The brand new management and board of Aris Gold (TSX: ARIS) have an unparalleled track record of success in the mining industry/resource sector! They together with Frank Giustra have invested CAD$38 million of their own money into ARIS at a price of $2.25 per share!
The incoming new Chairman of ARIS is Ian Telfer who in 2019 was Chairman of Goldcorp when it was acquired for US$10 billion by Newmont Mining (NEM)!
Goldcorp's CEO at the time it was acquired for US$10 billion was David Garofalo and he has decided to serve alongside Telfer as a member of the new ARIS Board of Directors!
The incoming new CEO of ARIS is Neil Woodyer who in 2020 was CEO of Leagold which saw its enterprise value reach CAD$1.5 billion prior to it being acquired by Equinox Gold (EQX)!
The incoming new technical consultant of ARIS is Attie Roux who in 2020 was COO of Leagold and then became COO of EQX after it acquired Leagold! Roux retired from his position of EQX COO after its enterprise value surpassed US$3 billion!
Peter Marrone the Founder and Executive Chairman of Yamana Gold (AUY) a US$4.92 billion enterprise value gold miner has decided to become a member of the new ARIS Board of Directors!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from ARIS of USD$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.