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Stock impact report

ARIS MINING COMPLETES SALE OF JUBY GOLD PROJECT [Yahoo! Finance]

Aris Mining Corporation Common Shares (ARMN) 
Company Research Source: Yahoo! Finance
Company) (TSX: ARIS) (NYSE-A: ARMN) announces that it has completed the previously disclosed sale of its Juby Gold Project and related interests in Ontario, Canada, to McFarlane Lake Mining Limited (McFarlane) for total consideration of US$22 million, receiving US$13.2 million in cash and 82,023,746 common shares of McFarlane (representing 19.9% of McFarlane's post-financing share capital on a non-diluted basis, issued at C$0.15 per share). Aris Mining Corporation logo (CNW Group/Aris Mining Corporation) This sale transaction aligns with Aris Mining's strategy to focus on its high-growth gold operations and development projects in Colombia and Guyana. About Aris Mining Founded in September 2022, Aris Mining was established with a vision to build a leading Latin America-focused gold mining company. Our strategy blends current production and cashflow generation with transformational growth driven by expansions of our operating assets, exploration and development projects. Aris M Show less Read more
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