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 > Yess another 225 k cancelled

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Comment by invest234on Dec 29, 2021 11:55am

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Post# 34267816

RE:RE:RE:RE:RE:Yess another 225 k cancelled

that is a good point. buying back debt saves only 6.875%.
compared to buying back shares saves 3.5%, decreases dilution, increases earnings per share, keeps away the shorters, and provides support when the market goes crazy.

the second option buys a lot more. just reducing dilution is good reason enough, the other stuff is a bonus.

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