Aris Mining to Acquire Remaining 49% of Soto Norte Joint Venture for $80 Million

Reuters
2025.12.05 22:01
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Aris Mining Corporation will acquire the remaining 49% interest in the Soto Norte joint venture from Mubadala for $80 million, including $60 million in cash and shares. The transaction will terminate the precious metals stream previously granted to Mubadala and is expected to close by December 2025, subject to conditions.

Aris Mining Corporation has entered into a binding term sheet to acquire the remaining 49% interest in the Soto Norte joint venture in Colombia from MDC Industry Holding Company LLC (Mubadala). The transaction, valued at US$80 million, includes US$60 million in cash and 1,739,130 newly issued Aris Mining common shares at a deemed price of US$11.50 per share. As part of the agreement, the associated precious metals stream previously granted to Mubadala will be terminated at closing. The transaction is expected to close by early December 2025, subject to final documentation and customary closing conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aris Mining Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-118922), on December 05, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here