05:32:09 EDT Tue 22 Oct 2024
Enter Symbol
or Name
USA
CA



Aris Mining Corp
Symbol ARIS
Shares Issued 170,311,042
Close 2024-10-18 C$ 6.64
Market Cap C$ 1,130,865,319
Recent Sedar Documents

Aris arranges $400M (U.S.) note offering

2024-10-21 16:07 ET - News Release

Mr. Oliver Dachsel reports

ARIS MINING ANNOUNCES LAUNCH OF US$400 MILLION SENIOR NOTES OFFERING TO FUND REDEMPTION OF OUTSTANDING 6.875 per cent SENIOR NOTES

Aris Mining Corp. has commenced an offering of $400-million (U.S.) aggregate principal amount of senior notes due 2029. Aris intends to use the net proceeds from the offering of the notes to finance the redemption of its outstanding 6.875 per cent senior notes due 2026 and for working capital and general corporate purposes.

Pursuant to the terms of the indenture governing the 2026 notes, the company will issue a conditional notice of redemption to redeem the outstanding 2026 notes, which redemption will be conditional upon the successful completion of the offering of the notes.

About Aris Mining Corp.

Aris is a gold producer in the Americas, currently operating two mines with expansions under way in Colombia. The Segovia operations and the Marmato Upper mine produced 226,000 ounces of gold in 2023. Aris is targeting a production rate of approximately 500,000 ounces of gold per year in the second half of 2026, following a ramp-up period after the Segovia mill expansion scheduled for completion in first quarter 2025 and the Marmato Lower mine's first gold pour in late 2025. Aris also operates the 51-per-cent-owned Soto Norte joint venture, where studies are under way on a new, smaller-scale development plan, with results expected in early 2025. In Guyana, Aris is advancing Toroparu, a gold/copper project. Aris intends to pursue acquisitions and other growth opportunities to unlock value through scale and diversification.

Aris promotes the formalization of traditional miners into contract mining partners as this process enables all miners to operate in a legal, safe and responsible manner that protects them and the environment.

We seek Safe Harbor.

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