The press release issued by Aris Mining Corporation announced the commencement of an offering of US$400 million aggregate principal amount of Senior Notes due 2029. The company intends to use the net proceeds from this offering to fund the redemption of its outstanding 6.875% Senior Notes due 2026 and for general corporate purposes.
As per the terms of the indenture governing the 2026 Notes, a conditional notice of redemption will be issued by the company subject to the successful completion of the offering of the Notes.
The Notes will be offered and sold in the United States to qualified institutional buyers under Rule 144A of the Securities Act, and to non-U.S. persons outside the United States under Regulation S of the Securities Act. In Canada, the Notes will be offered on a private placement basis in accordance with applicable Canadian prospectus exemptions.
It is important to note that the Notes will not be registered under the Securities Act and cannot be offered or sold in the United States or to U.S. persons without the necessary registration or exemption. This offering does not constitute an offer to sell or a solicitation of an offer to buy the Notes in any jurisdiction where such activities are unlawful.
Aris Mining is a gold producer in the Americas, with operations in Colombia and Guyana. The company aims to increase its gold production to approximately 500,000 ounces per year in the second half of 2026. Aris Mining is also focused on acquiring new opportunities for growth and promoting responsible mining practices.
The press release contains forward-looking statements, which are subject to various risks and uncertainties. Readers are advised to carefully consider these risks and factors discussed in the company’s filings before relying on the forward-looking statements. Aris Mining does not intend to update or revise its forward-looking statements unless required by law.
