Prnewswireยท2025-07-09 09:00Core Viewpoint - Aris Mining Corporation is reminding warrant holders that their TSX-listed warrants will expire on July 29, 2025, and any unexercised warrants will become void [1][2]. Warrant Exercise Summary - The warrants are currently "in-the-money" with an effective exercise price of C$5.50 per share, compared to a closing share price of C$9.46 on July 8, 2025 [2]. - Approximately 48.2% of the warrants have been exercised, generating C$77.0 million (approximately US$56 million) for the company [2][5]. - If all remaining outstanding warrants are exercised, Aris Mining would receive an additional C$83.0 million (approximately US$61 million) [2][5]. Financial Position - The CEO of Aris Mining stated that the expiry of the warrants simplifies the capital structure, eliminating legacy convertible instruments and resulting in a stronger balance sheet with over US$310 million in cash as of June 30 [3]. Company Overview - Aris Mining was founded in September 2022, focusing on becoming a leading gold mining company in Latin America, combining current production with growth through expansions and exploration [6]. - The company operates two underground gold mines in Colombia, targeting an annual production rate of over 500,000 ounces of gold following recent expansions [7][9]. Future Plans - Aris Mining is pursuing acquisitions and growth opportunities to enhance value through scale and diversification [10].