Aris Mining Alerts Warrant Holders of Approaching Expiry Date

Aris Mining Alerts Warrant Holders of Approaching Expiry



Aris Mining Corporation, traded on the TSX under the symbol ARIS, has issued a crucial reminder to holders of its TSX-listed warrants (ARIS.WT.A) regarding their impending expiry. Investors are advised that the warrants will officially expire at the close of markets on July 29, 2025, and any remaining unexercised warrants will become void at that time. With an effective exercise price set at C$5.50 per share, and current shares trading significantly higher at C$9.46 as of July 8, 2025, warrant holders stand to benefit from exercising their options before the deadline.

So far, approximately 48.2% of these warrants have been exercised, resulting in proceeds of C$77 million (around US$56 million) for Aris Mining. Should all remaining warrants be exercised, the company anticipates an additional influx of C$83 million (around US$61 million) in capital.

Neil Woodyer, CEO of Aris Mining, commented on the significance of this expiry, stating, "This upcoming expiry represents the last step in simplifying our capital structure. Since our formation in September 2022, we have been working to eliminate legacy convertible instruments, creating a more streamlined share structure without overhangs. The strong cash flows from our operations and the proceeds from these warrant exercises have bolstered our balance sheet, contributing to a cash position exceeding US$310 million as of June 30."

Important Note for Warrant Holders


Warrant holders interested in exercising their options must reach out to their brokers or financial advisors to allow adequate time for processing. It is essential to note that brokerage firms may enforce earlier cut-off times for exercise instructions, so confirmation of deadlines applicable to individual accounts is crucial.

Warrant Exercise Summary


The following table provides a summary of the warrants:

Warrants Underlying Shares Proceeds from Exercise (C$ million)
--- ---- -------
Originally outstanding 58,168,755 160.0
Total exercised to July 7, 2025 28,008,776 77.0
% Exercised 48.2%
Current outstanding 30,159,979 83.0

Each warrant allows the holder to purchase half a common share at an exercise price equivalent to C$5.50 for two warrants.

About Aris Mining


Established in September 2022, Aris Mining is focused on building a prominent gold mining company in Latin America. Its operational strategy involves blending current production and cash flow generation with transformative growth through expansion and innovative exploration projects. The company operates two underground gold mines in Colombia: the Segovia Operations and the Marmato Complex, which together produced 210,955 ounces of gold in 2024. With expansions in progress, Aris Mining aims to ramp up to an annual production rate exceeding 500,000 ounces of gold by 2026.

In addition to these ventures, Aris Mining is also exploring the Soto Norte joint venture project and the Toroparu gold/copper project in Guyana, both with promising development plans that are set to yield results in Quarter 3 of 2025.

Aris Mining actively seeks partnerships within Colombia's dynamic small-scale mining sector, emphasizing safe, legal, and environmentally sustainable practices that benefit local communities and the industry alike. The company is dedicated to exploring acquisitions and growth opportunities to enhance value through diversification and scalability.

For more information, visit Aris Mining's official website.

Forward-Looking Information


This article may contain forward-looking statements in accordance with Canadian securities legislation. Such statements are subject to certain risks and uncertainties that could lead to actual results differing from those anticipated. Readers are cautioned not to place undue reliance on any forward-looking information presented.

Topics Financial Services & Investing)

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