Core Viewpoint - Aris Mining Corporation is set to release its Q3 2025 financial results on October 29, 2025, followed by a conference call on October 30, 2025, to discuss these results [1][2]. Company Overview - Aris Mining was founded in September 2022 with a focus on becoming a leading gold mining company in Latin America, emphasizing production, cash flow generation, and transformational growth through asset expansions and exploration [4]. - The company operates two underground gold mines in Colombia, the Segovia Operations and the Marmato Complex, which produced a total of 210,955 ounces of gold in 2024 [5]. - Aris Mining aims to increase its annual production rate to over 500,000 ounces of gold, supported by the commissioning of a second mill at Segovia and the construction of the Bulk Mining Zone at Marmato [5]. Growth Strategy - The company is pursuing partnerships with Colombia's small-scale mining sector to promote safe and environmentally responsible operations that benefit local communities [6]. - Aris Mining is also focused on acquisitions and other growth opportunities to enhance value through scale and diversification [7]. Project Developments - The Soto Norte joint venture, in which Aris Mining holds a 51% stake, has completed a Preliminary Feasibility Study (PFS) confirming its potential as a high-quality, long-life project with strong economics [5]. - In Guyana, the company is advancing the Toroparu gold/copper project, with a new Preliminary Economic Assessment (PEA) currently underway [5].

Core Points - Western Midstream Partners, LP has completed the acquisition of Aris Water Solutions, Inc, enhancing its position as a leading midstream flow-assurance provider in the Delaware Basin [2][3] - The merger allows Western Midstream to better address the challenges faced by producer customers in Texas and New Mexico regarding produced-water management [2] Acquisition Details - Each share of Aris Class A common stock and corresponding units was converted into either 0.625 common units of WES, $25.00 in cash, or a combination of 0.450 common units and $7.00 in cash [2][3] - Approximately 28% of the total merger consideration will be in cash, totaling $415.0 million, while about 72% will be in common units, amounting to approximately 26.6 million units [3] Company Overview - Western Midstream operates midstream assets across Texas, New Mexico, Colorado, Utah, and Wyoming, focusing on natural gas and produced water management [4] - The company’s cash flows are largely protected from commodity price volatility through fee-based contracts, providing stability in operations [4]

Core Points - Western Midstream Partners, LP (WES) and Aris Water Solutions, Inc. (Aris) announced preliminary results of elections made by Aris securityholders regarding the merger consideration in connection with WES's acquisition of Aris [1] Company Summary - The merger consideration is part of the pending acquisition transaction between WES and Aris, as outlined in the Agreement and Plan of Merger dated August 6, 2025 [1]

Core Viewpoint - Western Midstream Partners, LP (WES) is acquiring Aris Water Solutions, Inc. (Aris), with preliminary results indicating significant interest from Aris securityholders in the merger consideration options available [1][2]. Merger Consideration Details - Aris securityholders can choose from three forms of merger consideration: (i) 0.625 WES Common Units, (ii) a combination of $7.00 in cash and 0.450 WES Common Units, or (iii) $25.00 in cash, with the total cash consideration capped at $415.0 million [2][3]. - Approximately 26.6 million WES Common Units will be issued, and $415.0 million in cash will be distributed to Aris securityholders as part of the merger consideration [3][4]. Election Results - As of the election deadline, holders of 9,589,105 shares of Aris Class A Common Stock and 4,289,350 Aris OpCo Stapled Units opted for the Common Unit Election Consideration [6]. - Holders of 1,901,249 shares of Aris Class A Common Stock and 9,304,608 Aris OpCo Stapled Units selected the Mixed Election Consideration [6]. - A total of 21,247,291 shares of Aris Class A Common Stock and 12,873,151 Aris OpCo Stapled Units were elected for the Cash Election Consideration [6]. Additional Information - The final certified results of the election process will be available shortly before the transaction closes, and the final allocation of the merger consideration will be calculated according to the Merger Agreement [4][5]. - No fractional WES Common Units will be issued; instead, cash will be provided for any fractional amounts [4].

