Mr. Oliver Dachsel reports

ARIS MINING ANNOUNCES PRICING OF US$450 MILLION SENIOR NOTES OFFERING TO FUND REDEMPTION OF OUTSTANDING 6.875% SENIOR NOTES

Aris Mining Corp. has priced its offering of $450-million (U.S.) aggregate principal amount of 8.000 per cent senior notes due 2029. The offering is expected to close on or about Oct. 31, 2024. Aris Mining 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 has issued 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.

The notes will be offered and sold in the United States only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act of 1933, as amended, and to non-U.S. persons outside the United States in reliance on Regulation S under the securities act. The notes will be offered and sold in Canada on a private placement basis pursuant to certain prospectus exemptions.

About Aris Mining Corp.

Aris Mining 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 Mining 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 Q1 2025 and the Marmato Lower mine's first gold pour in late 2025. Aris Mining 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 Mining is advancing Toroparu, a gold/copper project. Aris Mining intends to pursue acquisitions and other growth opportunities to unlock value through scale and diversification.

Aris Mining 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.