ARIS GOLD ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING

Rhea-AI Summary

Aris Gold Corporation (OTCQX: ALLXF) held its Annual General and Special Meeting on June 3, 2022, with 60.59% of shares represented. Eight directors were elected with high approval rates, notably Ian Telfer and Neil Woodyer, receiving over 98% support. KPMG LLP was re-appointed as auditors. Shareholders approved the issuance of up to 20 million common shares related to the conversion of a $35 million debenture to GCM Mining Corp. This meeting reflects strong shareholder engagement and support for the company's governance and financial resolutions.

Positive

• High voter turnout with 60.59% of shares represented.
• Eight directors elected with strong approval ratings (e.g., Ian Telfer: 98.98%).
• KPMG LLP re-appointed as auditors, indicating stable financial oversight.
• Approval for issuance of up to 20 million common shares tied to debenture conversion, providing financial flexibility.

Negative

• None.

VANCOUVER, BC, June 3, 2022 /PRNewswire/ - Aris Gold Corporation (Aris Gold or the Company) (TSX: ARIS) (OTCQX: ALLXF) reports voting results of its Annual General and Special Meeting of shareholders held earlier today.

AGM Voting Results

Shareholders holding 83,516,014 shares or 60.59% of the outstanding shares of the Company participated directly or were represented by proxy at the meeting. The meeting voting results are as follows.

Election of Directors

The number of directors to be elected was fixed at eight and the following directors were elected to the Board:

Nominee	Votes for	% for	Votes withheld	% withheld
Ian Telfer	80,363,938	98.98%	829,850	1.02%
Neil Woodyer	81,173,938	99.98%	19,850	0.02%
Daniela Cambone	81,185,938	99.99%	7,850	0.01%
David Garofalo	81,173,438	99.97%	20,850	0.03%
Serafino Iacono	81,120,252	99.91%	73,536	0.09%
Peter Marrone	81,173,438	99.97%	20,350	0.03%
Hernan Martinez	81,163,238	99.96%	30,550	0.04%
Attie Roux	81,163,238	99.96%	30,550	0.04%

Appointment of Auditors

KPMG LLP were re-appointed as auditors of the Company for the ensuing year with their remuneration to be set by the Board.

	Votes for	% for	Votes withheld	% withheld
KPMG LLP	82,847,287	99.89%	87,527,	0.11%

Approval of Issuance of Common Shares upon Debenture Conversion

Also today, disinterested shareholders voted in favour of an ordinary resolution authorizing and approving the issuance of up to 20 million common shares of the Company that may be required to be issued to GCM Mining Corp. on conversion of all or some of the US$35 million 7.5% unsecured convertible debenture issued by Aris Gold Acquisition Corp., as announced on April 12, 2022.

	Votes for	% for	Votes withheld	% withheld
Debenture conversion resolution	20,170,372	99.84	31,871	0.16%

About Aris Gold

Aris Gold is a Canadian mining company listed on the TSX under the symbol ARIS and on the OTCQX under the symbol ALLXF. The Company is led by an executive team with a demonstrated track record of creating value through building globally relevant gold mining companies. In Colombia, Aris Gold operates the 100%-owned Marmato mine, where a modernization and expansion program is under way, and as of April 12, 2022, operates the Soto Norte joint venture, where environmental licensing is advancing to develop a new gold mine. Aris Gold also owns the Juby project, an advanced exploration stage gold project in the Abitibi greenstone belt of Ontario, Canada. Aris Gold plans to pursue acquisition and other growth opportunities to unlock value creation from scale and diversification.

Additional information on Aris Gold can be found at www.arisgold.com and www.sedar.com.

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SOURCE Aris Gold Corporation

FAQ

What were the voting results of Aris Gold's Annual Meeting on June 3, 2022?

The meeting saw 60.59% participation with eight directors elected and KPMG re-appointed as auditors.

What percentage of votes supported the election of directors at Aris Gold?

The directors received high approval rates, with Ian Telfer garnering 98.98% of votes.

What resolution was approved concerning the debenture conversion at Aris Gold?

Shareholders approved the issuance of up to 20 million common shares related to a $35 million debenture conversion.

Who were re-appointed as auditors for Aris Gold Corporation?

KPMG LLP was re-appointed as auditors for the following year.

What is the stock symbol for Aris Gold Corporation?

Aris Gold Corporation is listed under the stock symbol ALLXF on the OTCQX.