Core Viewpoint - Aris Mining Corporation has successfully completed a US450 million due to strong investor demand, with a pricing significantly below the market range of 8.25% to 8.50% [2]. - The net proceeds will be used to redeem existing 6.875% Senior Notes due in 2026 and for general corporate purposes [1][2]. Group 2: Company Operations - Aris Mining operates two gold mines in Colombia, Segovia and Marmato, producing 226,000 ounces of gold in 2023 [3]. - The company targets a production rate of approximately 500,000 ounces of gold per year by the second half of 2026, following expansions at its operations [3]. - Aris Mining is also advancing the Toroparu gold/copper project in Guyana and exploring acquisitions for growth [3]. Group 3: Strategic Initiatives - The company promotes the formalization of traditional miners into contract mining partners to ensure legal and responsible mining practices [4].
ARIS MINING ANNOUNCES CLOSING OF US$450 MILLION SENIOR NOTES OFFERING TO FUND REDEMPTION OF OUTSTANDING 6.875% SENIOR NOTES