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

Core Viewpoint - Aris Mining Corporation is pricing an offering of US$450 million in Senior Notes to fund the redemption of existing debt and for general corporate purposes [1][2]. Group 1: Financial Offering - The company is offering US$450 million aggregate principal amount of 8.000% Senior Notes due 2029, expected to close around October 31, 2024 [1]. - The net proceeds from the offering will be used to redeem the outstanding 6.875% Senior Notes due 2026 and for working capital [1]. - A conditional notice of redemption for the 2026 Notes has been issued, contingent upon the successful completion of the new offering [1]. Group 2: Company Overview - Aris Mining is a gold producer operating two mines in the Americas, with a production of 226,000 ounces of gold in 2023 [3]. - The company aims to increase its production rate to approximately 500,000 ounces of gold per year by the second half of 2026, following expansions at its Segovia and Marmato mines [3]. - Aris Mining is also involved in a joint venture for the Soto Norte project and is advancing the Toroparu gold/copper project in Guyana [3]. Group 3: Industry Practices - The company promotes the formalization of traditional miners into contract mining partners to ensure legal, safe, and responsible mining practices [4].