RE:Announcement TodayI believe these filings are to allow the Company to issue equity/debt whenever needed. Interesting it came after last week's record volume on the NYSE.
I have noticed the "tell" to know if there's a financing coming is if a stock suddenly surges with no news. It seems those conducting the financing on behalf of a Company drive the stock higher to make the placement price more attractive.
It's apparent to me after CEE.TO was bought out for $3 Billion that Aris is a screaming take over target today. Centamin is producing 450k ounces per year at AISC similar to Aris today (and the future). Aris has much more resources but with a present market cap of US $850 Million, I'd think it far better to offer $1 to $1.2 Billion now than to pay $3 - $4 Billion for it in 2026.