ARIS Mining Announces Pricing of US$450 Million Senior Notes Offering to Fund Redemption of Outstanding 6.875% Senior Notes
News Release
TSX: ARIS | NYSE-A: ARMN | aris-mining.com 1
ARIS MINING ANNOUNCES PRICING OF US$450 MILLION SENIOR NOTES
OFFERING TO FUND REDEMPTION OF OUTSTANDING 6.875% SENIOR NOTES
Vancouver, Canada, October 24, 2024 – Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS;
NYSE-A: ARMN) today announces the pricing of its offering of US$450 million aggregate principal amount
of 8.000% Senior Notes due 2029 (the “Notes”). The offering is expected to close on or about October 31,
2024. Aris Mining intends to use the net proceeds from the offering of the Notes to fund the redemption
of its outstanding 6.875% Senior Notes due 2026 (the “2026 Notes”) and for working capital and general
corporate purposes.
Pursuant to the terms of the indenture governing the 2026 Notes, the Company has issued a conditional
notice of redemption to redeem the outstanding 2026 Notes, which redemption will be conditional upon
the successful completion of the offering of the Notes.
The Notes will be offered and sold in the United States only to persons reasonably believed to be qualified
institutional buyers in accordance with Rule 144A under the United States Securities Act of 1933, as
amended (the “Securities Act”), and to non-U.S. persons outside the United States in reliance on Regulation
S under the Securities Act. The Notes will be offered and sold in Canada on a private placement basis
pursuant to certain prospectus exemptions.
The offer and sale of the Notes will not be registered under the Securities Act and the Notes may not be
offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from
the registration requirements of the Securi ties Act and applicable state securities laws. This news release
shall not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any
offer or sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Aris Mining
Aris Mining is a gold producer in the Americas, currently operating two mines with expansions underway in
Colombia. The Segovia Operations and the Marmato Upper Mine produced 226,000 ounces of gold in 2023.
Aris Mining is targeting a production rate of approximately 500,000 ounces of gold per year in the second
half of 2026, following a ramp -up period after the Segovia mill expansion scheduled for completion in Q1
2025 and the Marmato Lower Mine’s first gold pour in late 2025. Aris Mining also operates the 51% owned
Soto Norte joint venture, where studies are underway on a new, smaller scale development plan , with
results expected in early 2025 . In Guyana, Aris Mining is advancing Toroparu, a gold/copper project. Aris
Mining intends to pursue acquisitions and other growth opportunities to unlock value through scale and
diversification.
Aris Mining promotes the formalization of traditional miners into contract mining partners as this process
enables all miners to operate in a legal, safe and responsible manner that protects them and the
environment.
News Release
TSX: ARIS | NYSE-A: ARMN | aris-mining.com 2
For further information, contact:
Oliver Dachsel
Senior Vice President, Capital Markets
+1.917.847.0063
Forward-Looking Information
This news release contains “forward -looking information” or “forward -looking statements” within the meaning of
Canadian and U.S. securities legislation. All statements included herein, other than statements of historical fact,
including, without limitation, statements relating to the completion and timing of this offering and the intended use
of proceeds from this offering, the Company’s plans to redeem the 2026 Notes, project development plans and future
performance, are forward -looking. Generally, the for ward-looking information and forward looking statements can
be identified by the use of forward looking terminology such as “plans”, “expects” or “does not expect”, “is expected”,
“budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, “will continue” or
“believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”,
“would”, “might” or “will be taken”, “occur” or “be achieved”.
Forward looking information and forward looking statements, while based on management’s best estimates and
assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of Aris Mining to be materially different from those expressed
or implied by such forward -looking information or forward looking statements, including but not limited to those
factors discussed in the section entitled “Risk Factors” in Aris Mining’s Annual Information Form dated March 6, 2024
which is available on SEDAR+ at www.sedarplus.ca and in the Company’s filings with the SEC at www.sec.gov. These
factors should be considered carefully, and readers should not place undue reliance on the Company’s forward-looking
statements. The Company has no intention and undertakes no obligation to update or revise any forward -looking
statements, whether as a result of new information, future events or otherwise.