MMCAP International Inc. SPC Reduces Stake in Aris Mining Corporation Below 5% Threshold

On May 15, 2026, MMCAP International Inc. SPC and its investment manager, MM Asset Management Inc., filed a Schedule 13G/A (Amendment No. 6) regarding their holdings in Aris Mining Corporation (ARMN). The filing indicates that as of March 31, 2026, the reporting persons beneficially own 7,815,142 common shares, representing 3.8% of the company's 206,314,294 outstanding shares. This reflects a decrease in ownership to below the 5% threshold, as the reporting persons now check the box for owning 5% or less of the class of securities. The shares are held directly by MMCAP International Inc. SPC, with MM Asset Management Inc. exercising shared voting and dispositive power as the investment adviser. Both entities have disclaimed beneficial ownership of the shares except to the extent of their direct interests. The filing was made under Rule 13d-1(c), certifying that the shares were not acquired for the purpose of influencing or changing control of the issuer.