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 > GCM Mining To Acquire Aris Gold At No Premium To Market

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Comment by profittaker1on Jul 25, 2022 4:26pm

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Post# 34849299

RE:RE:RE:RE:GCM Mining To Acquire Aris Gold At No Premium To Market

That doesn't make sense rotax1. If they bought back shares, the ratio would have been more in GCM's favor. Eg. $4 GCM $1.65 ARIS would have been roughly 2.4 ARIS shares for 1 share of GCM. Both companies were probably restricted from share buy backs as the deal was being negotiated so they couldn't manipulate their share prices.

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