ARIS MINING COMMENTS ON RECENT SHARE PRICE VOLATILITY

Core Viewpoint - Aris Mining Corporation is experiencing share price volatility due to Mubadala Investment Company's sale of its entire stake, comprising 15.75 million common shares, to institutional investors through a block trade [1][2][3] Company Overview - Aris Mining was founded in September 2022 with a focus on becoming a leading gold mining company in Latin America, aiming for value creation through production, cash flow generation, and growth via asset expansions and exploration [4] - The company operates two underground gold mines in Colombia, the Segovia Operations and the Marmato Complex, which produced 210,955 ounces of gold in 2024 [5] Recent Developments - The shares held by Mubadala became free trading in late June 2025, following a one-year hold period after the Soto Norte transaction, which has led to a more diversified shareholder base [3] - The completion of the block trade and the expiry of exchange-traded warrants have removed significant overhangs for the company [3] Future Plans - Aris Mining is advancing the Pre-Feasibility Study for the Soto Norte project, with results expected in September 2025 [3] - The company is targeting an annual production rate of over 500,000 ounces of gold, with expansions at Segovia and the Marmato Complex expected to ramp up production in H2 2025 and H2 2026, respectively [5] - A new Preliminary Economic Assessment (PEA) for the Toroparu gold/copper project in Guyana is also underway, with results anticipated in Q3 2025 [5] Strategic Partnerships - Aris Mining is actively pursuing partnerships with Colombia's small-scale mining sector to promote safe, legal, and environmentally responsible operations that benefit local communities [6]