Aris Mining comments on share price volatility, CEO says overhangs removed

Aris Mining (ARMN) announced that it is aware of recent volatility in its share price and increased trading volumes, adding that the company “understands that this activity relates to a secondary sale by Mubadala Investment Company PJSC of its entire shareholding in Aris Mining, comprising 15.75 million common shares.” The transaction was completed between Mubadala and a broad base of institutional investors by way of a block trade through the facilities of the Toronto Stock Exchange, the company noted. Neil Woodyer, Aris Mining’s CEO, commented: “Mubadala’s Aris Mining shares became free trading in late June 2025, following the one-year hold period after the Soto Norte transaction. With the recent expiry of our exchange-traded warrants and the completion of this block trade, two significant overhangs have been removed, resulting in a broader and more diversified shareholder base. We continue to advance the Pre-Feasibility Study for Soto Norte and look forward to releasing the results in September.”