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 > GCM & Aris Gold Combine! Wow!

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Comment by invest234on Jul 25, 2022 1:20pm

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Post# 34848646

RE:RE:RE:GCM & Aris Gold Combine! Wow!

oh well, no more div. the original purpose of div was to boost share price which it did at first but is no longer doing that anymore. saving div adds cash back to the company making financials look better, reduces risk of needing cash, plus extra $10 mil saving on g&a.

i was paying high tax on that div anyway. capital gain is more tax efficient in unsheltered accounts. the capital gain from share price rise today is already higher than an entire year of divs of 18 cents.

canuckman1 wrote: Hi Stratochief,

it stated in the NR that the new combined company would no longer be offering a dividend but using those monies to grow the company instead.

Canuckman