MMCAP International Inc. SPC and MM Asset Management Inc. report collective beneficial ownership of 7,815,142 Common Shares, representing 3.8%, as of the Event Date March 31, 2026. The filing states the issuer had 206,314,294 Common Shares outstanding as of March 17, 2026. The Adviser is identified as the investment manager of the Fund and may be deemed to beneficially own the shares directly held by the Fund; each Reporting Person disclaims ownership of shares they do not directly beneficially own.
Positive
None.
Negative
None.
Insights
Disclosure clarifies passive ownership under a 13G amendment.
The filing records a 3.8% beneficial stake held jointly by MMCAP International Inc. SPC and MM Asset Management Inc. as of March 31, 2026. The percentage is calculated against 206,314,294 shares outstanding noted in the issuer's March 17, 2026 disclosure.
The statement frames the position as managed by an adviser and uses standard disclaimer language about beneficial ownership. Future filings may report changes in shared voting or dispositive power if the holders alter their position.
Key Figures
Shares owned by Reporting Persons:7,815,142 sharesPercent of class:3.8%Shares outstanding:206,314,294 shares
3 metrics
Shares owned by Reporting Persons7,815,142 sharesBeneficial ownership reported as of <date>March 31, 2026</date>
Percent of class3.8%Calculated using 206,314,294 shares outstanding as of <date>March 17, 2026</date>
Shares outstanding206,314,294 sharesIssuer's outstanding share count per Management Information Circular as of <date>March 17, 2026</date>
Key Terms
Schedule 13G/A, Beneficial ownership, Shared dispositive power
3 terms
Schedule 13G/Aregulatory
"Amendment No. 6 ) Aris Mining Corporation Common Shares"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficial ownershipfinancial
"The Fund directly beneficially owns the Common Shares reported in this Statement"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Shared dispositive powerregulatory
"Shared Dispositive Power 7,815,142.00"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 6)
Aris Mining Corporation
(Name of Issuer)
Common Shares, no par value
(Title of Class of Securities)
04040Y109
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
04040Y109
1
Names of Reporting Persons
MMCAP International Inc. SPC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
7,815,142.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
7,815,142.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,815,142.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.8 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Segregated portfolio company
SCHEDULE 13G
CUSIP Number(s):
04040Y109
1
Names of Reporting Persons
MM Asset Management Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ONTARIO, CANADA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
7,815,142.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
7,815,142.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,815,142.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.8 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Aris Mining Corporation
(b)
Address of issuer's principal executive offices:
Suite 2400 - 1021 West Hastings St. Vancouver, A1, V6E 0C3
Item 2.
(a)
Name of person filing:
This Schedule 13G is filed by the following (the "Reporting Persons"): (1) MMCAP International Inc. SPC (the "Fund"); and (2) MM Asset Management Inc. (the "Adviser"). The Fund is a private investment vehicle. The Fund directly beneficially owns the Common Shares reported in this Statement. The Adviser is the investment manager of the Fund. The Adviser may be deemed to beneficially own the Common Shares directly beneficially owned by the Fund. Each Reporting Person disclaims beneficial ownership with respect to any Common Shares other than the Common Shares directly beneficially owned by such Reporting Person.
(b)
Address or principal business office or, if none, residence:
The principal business office of the Fund is c/o Mourant Governance Services (Cayman) Limited, 94 Solaris Avenue, Camana Bay, P.O. Box 1348, Grand Cayman, KY1-1108, Cayman Islands. The principal business office of the Adviser is 161 Bay Street, TD Canada Trust Tower Suite 2240, Toronto, ON M5J 2S1 Canada.
(c)
Citizenship:
For citizenship or place of organization see Item 4 of the cover page of each Reporting Person.
(d)
Title of class of securities:
Common Shares, no par value
(e)
CUSIP No.:
04040Y109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See Item 9 on the cover page for each Reporting Person, and Item 2, which information is given as of the close of business on the Event Date of March 31, 2026.
(b)
Percent of class:
See Item 11 on the cover page for each Reporting Person. The percentages of beneficial ownership contained herein are based on 206,314,294 Common Shares outstanding as of March 17, 2026, as reported in the Issuer's 2026 Management Information Circular attached as Exhibit 99.1 to the Issuer's Form 6-K filed with the SEC on March 31, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Item 5 on the cover page for each Reporting Person.
(ii) Shared power to vote or to direct the vote:
See Item 6 on the cover page for each Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
See Item 7 on the cover page for each Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
See Item 8 on the cover page for each Reporting Person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
MMCAP and its adviser report beneficial ownership of 7,815,142 shares (directly held by the Fund). This equals 3.8% of the company's 206,314,294 shares outstanding as referenced in the filing and the issuer's March 17, 2026 disclosure.
Does MM Asset Management directly own the Aris Mining shares?
The filing states the Fund directly owns the shares and the Adviser is the Fund's manager. MM Asset Management may be deemed to beneficially own those shares because it manages the Fund; each Reporting Person also disclaims ownership of shares they do not directly own.
What dates anchor the ownership and outstanding share counts?
Beneficial ownership is reported as of the Event Date March 31, 2026. The outstanding share base of 206,314,294 Common Shares is taken from the issuer's disclosure dated March 17, 2026, as cited in the filing.
Does this Schedule 13G/A indicate activist intent or voting control?
No explicit activist intent or unilateral control is stated. The filing shows shared voting and dispositive power for the Reporting Persons and includes standard disclaimers; it does not assert any change in voting policy or control actions in the provided excerpt.
