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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

Post by menoalittleon Apr 01, 2021 12:00pm
183 Views
Post# 32923133

And then there's these dividend and buyback issues...

And then there's these dividend and buyback issues... Regardless of the share count increasing should the acquisition of Toroparu be successful, evidently they are committed to the dividend program. Or for that matter, to the (not to be under estimated impact of) share buyback program.

btw, perhaps this also helps explain why there is no "blackout" period of time around news releases where the company restricted estricted from buying back shares.  seems they have quite effectively put a (rather comforting) floor in on the share price.  In other words... anytime it's such and such a price, evdiently they are in there buying all they are allowed to.   

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The Company is committed to its dividend program at the current monthly rate of CA$0.015 per share and expects to continue to repurchase common shares, within certain price ranges, for cancellation under its NCIB to support continued value creation for its shareholders.
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