Aris Mining Corp T.ARIS

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

Metals & Mining Gold

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

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Post by gottschlichon May 05, 2021 6:11am

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Post# 33130278

GCM | Asset calc actually & after assumed GLDX acquisition

Dear all,
...made again some number crunching - kindly find below my rough but surprising GCM asset calculations for now and after an assumed GLDX acquisition. All data from yesterday´s market close.
I personally hope very much for both sides (GCM & GLDX) that this deal gets the acceptance of the majority on both sides and will be realized and developed for the benefit of both:

ACTUALLY ROUGH ASSET CALCULATION
Value per GCM share (based on 61.6 Mio shares)	Share price of owned company	% share of owned companies / net cash
0.549 CAD	3.460 CAD	18.0 % of Gold X Mining Corp. (Toroparu/Sandspring, Guyana)
2.171 CAD	2.190 CAD	44.3 % of Aris Gold (Marmato Deep + Juby (Abitibi Greenstone Belt,Ontario)
0.231 CAD	0.570 CAD	27.3 % of Denarius Silver (Zancudo/Col.+Guia Antigua/Guy.+Lomero/Spain)
0.034 CAD	0.070 CAD	25.8 % of Western Atlas (Meadowbank,Nunavut/Can. + Venezuela Claims)
0.666 CAD		Net Cash (Q4/2020): ~41 Mio. CAD
3.650 CAD		TOTAL value of owned companies + net cash
1.390 CAD		Derived market valuation p. share for 100%-owned SEGOVIA
5.040 CAD		Actual GCM share price (61.6 mio shares float)
310,464,000 CAD		Actual GCM mkt cap (61.6 mio shares float)

SIMULATION: The GLDX acquisition will NOT destroy any value for both sides.
Value per GCM share (based on 105 Mio. shares)	Share price of owned company	% share of owned companies / net cash
1.770 CAD	3.460 CAD	100.0 % owned Gold X Mining Corp. (Toroparu/Sandspring, Guyana)
1.274 CAD	2.190 CAD	44.3 % of Aris Gold (Marmato Deep + Juby (Abitibi Greenstone Belt, Ontario)
0.135 CAD	0.570 CAD	27.3 % of Denarius Silver (Zancudo/Col.+Guia Antigua/Guy.+Lomero/Spain)
0.020 CAD	0.070 CAD	25.8 % of Western Atlas (Meadowbank,Nunavut/Can. + Venezuela Claims)
0.390 CAD		Net Cash (Q4/2020): ~41 Mio. CAD
3.589 CAD		TOTAL value of owned companies + net cash
1,451 CAD		Derived market valuation p. share for 100%-owned SEGOVIA
5,040 CAD		Assumed GCM share price after GLDX acquisition (105 Mio. shares float)
529.200.000 CAD		Assumed GCM mkt cap after GLDX acquisition (105 Mio. shares float)