PRECIOUS METALS

Aris continues to grow with GCM reverse takeover

GCM Mining is to acquire all the outstanding Aris Gold shares it does not already hold in a C$560 million no premium reverse takeover which will be named Aris Gold and led by Ian Telfer as chair and Neil Woodyer as CEO.

Paul Harris in Medellin, Colombia
GCM Mining's Segovia operations in Antioquia, Colombia

GCM Mining's Segovia operations in Antioquia, Colombia

GCM currently owns 44.3% of Aris. Under the terms of the no premium transaction, all Aris shares not held by GCM will be exchanged at a ratio of 0.5 of a share of GCM for each Aris share. The boards of...

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