ARIS MINING REMINDS ARIS.WT.A WARRANT HOLDERS OF UPCOMING EXPIRY
Aris Mining (TSX: ARIS, NYSE-A: ARMN) has announced the upcoming expiry of its TSX-listed warrants (ARIS.WT.A) on July 29, 2025. The warrants are currently in-the-money with an effective exercise price of C$5.50 per share compared to the closing share price of C$9.46 on July 8, 2025.
To date, 48.2% of warrants have been exercised, generating C$77.0 million (US$56 million) in proceeds. If all remaining warrants are exercised, the company would receive an additional C$83.0 million (US$61 million). The company's cash position stands at over US$310 million as of June 30, strengthened by warrant exercise proceeds and operational cash flow.
Aris Mining (TSX: ARIS, NYSE-A: ARMN) ha annunciato la prossima scadenza dei suoi warrant quotati alla TSX (ARIS.WT.A) prevista per il 29 luglio 2025. Attualmente, i warrant sono in-the-money con un prezzo di esercizio effettivo di 5,50 C$ per azione, rispetto al prezzo di chiusura delle azioni di 9,46 C$ registrato l'8 luglio 2025.
Ad oggi, è stato esercitato il 48,2% dei warrant, generando proventi per 77,0 milioni di C$ (56 milioni di US$). Se venissero esercitati tutti i warrant rimanenti, la società riceverebbe ulteriori 83,0 milioni di C$ (61 milioni di US$). Al 30 giugno, la posizione di cassa della società supera i 310 milioni di US$, rafforzata dai proventi derivanti dall'esercizio dei warrant e dal flusso di cassa operativo.
Aris Mining (TSX: ARIS, NYSE-A: ARMN) ha anunciado la próxima expiración de sus warrants listados en la TSX (ARIS.WT.A) para el 29 de julio de 2025. Actualmente, los warrants están en el dinero con un precio efectivo de ejercicio de 5,50 C$ por acción en comparación con el precio de cierre de 9,46 C$ al 8 de julio de 2025.
Hasta la fecha, se ha ejercido el 48,2% de los warrants, generando ingresos por 77,0 millones de C$ (56 millones de US$). Si se ejercieran todos los warrants restantes, la compañía recibiría un adicional de 83,0 millones de C$ (61 millones de US$). La posición de efectivo de la empresa es superior a 310 millones de US$ al 30 de junio, fortalecida por los ingresos del ejercicio de warrants y el flujo de caja operativo.
Aris Mining (TSX: ARIS, NYSE-A: ARMN)은(는) TSX 상장 워런트(ARIS.WT.A)의 만료일이 2025년 7월 29일임을 발표했습니다. 현재 워런트는 유효 행사 가격 주당 5.50 캐나다 달러에 비해 2025년 7월 8일 종가 9.46 캐나다 달러로 인더머니 상태입니다.
현재까지 워런트의 48.2%가 행사되어 7,700만 캐나다 달러(5,600만 미 달러)의 자금이 조성되었습니다. 남은 워런트를 모두 행사할 경우 회사는 추가로 8,300만 캐나다 달러(6,100만 미 달러)를 확보하게 됩니다. 6월 30일 기준 회사의 현금 보유액은 워런트 행사 수익과 영업 현금 흐름으로 강화되어 3억 1,000만 미 달러 이상에 달합니다.
Aris Mining (TSX : ARIS, NYSE-A : ARMN) a annoncé l'expiration prochaine de ses bons de souscription cotés à la TSX (ARIS.WT.A) prévue pour le 29 juillet 2025. Ces bons sont actuellement dans la monnaie avec un prix d'exercice effectif de 5,50 C$ par action, comparé au cours de clôture de 9,46 C$ au 8 juillet 2025.
À ce jour, 48,2 % des bons ont été exercés, générant des recettes de 77,0 millions de C$ (56 millions de US$). Si tous les bons restants étaient exercés, la société recevrait un supplément de 83,0 millions de C$ (61 millions de US$). La trésorerie de la société s'élève à plus de 310 millions de US$ au 30 juin, renforcée par les recettes issues de l'exercice des bons et le flux de trésorerie opérationnel.
