ensure that we get fair value in any acquisiton. Whatever the ultiamate ratio ends up being, we all know it will be accretive to GCM shareholders, so it would be a win-win.

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