Core Insights - Aris Mining Corporation has completed the sale of its Juby Gold Project in Ontario, Canada, to McFarlane Lake Mining Limited for a total consideration of US$22 million, which includes US$13.2 million in cash and 82,023,746 common shares of McFarlane [1][2] Company Strategy - The sale aligns with Aris Mining's strategy to focus on high-growth gold operations and development projects in Colombia and Guyana [2] - The company aims to unlock value through scale and diversification, blending current production with transformational growth [3] Production and Operations - Aris Mining operates two underground gold mines in Colombia, the Segovia Operations and the Marmato Complex, which produced 210,955 ounces of gold in 2024 [4] - The company targets an annual production rate of over 500,000 ounces of gold, with expansions underway at both Segovia and Marmato [4] - Aris Mining also operates a 51% owned joint venture, Soto Norte, which has a completed PFS study confirming its robust economics [4] Future Projects - In Guyana, Aris Mining owns the Toroparu gold/copper project, where a new Preliminary Economic Assessment (PEA) is currently underway [4] - The company is actively pursuing partnerships with Colombia's small-scale mining sector to enable safe and environmentally responsible operations [5]

Group 1: Fund Performance - Artisan Global Discovery Fund's Investor Class APFDX returned 10.84%, Advisor Class APDDX posted 10.83%, and Institutional Class APHDX returned 10.93% in Q2 2025, compared to an 11.84% return for the MSCI All Country World Small Mid Index [1] - Global markets experienced volatility in Q2 2025, with a shift from double-digit declines to gains following President Trump's tariff announcements and subsequent suspension [1] Group 2: Company Focus - Aris Water Solutions, Inc. - Aris Water Solutions, Inc. (NYSE:ARIS) is highlighted as a stock of interest, with a one-month return of 1.89% and a 52-week gain of 58.96%, closing at $23.78 per share with a market capitalization of $1.407 billion on September 05, 2025 [2] - Aris Water Solutions, Inc. was among the top detractors for the fund, impacted by lower oil prices and macroeconomic uncertainty, despite better-than-expected quarterly results and guidance [3] - The company provides full-cycle water handling and recycling solutions in the Permian Basin, focusing on the Delaware Basin, where the water-to-oil ratio is notably high [3]

Core Points - Western Midstream Partners, LP (WES) is acquiring Aris Water Solutions, Inc. (Aris) [1] - The deadline for Aris securityholders to elect their preferred form of merger consideration is set for 5:00 p.m. New York time on October 7, 2025 [1]

Core Viewpoint - Western Midstream Partners, LP (WES) is set to acquire Aris Water Solutions, Inc. (Aris), with the election deadline for Aris securityholders to choose their merger consideration established for October 7, 2025, and the transaction expected to close on October 15, 2025, pending stockholder approval and customary closing conditions [2][5]. Group 1: Transaction Details - The merger consideration options for Aris securityholders include: (i) 0.625 WES common units, (ii) a combination of $7.00 in cash and 0.450 WES common units, or (iii) $25.00 in cash, with the total cash consideration capped at $415.0 million [5][6]. - Aris securityholders who do not submit a completed election form by the deadline will automatically be deemed to have chosen the common unit election consideration [6]. - The expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act on September 26, 2025, is a significant milestone for the transaction [9]. Group 2: Company Profiles - Western Midstream Partners, LP is a master limited partnership focused on developing, acquiring, owning, and operating midstream assets across several states, including Texas and New Mexico, with a business model that minimizes exposure to commodity price volatility through fee-based contracts [10]. - Aris Water Solutions, Inc. specializes in environmental infrastructure and solutions, providing full-cycle water handling and recycling services aimed at enhancing sustainability for energy companies, particularly in the Permian Basin [12].

Group 1 - Halper Sadeh LLC is investigating First Savings Financial Group, Inc. for potential violations related to its sale to First Merchants Corporation at a rate of 0.85 shares of First Merchants common stock for each share of First Savings common stock [1] - Aris Water Solutions, Inc. is being investigated for its sale to Western Midstream Partners, LP, which offers either 0.625 common units of Western for each Aris share or $25.00 per share in cash [2] - The firm may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]

Core Points - Aris Mining Corporation has successfully brought all 23 workers to the surface following the La Reliquia Mine shaft collapse [1] Company Summary - The incident occurred at the La Reliquia Mine, and all workers who were underground at the time have been accounted for and safely evacuated [1]