Aris Mining (TSX: ARIS, NYSE-A: ARMN) hat die bevorstehende Fälligkeit seiner an der TSX gelisteten Warrants (ARIS.WT.A) am 29. Juli 2025 bekanntgegeben. Die Warrants sind derzeit im Geld mit einem effektiven Ausübungspreis von 5,50 C$ pro Aktie im Vergleich zum Schlusskurs von 9,46 C$ am 8. Juli 2025.
Bis heute wurden 48,2 % der Warrants ausgeübt, was Einnahmen in Höhe von 77,0 Millionen C$ (56 Millionen US$) generiert hat. Wenn alle verbleibenden Warrants ausgeübt würden, würde das Unternehmen zusätzliche 83,0 Millionen C$ (61 Millionen US$) erhalten. Die Barposition des Unternehmens beträgt zum 30. Juni über 310 Millionen US$, gestärkt durch die Erlöse aus der Ausübung der Warrants und den operativen Cashflow.
- Warrants are significantly in-the-money (C$5.50 exercise price vs C$9.46 share price)
- Strong cash position of over US$310 million as of June 30
- Already received C$77.0 million from warrant exercises
- Potential for additional C$83.0 million from remaining warrant exercises
- Simplification of capital structure with elimination of legacy convertible instruments
- Potential loss of value for warrant holders who fail to exercise before expiry
- Possible selling pressure from new shares issued upon warrant exercise
Insights
Aris Mining's warrant expiry will simplify capital structure and could add US$61M to already strong US$310M cash position.
The upcoming expiry of Aris Mining's ARIS.WT.A warrants represents a significant financial event with positive implications for the company's balance sheet and capital structure. These warrants, currently trading "in-the-money" with an effective exercise price of
The remaining warrant exercises could potentially bring in an additional
The warrant expiry completes a strategic initiative to simplify the company's capital structure by eliminating legacy convertible instruments. This simplification removes potential dilution overhangs that typically create uncertainty for investors regarding future share count and earnings per share impacts. A cleaner capital structure generally improves investor sentiment and potentially supports higher valuation multiples.
For current warrant holders, the
The Warrants are currently "in-the-money", with an effective exercise price of
To date, approximately
Neil Woodyer, CEO of Aris Mining, commented "The upcoming expiry of the Warrants represents the final step in simplifying our capital structure. Since our formation in September 2022, we have progressively eliminated legacy convertible instruments, resulting in a more streamlined share structure with no overhangs. Combined with strong cash flow from operations, the proceeds from warrant exercises have further strengthened our balance sheet, contributing to a cash position of over
Important Note for Investors
Warrant holders who wish to exercise their Warrants should contact their brokers or financial advisors to ensure sufficient time is allowed to complete the process. Please note that brokerage firms may impose earlier cut-off times for exercise instructions, and holders should confirm the deadline applicable to their accounts.
Warrant Exercise Summary
Number of | Underlying | Proceeds from Exercise (C$ million) | ||
Originally outstanding | 58,168,755 | 29,084,377 | ||
Total exercised to July 7, 2025 | 28,008,776 | 14,004,388 | ||
% exercised | 48.2 % | |||
Current outstanding | 30,159,979 | 15,079,989 | ||
________________________ |
1 Each Warrant entitles the holder to purchase 0.5 of a common share at an exercise price of |
About Aris Mining
Founded in September 2022, Aris Mining was established with a vision to build a leading
Aris Mining operates two underground gold mines in
Aris Mining intends to pursue acquisitions and other growth opportunities to unlock value through scale and diversification.
Additional information on Aris Mining can be found at www.aris-mining.com, www.sedarplus.ca, and on www.sec.gov.
Forward-Looking Information
This news release contains "forward-looking information" or forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including, without limitation, statements included in the "About Aris Mining" section of this news release relating to the Segovia Operations, Marmato Complex, Soto Norte Project and Toroparu Project are forward-looking. Generally, the forward-looking information and forward looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The material factors or assumptions used to develop forward looking information or statements are disclosed throughout this news release.
Forward looking information and forward looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward looking statements, including but not limited to those factors discussed in the section entitled "Risk Factors" in Aris Mining's annual information form dated March 12, 2025 which is available on SEDAR+ at www.sedarplus.ca and in the Company's filings with the SEC at www.sec.gov.
Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Company has and continues to disclose in its Management's Discussion and Analysis and other publicly filed documents, changes to material factors or assumptions underlying the forward-looking information and forward-looking statements and to the validity of the information, in the period the changes occur. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information.
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SOURCE Aris Mining Corporation
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