Thursday, October 9, 2025

Latest

Caldas Gold Completes Transition To Aris Gold

Caldas Gold (TSXV: CGC) has completed its previously announced transition to that of Aris Gold. The company this morning revealed that the described management transitions have now occurred, while also announcing its growth strategy for the future.

With the completion of the transaction, the company is expected to begin trading under the symbol “ARIS” on the TSX Venture as of February 8, with the firm this morning also announcing that it has received conditional approval to list on the TSX, with further details to be released in the future. Meanwhile, the firm has seen the net proceeds from its $85 million private placement and its US$83 million of gold-linked notes released from escrow.

Funding from the private placement is to be used for the expansion of the firms Marmato mine, which will see its capacity extended to 150,000 ounces of gold per year. The company also intends to continue exploration at the property to extend the current 13 year mine life, while implementing a project development plan to optimize the operation and deliver further value to the company and shareholders.

Outside of Marmato, Aris intends to “pursue a strategy of acquiring operating gold mines and projects nearing construction.” The company intends to then provide value to such operations via additional scale, optimization, and investing in expansion and further near-mine exploration.

The company is helmed by that of Neil Woodyer, whom has taken the CEO role at the firm. Woodyer is supported by an independent board helmed by Chairman Ian Telfer, and includes numerous industry leaders including Peter Marrone, Daniela Cambone, Attie Roux, David Garofalo, Hernan Martinez, and Serafino Iacono. Frank Giustra meanwhile is acting as a strategic advisor to the board.

Aris Gold last traded at $2.49 on the TSX Venture.


Information for this briefing was found via Sedar and Caldas Gold. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

First Majestic Posts Record Quarterly Silver Production In Q3

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

Related News

Golden Cariboo Hits 1.46 g/t Gold Over 136 Meters, With Frank Callaghan

In this interview at the Precious Metals Summit 2024, J. Frank Callaghan, President & CEO...
Tuesday, September 17, 2024, 12:10:00 PM

Your Next African Gold Mining Champion | Peter Marrone – Allied Gold

In this interview, Peter Marrone, CEO of Allied Gold (TSX: AAUC), outlines the company’s growth...

Saturday, February 1, 2025, 11:34:00 AM

New Gold Reports Q2 Revenues Of $198 Million, Net Loss

New Gold Inc. (TSX: NGD) today reported its second quarter 2021 results for the period...

Wednesday, August 11, 2021, 09:37:00 AM

Trillium Gold Intersects 129.79 g/t Gold Over 1.30 Metres At Rivard

Trillium Gold Mines (TSXV: TGM) this morning reported the three latest drill results from its...

Tuesday, June 29, 2021, 11:47:00 AM

Goldpoccalypse Now! Does The Dow Theory Confirm A Bearish Move?

Oil up the munitions press and stock up on canned goods, kids, because this is...

Wednesday, February 26, 2020, 09:30:11 AM