Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 rotax1on Apr 23, 2021 7:39pm
265 Views
Post# 33060189

gldx warrant Question ?

gldx warrant Question ?


i wondered why gldx and gcm was in such a hurry to make a deal
 
i think is because the warrant exp 6 may 2021
before the proposal   gldx share value was 2.71 $ and now 3.70$
so is 900 000$  profit for the warrant holder versus 0 without proposal
 
( don t forget insider  think of them first)

and what happens to futur warrants

ex :  $4.00 WarrantsExpiring Oct 12, 2022       2.2M gldx share
     it is not the sme as 
         $4.00 WarrantsExpiring Oct 12, 2022       1.52 M gcm share   ( 0.694 gcm for each gldx)
     
imagine you exercise now
                    gldx at 4.10  (    4.10-4 x 2.2 M =   220000$ profit)
                    gcm at 6$     ( 6-4 x 1.52M  =         3 000 000$ profit )

My question do they changes the warrant price????



$1.32 Warrants Expiring Jun 12, 2024     3.4 M
$2.80 Warrants Expiring Aug 27, 2024     4.4M
$3.20 Warrants Expiring Jul 20, 2023        5.00M
$3.36 Warrants Expiring May 6, 2021       2.4M
$4.00 WarrantsExpiring Oct 12, 2022       2.2M

<< Previous
Bullboard Posts
Next >>